Halifax’s Manifold Acquired by Snyk

Halifax-based Manifold has been acquired by Snyk, marking the second time in less than a decade that a company led by Jevon MacDonald has exited.

Snyk Founder Peter McKay posted a blog Tuesday saying his company – whose platform allows programmers to embed cybersecurity functions into their development process – had acquired Manifold. McKay did not reveal how much his company paid for Manifold, only that the Manifold team would now be joining the larger company.

The deal is important for the Atlantic Canadian ecosystem because Manifold’s investors include Halifax-based Build Ventures, and