Bloomberg Law
Dec. 23, 2021, 11:38 PM

Cybersecurity Startup Snyk Is Said to Plan 2022 IPO

Katie Roof
Katie Roof
Bloomberg News

Cybersecurity startup Snyk Ltd. is making preparations for an initial public offering that could happen as early as next year, according to people familiar with the matter.

The Boston-based company is speaking to banks and aiming for listing as soon as mid-2022, said the people, who asked not to be identified because the matter is private.

The company is expected to target a market value greater than its last valuation of $8.6 billion from September, the people added.

Snyk’s plans aren’t finalized and details could still change.

A representative for Snyk declined to comment.

Snyk’s platform helps software developers integrate ...

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