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Snyk raises $196.5M

Developer security company Snyk has raised a $196.5 million Series G investment round.

The funding was led by QIA (Qatar Investment Authority). New investors Evolution Equity Partners, G Squared and Irving Investors also participated in the funding, along with existing investors boldstart ventures, Sands Capital and Tiger Global.

[Image courtesy: Snyk]

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Oracle to invest $1.5B in Saudi Arabia to open public cloud region

Oracle says it plans to open a third public cloud region in Saudi Arabia. Located in Riyadh, the new cloud region will be part of a planned US $1.5 billion investment.