Israeli-led cybersecurity unicorn Snyk has announced the closing of a $196.5 million Series G investment.

In addition to the extraordinary amount of funding — rare anytime and especially during an economic downturn — there are two highly unusual aspects of this investment news.

First, Snyk laid off 198 employees in October, 14 percent of its workforce, after laying off 30 in the summer.

The second unusual aspect: The current investment round was led by the Qatar Investment Authority (QIA), the sovereign wealth fund of a Gulf country with which Israel has no diplomatic relations and has been an ally of Hamas.

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