Snyk

Splunk, Snyk, N-able, Arctic Wolf and Zyxel - ever wonder how these companies landed on their names?

The vendor cut 198 staff in October and axed 30 jobs in July less than a year after raising $530m war chest for European expansion

The news comes less than three months after the vendor's EMEA VP told CPI it wants to grow in DACH, Eastern Europe, Benelux and the Nordics.

With HQs in the London and Boston, the acquisition is Snyk’s fifth in the last 18 months