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Cybersecurity Startup Snyk Acquires Cloud Security and Compliance Company Fugue

London and New York – February 17, 2022 – Cooley advised Snyk, a leader in developer security, on its acquisition of Fugue, a cloud security and compliance company. Partners Ian Nussbaum and Ben Shribman led the Cooley team advising Snyk.

This milestone marks Snyk’s entry into the cloud security market, a fast-growing segment of cybersecurity. The deal is Snyk’s fifth acquisition in the past 18 months and comes after the company’s September 2021 announcement of its $530 million Series F financing, which was followed by an additional $75 million in funding for the round.

“Together, we’ll collectively reimagine what cloud security can and should look like for today’s modern development, security and operations teams, ensuring more secure innovation can flourish worldwide,” Peter McKay, CEO of Snyk, said in a press release.

Started in London and Tel Aviv, and headquartered in Boston, Snyk empowers developers to build secure applications and equip security teams to meet the demands of the digital world. The company’s developer security platform automatically integrates with a developer’s workflow and is purpose-built for security teams to collaborate with their development teams.

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Related Contacts
Ian A. Nussbaum  Partner New York
Ben Shribman  Partner London
Ryan Naftulin  Partner London
Meredith Klionsky  Associate Washington, DC
Shlomo Fischer  Associate Chicago
Michael Zhang  Associate New York
Nyron J. Persaud  Partner New York, Chicago
Ross Eberly  Partner Los Angeles – Santa Monica, Los Angeles – Downtown
Charles Haley  Partner Palo Alto
Stephanie Gentile  Partner New York
Megan Browdie  Partner Washington, DC
Aric Wu  Partner New York
Christopher Kimball  Partner Washington, DC
Kevin King  Partner Washington, DC
Christopher Hutter  Partner Reston
Bridget R. Reineking  Special Counsel Washington, DC
Rebecca Ross  Special Counsel Washington, DC
David Hopkins  Special Counsel Colorado
Christine Graham  Special Counsel London, Brussels
Stella Sarma  Special Counsel Brussels, London
Chris Chynoweth  Associate New York
Moussa O. Ismail  Associate Reston
Megan Drill  Associate San Diego
Eileen Leman  Associate Los Angeles – Downtown, Los Angeles – Santa Monica
Rick Jantz  Associate Los Angeles – Santa Monica, Los Angeles – Downtown
Judd Lauter  Associate San Francisco
Nicola Squire  Associate London
Mark Jones  Associate London
Rubin Waranch  Associate Washington, DC
Patricia Myers  Paralegal Specialist Colorado
Margie Murphy  Paralegal Specialist New York
Melissa Eskola  Paralegal Specialist Reston