Company type | Private |
---|---|
Industry | Computer security |
Founded | 2015 |
Founders |
|
Headquarters | , U.S. |
Key people | Peter McKay (CEO) |
Number of employees | 1,400 (2022) [1] |
Website | snyk |
Snyk is a developer-oriented cybersecurity company specializing in securing custom developed code, open source dependencies and cloud infrastructure. It was founded in 2015 [2] out of London and Tel Aviv [3] with headquarters in Boston. [4]
Snyk was founded in 2015 by Guy Podjarny (Hebrew: גיא פודחרני), Assaf Hefetz (אסף חפץ), and Danny Grander, (דני גרנדר) [4] coming from Unit 8200, a SIGINT unit of the Israel Defense Forces. [5] [6] Podjarny started as CEO. Peter McKay, one of the first investors, succeeded him in July 2019. Podjarny became president and chairman of the Board of Directors.[ citation needed ]
In 2022, the company had approximately 1,400 employees. [1] It also has offices in Tel Aviv, Ottawa, Zurich and London. [7] [8]
In 2020, it was listed as 39th in the Forbes Cloud 100. [9]
In November 2023, Snyk partnered with SentinelOne Inc. to integrate Snyk's Developer Security Platform with SentinelOne's Singularity Cloud Workload Security platform to improve cloud security. [10] [11]
Snyk acquired companies including DeepCode, Manifold, FossID [12] and CloudSkiff. [13] [14]
DeepCode provided what became Snyk Code, a product for static application security testing. Snyk Code is a cloud-based, AI-powered code review platform that checks, tests, and debugs code. It uses machine learning to check for mistakes in code. The platform currently supports Apex, C#, C/C++, Go, Java, JavaScript, Kotlin, PHP, Python, Ruby, Scala, Swift, TypeScript, and Visual Basic (.NET). [15] [16] [17]
FossID scans and looks for vulnerabilities in C/C++ applications and offers the capability to identify pieces of code copied from the internet, e.g., from Stackoverflow, which could contain vulnerabilities. [18]
CloudSkiff was known for its open-source tool for drift detection (detection of changes in the outside environment which may invalidate software infrastructure configuration, database setup, etc.). [13]
In 2016, the company initially raised $3 million. In March 2018, its Series A funding was $7 million. [19] In late 2019, it raised $70 million and a further $150 million in January 2020. [6] In September 2021, a Series F funding round valued the company at $8.5 billion. [12] [20] This came six months after a valuation of $4.7 billion. [21] [22] Qatar Investment Authority led the next funding round in December 2022, with Snyk raising close to $200 million. [23]
In December 2021, Bloomberg reported that Snyk was preparing for an IPO in 2022. [5] [24]
In January 2023, ServiceNow Inc. invested $25 million in Snyk. [25]
The company's security products are designed to help software developers find weaknesses, violations, and vulnerabilities in their code. [26] The company's vulnerability database records security issues found in open-source software libraries, and corrects the code. [27] [28] [29] Security vulnerabilities are identified and addressed during the development process, before the software product is in use. [30] [31]
In 2023, Snyk launched an app, Snyk AppRisk to help developers and teams collaborate with and monitor cybersecurity problems. [32]
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