{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgKvNlo4KDA","lastupdate":"2023-11-21T00:00:00.000Z","update_date":"2023-11-21T00:00:00.000Z","lastModified":"Jul 21, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"snyk","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$aKYn1dwglO1tGp1KwaGerZodyK73ghXaDi39YOpHjxvaFBkqcs1SUN","name":"Snyk","oneliner":"Developer Security Platform","registrar":"515326122","website":"https://snyk.io","careerspage":"https://snyk.io/careers","founded_month":7,"founded_year":2015,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/snyksec","youtube":"https://www.youtube.com/channel/UCh4dJzctb0NhSibjU-e2P6w","facebook":"https://www.facebook.com/snyksec","linkedin":"https://www.linkedin.com/company/10043614","instagram":""},"social":["https://www.facebook.com/snyksec","https://www.linkedin.com/company/10043614","https://www.youtube.com/channel/UCh4dJzctb0NhSibjU-e2P6w","https://twitter.com/snyksec"],"flattenedsociallinks":"https://www.facebook.com/snyksec|https://www.linkedin.com/company/10043614|https://www.youtube.com/channel/UCh4dJzctb0NhSibjU-e2P6w|https://twitter.com/snyksec","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"500+","employees_exact":1229,"patent":1,"raised":1578500000,"stage":"G","public_stage":"G","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4PuDstIIDA","primary_sector":"Cyber Security","alternativenames":["Snykio","Snyk io","Snyk.io"],"about":"Snyk creates developer security solutions, empowering the world's developers to build secure applications and equipping security teams to meet the demands of the digital world. \r\n\r\nSnyk's developer-first approach ensures organizations can secure all of the critical components of their applications from code to cloud, leading to increased developer productivity, revenue growth, customer satisfaction, cost savings, and an overall improved security posture. \r\n\r\nSnyk's Developer Security Platform automatically integrates with developers' workflow and is purpose built for security teams to collaborate with their development teams. Snyk is used by 1,200 customers worldwide today, including Asurion, Google, Intuit, MongoDB, New Relic, Revolut, and Salesforce. Snyk is recognized on the Forbes Cloud 100 2021, the 2021 CNBC Disruptor 50, and was named a Visionary in the 2021 Gartner Magic Quadrant for AST.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"","country":null,"address":{"israeli":[{"id":"82b2cbc4-fdc0-4f71-a53c-b8eb32811a38","city":"Tel Aviv-Yafo","type":null,"address":"Recital Building (H Tower), 156 Menachem Begin, 16th FL, Tel Aviv, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"3ff19a9d-408b-49b7-b987-9dbfccf344d3","city":null,"address":"97 Hackney Road, London, UK","country":"United Kingdom","placeid":null},{"id":"5012afa9-009b-4bc0-8d35-91a92154ff26","city":"Chippendale","address":"1 Sussex Street, Barangaroo Sydney, NSW 2000","country":"Australia","placeid":null},{"id":"5bcb5693-f374-42e7-8958-23e9fc2d9ff3","city":"Boston","address":"100 Summer St, 7th floor Boston, MA 02110","country":"United States","placeid":null},{"id":"bb763a57-6e7b-4366-a392-1bbe9c2ea576","city":"Zürich","address":"Seestrasse 353, 8038 Zürich, Switzerland","country":"Switzerland","placeid":"ChIJC473qCoJkEcRU4kUaPNDGOU"},{"id":"bfc87c0b-d047-4326-977d-d5196e2b4a54","city":"Singapore","address":"63 Robinson Rd, Singapore 068894","country":"Singapore","placeid":"ChIJp-spbRIZ2jERPJdxB3VdS08"},{"id":"fad12242-defb-475d-8ebd-8c35c2856bc3","city":"Bucureti","address":"Boulevardul Dacia 44, Bucharest 030167, Romania","country":"Romania","placeid":null},{"id":"ff6a1247-5c77-4f87-a2aa-4a0c15e88f2e","city":"Shibuya City","address":"Link Square Shinjuku 16F, 5-27-5 Sendagaya, Shibuya City","country":"Japan","placeid":null}]},"headquarter_address":null,"district":"Center District","news":[{"id":"0FQUBZpffZs6V5DkU0uiMJHRXkrAncQKDIgeUDkdqRdUDOxSFpooNG","date":"Sep 18, 2025","link":"https://www.calcalistech.com/ctechnews/article/i7ucn8teu#autoplay","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"AI development","round":null,"company":"Tessl","layoffs":null,"summary":"At the Mind the Tech London 2025 conference, Guy Podjarny, founder of Tessl and former Snyk CEO, introduced Tessls new approach to software development, termed spec-driven development. This method aims to address the reliability issues of AI in coding by requiring AI agents to capture intent before generating code. Tessl has secured $125 million in funding from investors like Index Ventures and Accel. Podjarny emphasized the importance of aligning AI with human developers through structured specifications, which could prevent production defects and improve productivity. Tessls launch marks a significant step in AI-powered software development, with a focus on creating a shared knowledge base for best practices.","partners":null,"customers":null,"eventType":null,"investors":["Index Ventures","Accel","GV","boldstart"],"confidence":9,"key_topics":["AI reliability","spec-driven development","software development","investment","coding agents"],"date_of_event":"2025","product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$125 million","structured_issues":["Investment","Product Stage"],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Investment  #Product Stage","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"sGjJ9D7zVU3KmSZzML7byfqQAloGw8r3rQaPj8XJafjB6VIJ7K7Nv9","news_summary":"Ex-Snyk founder warns coding agents are unreliable, pitches “spec-driven development” as new standard.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"XH3f6miw3k9p5BXTeXGHulgOBg4Nb8GfeYU2gLen0Lj1ET4BZpcevs","date":"Aug 12, 2025","link":"https://www.calcalistech.com/ctechnews/article/684uz2na8","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"revenue slowdown","round":"Series G","company":"Snyk","layoffs":"10%","summary":"Snyk, an Israeli-founded cybersecurity company, experienced slower revenue growth in 2024, with a 26% increase to $278 million compared to 2023. Despite this, the company expanded its customer base and workforce, growing to 4,478 customers and 1,162 employees. Snyk launched a new AI platform, the Snyk AI Trust Platform, to manage and secure software development. The company raised $196.5 million in a Series G funding round in December 2022 at a $7.4 billion valuation. Snyk also spent over $40 million on acquisitions, including Enso Security and Helios. The company ended 2023 with $350 million in cash balances. Snyks ARR exceeded $300 million, and it continues to focus on comprehensive security solutions for developers.","partners":null,"customers":"4,500","eventType":null,"investors":null,"confidence":10,"key_topics":["revenue","acquisition","AI platform","customer growth","workforce"],"date_of_event":"2024","product_stage":"released","investment_date":"December 2022","acquired_company":"Enso Security, Helios","valuation_amount":"$7.4 billion","impact_on_company":null,"investment_amount":"$196.5 million","structured_issues":["Customers","Layoffs","Acquisition","Investment","Expand"],"acquisition_amount":"$32.7 million on Enso Security, $2.9 million on Helios","FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Customers  #Layoffs  #Acquisition  #Investment  #Expand","entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"xrXmefw9YAThkdehcyaKNCdQNO1yNqwJmZpTxVEFixJoUZriKIsXLw","news_summary":"Filings show revenue up by 26% from 2023, with operating loss standing at more than $188 million.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"aNcYwUaulY2gVEqfOEJJcDm25tWDHdK2FIBfUf1E6mIj6157mjJGMt","date":"May 28, 2025","link":"https://www.calcalistech.com/ctechnews/article/sjqi00hnflx","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"AI security","round":"Series G","company":"Snyk","layoffs":null,"summary":"Snyk, a cybersecurity company specializing in application security for software development, has launched the Snyk AI Trust Platform to address the growing need for secure AI-driven code. This launch is part of Snyks strategy to secure software development in the AI era, as highlighted by CTO Danny Allan. The company has achieved $300 million in annual recurring revenue and has a customer base of 4,500. Snyk recently raised $196.5 million in a Series G funding round at a valuation of $7.4 billion and spent over $40 million on acquisitions, including Enso Security and Helios. The company is preparing for an IPO, aiming to continue its growth trajectory by integrating AI into its security offerings.","partners":null,"customers":"4,500 customers","eventType":"IPO","investors":null,"confidence":10,"key_topics":["AI security","code generation","cybersecurity","acquisitions","IPO preparation"],"date_of_event":"2023","product_stage":"released","investment_date":"December 2022","acquired_company":"Enso Security, Helios","valuation_amount":"$7.4 billion","impact_on_company":"growth-positive","investment_amount":"$196.5 million","structured_issues":["Investment","Acquisition","Customers","Expand","Public Trading"],"acquisition_amount":"$40 million","FDA approved/pending approval":null,"AI technology developing/using":"developing","structuredIssuesShow":"#Investment  #Acquisition  #Customers  #Expand  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"NrBQmMEYJXn63gFvNrGAFVkwhpIsfbjZ87tRjZVUDu6nZeSxtLAQ0H","news_summary":"Snyk has unveiled tools to secure AI-driven code as insecure code generation reaches 48%, according to a Georgetown University study.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"sfpLvj7ubANhGsyUVDBvhXpYkg4upppjbkFsnPvRxZV11v7NKl7m8P","date":"Dec 9, 2024","link":"https://en.globes.co.il/en/article-snyk-ceo-favors-wall-street-ipo-in-2026-1001496365","source":"en.globes.co.il","visible":1,"analysis":{"tags":"IPO plans","company":"Snyk","layoffs":"230 employees","summary":"Snyk, an Israeli code security company, is strategically delaying its IPO plans until at least 2026, despite having $435 million in the bank and nearing break-even. The company reported an expected annual recurring revenue (ARR) of $300 million. Snyk has experienced significant growth, with its valuation peaking at $8.5 billion in 2021. However, it faced criticism for high revenue multiples and conducted layoffs in 2022, affecting 230 employees. Snyk is focusing on AI as a major growth area, with a third of its revenue now coming from AI-related solutions. The company has expanded its capabilities by acquiring Enso Security and Helios in 2023.","partners":[],"customers":[],"investors":[],"confidence":9,"key_topics":["IPO","ARR","AI","Layoffs","Acquisitions"],"date_of_event":"December 9, 2024","valuation_amount":"$7.4 billion","impact_on_company":"growth-positive","investment_amount":"","structured_issues":["Public Trading","Layoffs","Acquisition"],"acquisition_amount":"","structuredIssuesShow":"#Public Trading  #Layoffs  #Acquisition","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"1xhSM2XtnJxy3VvtH1YeuLB55KUqiLueo8wtAqZEZQACoycvr7lhcb","news_summary":"Snyk CEO favors Wall Street IPO in 2026","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"aHb9GBwhhjBKBARQxuGvSrAD8X2TPi8tjwPS6pNbMhjKhU5rpxIIIy","date":"Oct 6, 2024","link":"https://www.calcalistech.com/ctechnews/article/sj59orekkg","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"revenue growth","company":"Snyk","layoffs":"over 100 employees","summary":"Snyk, a cybersecurity unicorn, reported a 50% increase in revenue to $220 million in 2023 while reducing its losses by 33% to $176 million. The company laid off over 100 employees, reducing its workforce by 10% to around 1,100 people. In December 2022, Snyk raised $196.5 million in a Series G funding round at a valuation of $7.4 billion. The company spent over $40 million on acquisitions, including $32.7 million on Enso Security and $2.9 million on Helios. Snyks customer base now exceeds 3,100, with notable clients like Google and Salesforce. The company is preparing for a potential IPO, although the timeline remains uncertain. Snyk also launched a new product, AppRisk, to enhance application security management.","partners":[],"customers":["Asurion","Google","Intuit","MongoDB","New Relic","Revolut","Salesforce"],"investors":[],"confidence":10,"key_topics":["Revenue","Layoffs","Acquisitions","IPO","Products"],"date_of_event":"2023","valuation_amount":"$7.4 billion","impact_on_company":"growth-positive","investment_amount":"$196.5 million","structured_issues":["Layoffs","Investment","Acquisition","Customers","Public Trading"],"acquisition_amount":"over $40 million","structuredIssuesShow":"#Layoffs  #Investment  #Acquisition  #Customers  #Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"wIdJRO059vMDXHTggSF8ADOyn8wgtnv1vmnC7KO81YkprUs2sEaNHX","news_summary":"The cybersecurity unicorn reduced losses by 33% to $176 million, with its revenue reaching $220 million.","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"SMb3b0kwqbsMBphYJcQHuI4VzsJkCdnQYjG8KTJex8VEceUJFSIFZk","date":"Mar 20, 2024","link":"https://en.globes.co.il/en/article-snyk-drafting-prospectus-for-wall-street-ipo-report-1001474297","source":"en.globes.co.il","visible":1,"analysis":{"tags":"Cybersecurity, IPO","company":"Snyk","layoffs":"Not mentioned","summary":"Israeli cybersecurity company Snyk is reportedly preparing its investor prospectus for a confidential filing with the US Securities and Exchange Commission (SEC) in the coming months. In December 2022, Snyk raised $196.5 million in a funding round led by the Qatar Investment Authority, valuing the company at $7.4 billion. Snyk, founded in 2015, has developed a platform that identifies security breaches and manages open source licensing issues for code.","partners":"Not mentioned","customers":"Not mentioned","investors":["Qatar Investment Authority"],"confidence":9,"key_topics":["Investor Prospectus","Confidential Filing","SEC","Cybersecurity","Funding"],"date_of_event":"March 20, 2024","valuation_amount":"$7.4 billion","impact_on_company":"growth-positive","investment_amount":"$196.5 million","structured_issues":["Public Trading","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Public Trading  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Ow2Qc0fuAi7z1YzxtDRXwPIIA83aJeJhadVSWHMPDjswvkHgBUGZBd","news_summary":"Snyk drafting prospectus for Wall Street IPO - report","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"AXxvN0i7numpHTlYSGZHVEfQ5q5ZMemcvsypxPEYatYgzCrseGXDlo","date":"Jan 26, 2024","link":"https://www.theinformation.com/articles/cybersecurity-upstarts-snyk-cato-prepare-for-ipos","source":"www.theinformation.com","visible":1,"analysis":{"tags":"IPO","company":["Snyk","Cato Networks"],"layoffs":"Not mentioned","summary":"Cybersecurity startups Snyk and Cato Networks are preparing for initial public offerings (IPOs). Snyk, backed by Accel Partners and valued at $7.4 billion in 2022, is drafting its IPO investor prospectus and could file it confidentially with regulators in the next few months. Cato Networks, a SoftBank-backed Israeli startup valued at $3 billion last year, plans to hire bankers by March for an IPO later this year.","partners":["Accel Partners","SoftBank"],"customers":"Not mentioned","investors":["Accel Partners","SoftBank"],"confidence":9,"key_topics":["Cybersecurity","Initial Public Offering"],"date_of_event":"2022","valuation_amount":{"Snyk":"$7.4 billion","Cato Networks":"$3 billion"},"impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Public Trading"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Public Trading","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"QmNHQyBQn6lhbvKWQWfr1jy2pOrp0LBiEGEovxHFvezF8oRaQYNxCN","news_summary":"Cybersecurity Upstarts Snyk, Cato Prepare for IPOs","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"QZkXUJJK0aBrvTMzWdIyxPxAd035iWo7c9nQBLb94G4pOwJMluH8hg","date":"Jan 16, 2024","link":"https://www.calcalistech.com/ctechnews/article/h1nik11eyt","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Acquisition, Cybersecurity","company":"Snyk","layoffs":"None","summary":"Israeli cybersecurity firm Snyk is acquiring startup Helios to improve its cloud-to-code risk visibility. The deals value was not disclosed, but it is believed to be worth tens of millions of dollars. Snyk will integrate Helios full-stack runtime data collection and insights with its own Developer Security Platform, providing customers with a comprehensive view of all company applications throughout the software development lifecycle. The acquisition includes cash and stock components, and Helios employees will join Snyk. This is Snyks second acquisition in Israel, following its purchase of Enso Security for $32.7 million in June 2023.","partners":"Not mentioned","customers":"Not mentioned","investors":"Entrée Capital, Amiti VC","confidence":9,"key_topics":["Acquisition","Cybersecurity","Cloud-to-code risk visibility","Developer security","Software development"],"date_of_event":"Not mentioned","valuation_amount":"Not disclosed","impact_on_company":"growth-positive","investment_amount":"$5 million","structured_issues":["Acquisition"],"acquisition_amount":"Not disclosed","structuredIssuesShow":"#Acquisition","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"DdcgFnylnXJbP097lAVlQpCjTWIxkzdWaIMIor4xL7dF73d1XDCqYb","news_summary":"Snyk acquires cyber startup Helios for several tens of millions of dollars to boost cloud-to-code risk visibility | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"CYdu8TUiwBffpvwqX8UA2yD1lm4YmTHBJNPwiCRVes1kCifJUWiUnX","date":"Nov 14, 2023","link":"https://www.prnewswire.com/apac/news-releases/snyk-unveils-new-vulnerability-intelligence-solution-with-servicenow-to-provide-comprehensive-insights-into-software-supply-chain-risk-301985652.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Partnership, Cybersecurity","company":"Snyk","layoffs":"Not mentioned","summary":"Snyk, a developer security company, has announced a joint solution with ServiceNow to provide software engineers with vulnerability intelligence for their software bill of materials (SBOMs). The new solution, Snyk Vulnerability Intelligence for SBOM, will give developers end-to-end visibility of vulnerabilities in their full software supply chain. The feature is designed to support secure development practices and address supply chain security issues. ServiceNow, a Snyk customer, partner, and recent investor, has been committed to working with Snyk to pivot the legacy security industry to a more modern, developer-led approach.","partners":"ServiceNow","customers":"Not mentioned","investors":"ServiceNow","confidence":9,"key_topics":["Vulnerability Intelligence","Software Supply Chain","SBOM","ServiceNow","Cybersecurity"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Partners","Customers"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"8ZNqYyjnG9wHn6KBpvHcAxxgRO6sw0GXWcGCXnGC2hgviLdz9Q2qFe","news_summary":"Snyk Unveils New Vulnerability Intelligence Solution with ServiceNow to Provide Comprehensive Insights Into Software Supply Chain Risk","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ElUghRfZtozK3i829iw2ZP8L7uyZ7RAmeGy57oprdgH8k5YJiopC2q","date":"Nov 8, 2023","link":"https://siliconangle.com/2023/11/09/collaborative-defense-synk-sentinelone-integrate-platforms-bolster-cybersecurity/","source":"siliconangle.com","visible":1,"analysis":{"tags":"Cybersecurity, Integration","company":"Snyk Ltd., SentinelOne Inc.","layoffs":"N/A","summary":"Cybersecurity firms Snyk Ltd. and SentinelOne Inc. have announced a partnership to integrate SentinelOne’s cloud workload protection platform, Singularity Cloud Workload Security, with the Snyk Developer Security Platform. The integration aims to correlate cloud runtime threat detections identified by SentinelOne with vulnerabilities found by Snyk in container images, allowing security and developer teams to address the root cause of these issues more effectively. The integration is available to SentinelOne and Snyk customers starting today through the Singularity Marketplace.","partners":"Snyk Ltd., SentinelOne Inc.","customers":"N/A","investors":"N/A","confidence":9,"key_topics":"Cybersecurity, Platform Integration, Cloud Workload Protection, Developer Security, Threat Detection","date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Partners","acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"hMt8mUJBQ5MOXn75rd0OzENTOOJyIUJ4e24PbgKchQWfgzCmVRC1x9","news_summary":"Collaborative defense: Snyk and SentinelOne integrate platforms to bolster cybersecurity - SiliconANGLE","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1BIHaDOMJPxzqUUMQxbyh1kUTC674HmphWNgNmpLJHYLH5q419LzyK","date":"Oct 30, 2023","link":"https://www.bankinfosecurity.com/snyk-buys-reviewpad-to-help-developers-contribute-code-fast-a-23437","source":"www.bankinfosecurity.com","visible":1,"analysis":{"tags":"Acquisition, Artificial Intelligence","company":"Snyk","layoffs":"128 in April 2023, total of 356 in the past year","summary":"Boston-based security vendor Snyk has acquired Porto-based startup Reviewpad to help developers secure pull requests and vet code generated by AI tools. Reviewpads technology embeds governance into the pull request workflow and automatically determines which information should be routed to which people in the company. The acquisition will help Snyk focus more on the security aspects of Reviewpads portfolio as it moves through closed beta, early access, and general access for the new integrated capabilities based on the acquired technology. This is Snyks ninth acquisition since its founding eight years ago.","partners":"Not mentioned","customers":"Not mentioned","investors":"Shilling VC","confidence":9,"key_topics":["Acquisition","Software Development","AI Tools","Pull Requests","Layoffs"],"date_of_event":"October 30, 2023","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":["Acquisition","Layoffs"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Acquisition  #Layoffs","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"CoKUBMu2ydlvfVwzzd9CNrXs8DEhyVyUm7Qp2fdhzG81nLOycqHBMu","news_summary":"Snyk Buys Reviewpad to Help Developers Contribute Code Fast","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"0o1cmgQ727MaZvx9Y9bS7QwZ5E843qJWcABLnKEi0huKMMd2Xw1Qdd","date":"Oct 16, 2023","link":"https://readitquik.com/security-2/nightfall-ai-and-snyk-partner-on-ai-powered-secrets-scanning/","source":"readitquik.com","visible":1,"analysis":{"tags":"Partnership, Cybersecurity","company":"Nightfall AI, Snyk","layoffs":"N/A","summary":"Nightfall AI and Snyk have entered into a strategic partnership to enhance cybersecurity. The partnership will offer developers AI-powered secrets scanning capabilities by combining Nightfall’s Data Loss Prevention (DLP) platform with Snyk’s Developer Security Platform. This collaboration aims to address the increasing need for robust data protection and security in the tech industry. The joint venture will enable developers to utilize cutting-edge AI to detect and secure critical data more effectively, thereby addressing prevalent cloud security threats, particularly the significant challenge of leaked secrets and credentials frequently encountered by developers and SecOps teams.","partners":"Nightfall AI, Snyk","customers":"Snyks clientele","investors":"N/A","confidence":9,"key_topics":"Strategic Partnership, Cybersecurity, Data Protection, Developer Security, Data Loss Prevention","date_of_event":"October 12th","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Partners","acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LdyxxnqdSzRTC0ENlCSUJ8biPTGjK0FqBd2KTcsvcLWlsXnGSIRt08","news_summary":"Nightfall AI and Snyk Partner on AI-Powered Secrets Scanning","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"1fjqQj0nNYV4gGHgZc5osfkepzc2kPlxEbc6ClM6HvlXhyjXoY2GRZ","date":"Oct 2, 2023","link":"https://www.calcalistech.com/ctechnews/article/ryrrggdlt","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Financial Performance, Layoffs, Acquisition, Investment","company":"Snyk","layoffs":"128 employees","summary":"Cybersecurity company Snyk reported a 153% increase in revenue to $147 million in 2022, but also saw its losses increase by over 20% to $267.3 million due to a 48% rise in costs. The company raised $196.5 million in a Series G round in December 2022, at a lower valuation of $7.4 billion compared to its previous round in September 2021, where it raised $300 million at a valuation of $8.5 billion. Snyk also laid off 128 employees in April 2023, representing 12% of its workforce, and expects to pay between $4.2 million to $5.2 million in connection with the layoffs. In June 2022, Snyk acquired Israeli startup Enso Security for $32.7 million.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Revenue Growth","Increased Losses","Fundraising","Layoffs","Acquisition"],"date_of_event":"2022","valuation_amount":"$7.4 billion","impact_on_company":"growth-negative","investment_amount":"$196.5 million","structured_issues":["Investment","Acquisition","Layoffs"],"acquisition_amount":"$32.7 million","structuredIssuesShow":"#Investment  #Acquisition  #Layoffs","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"tJ1YpaKEhjV2N1ZVXuhUGyPZxxyJ31fLm6wEfBa82XiKNC80sdEKX6","news_summary":"Snyk losses surged to $267 million in 2022 despite 157% increase in revenue | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"2MGpI9Uuuithnizd1dbIn2n2oXz5fNW2PGauMYPOsDeIYOOh8jXBGY","date":"Jul 10, 2023","link":"https://www.calcalistech.com/ctechnews/article/skghv7kk3","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Devaluation, Layoffs","company":"Snyk","layoffs":"358 employees","summary":"Former employees and early investors of cybersecurity firm Snyk are selling shares at a company valuation of $3.3 billion, a significant drop from its $7.4 billion valuation in December 2022. This secondary sale of shares reflects the declining value of unicorns in the tech market, with most seeing their value halved since the onset of the crisis. Snyk has also undergone three rounds of layoffs in the past year, with a total of 358 employees let go, reducing its workforce by 25%. In June, Snyk acquired Israeli startup Enzo Security for $50 million.","partners":"Not mentioned","customers":"Not mentioned","investors":"Former employees and early investors","confidence":"9","key_topics":["Devaluation","Layoffs","Acquisition","Secondary Share Sale","Down Round"],"date_of_event":"Not specified","valuation_amount":"$3.3 billion","impact_on_company":"Growth-Negative","investment_amount":"Not mentioned","structured_issues":["Customers","Layoffs","Acquisition"],"acquisition_amount":"$50 million","structuredIssuesShow":"#Customers  #Layoffs  #Acquisition","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"Growth-Negative","analysisId":"eVCbil7rRd2CyhN9folYQL7mtkq4I5oSkNPrzkDDTcc9Ts3vi7V3dc","news_summary":"Cybersecurity unicorn Snyk sees valuation plummet by over 50% in secondary deals | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"70Wcb2V8furyGnVLsA8QglmDPw3hPrMsIDYkN7Gu7visasdfDBeSol","date":"Jun 8, 2023","link":"https://en.globes.co.il/en/article-snyk-buys-israeli-co-enso-security-1001448926","source":"en.globes.co.il","visible":1,"analysis":{"tags":"Acquisition, Investment","company":"Enso Security, Snyk","layoffs":"Not mentioned","summary":"Snyk, an Israeli developer security company, has announced plans to acquire Enso Security, an enterprise application security company also based in Israel. Enso Security, founded in 2020 by former Wix application security experts, has developed an Application Security Posture Management (ASPM) solution. The acquisition is expected to close in Q2 2023. No financial details were disclosed, but reports suggest that Enso Security, which has raised $6 million to date, is being acquired for $45-50 million.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Acquisition","Developer Security","ASPM Solution","Investment","Company Growth"],"date_of_event":"June 8, 2023","valuation_amount":"$7.4 billion (Snyk)","impact_on_company":"growth-positive","investment_amount":"$196.5 million (Snyk Series G financing round)","structured_issues":["Acquisition","Investment"],"acquisition_amount":"$45-50 million (Enso Security)","structuredIssuesShow":"#Acquisition  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"TkDYLfHHMRCcpufwcp6PbS0oJHp3fTn9OLfKFBJrrbojKZucEfqRn3","news_summary":"Snyk buys Israeli co Enso Security","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"XOoyAOipmklFsLaE8UJASXhHrNlTseI4gjTU5gF1OVGpd6sTaYNyoS","date":"Apr 13, 2023","link":"https://www.calcalistech.com/ctechnews/article/r1hbcrbg3","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Layoffs, Investment","company":"Snyk","layoffs":"355","summary":"Cybersecurity company Snyk has laid off another 128 employees, following previous layoffs of 198 employees in October and 30 in July. This means the company has let go of around 355 employees in less than a year, which is 25% of its workforce. The layoffs come despite the company closing a $196.5 million Series G investment last December. Snyks CEO, Peter McKay, has stated that the company is adapting to challenging market conditions that are expected to continue into early 2024.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":"9","key_topics":["Layoffs","Investment","Workforce Reduction","Market Conditions","Company Valuation"],"date_of_event":"Not specified","valuation_amount":"$7.4 billion","impact_on_company":"growth-negative","investment_amount":"$196.5 million","structured_issues":["Layoffs","Investment"],"acquisition_amount":"Not applicable","structuredIssuesShow":"#Layoffs  #Investment","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"growth-negative","analysisId":"5C1lVU0fPBdKGAQJxrIOAym0ngy0m0JINOZHzyg3IuhXRMMdkwF6Op","news_summary":"Cyber unicorn Snyk sacks another 128 employees, five months after raising almost $200 million | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d4ZOBCHpgtUdxfNTWEng0GnyrTMeWv6n9BhY4D0xtCOIGSoduVwXwJ","date":"Feb 16, 2023","link":"https://www.businesswire.com/news/home/20230216005124/en/Dynatrace-and-Snyk-Unify-Security-Insights-Across-the-Entire-Software-Lifecycle","source":"www.businesswire.com","visible":1,"analysis":null,"sentiment":null,"analysisId":"YRK0KkGAMCPOWMLxjvpXlrsWJNqpbpMGSRHsP16BzJNnngvof5JPNA","news_summary":"Dynatrace and Snyk Unify Security Insights Across the Entire Software Lifecycle","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"none"},{"id":"2LilSjfWKquEJAS8pp6lKYXb4YX3IiilXwO2OzAUEz5twdssakRoxs","date":"Feb 7, 2023","link":"https://www.globenewswire.com/en/news-release/2023/02/07/2602952/0/en/Snyk-Achieves-FedRAMP-In-Process-Milestone.html","source":"www.globenewswire.com","visible":1,"analysis":{"tags":"Government Compliance, Developer Security","company":"Snyk","layoffs":"Not mentioned","summary":"Snyk, a leader in developer security, has announced it is in the process of obtaining Federal Risk and Authorization Management Program (FedRAMP) authorization. The company is working with its sponsor, the Centers for Medicare and Medicaid Services (CMS), to achieve this. The authorization will allow Snyk to support federal, state, and local governments, as well as educational institutions, which were previously unable to use Snyks developer security solutions due to government compliance requirements. The move is part of Snyks commitment to supporting public sector organizations in their digital transformation efforts.","partners":"Centers for Medicare and Medicaid Services (CMS)","customers":"Federal, state and local governments, educational institutions","investors":"Not mentioned","confidence":9,"key_topics":["FedRAMP Authorization","Developer Security","Public Sector","Cybersecurity","Software Supply Chain Security"],"date_of_event":"February 07, 2023","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Customers","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Uk0r8Bi7FGoLss2hMc0iEjoRWzXGghBHIt06UzXeQgQph3cdsMWiwr","news_summary":"Snyk Achieves FedRAMP \"In Process\" Milestone","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"74EUP8vL58q8uVZncJmabXnztMw3P1UQz5vC0DV4ctxm1MgpNNZGVO","date":"Jan 24, 2023","link":"https://snyk.io/news/snyk-secures-strategic-investment-from-servicenow-to-accelerate-enterprise-devsecops-transformation/?utm_campaignpress-release-servicenow&utm_mediumSocial&utm_sourceGaggleAMP-Organic","source":"snyk.io","visible":1,"analysis":{"tags":"Investment, Partnership, Expansion","company":"Snyk","layoffs":"Not mentioned","summary":"Snyk, a developer security company, has announced a strategic investment from ServiceNow. The investment will allow Snyk to continue enhancing its Developer Security Platform and help more global enterprises benefit from DevSecOps. In addition to the funding, Snyk is also announcing a new integration with the ServiceNow Vulnerability Response solution. This integration will provide teams with a more comprehensive view of their attack surface and help them respond to priority threats faster. The investment follows Snyks $196.5 million Series G funding round in late 2022.","partners":"ServiceNow","customers":"Not mentioned","investors":"ServiceNow","confidence":9,"key_topics":["Investment","Partnership","Cybersecurity","Developer Security","Integration"],"date_of_event":"January 24, 2023","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"$196.5 million","structured_issues":["Investment","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"VHjNlQnstQmMDGVRJro32URtzHcrUyx5axcKQmymXLHvwkdsGYiuCW","news_summary":"Snyk Secures Strategic Investment from ServiceNow to Accelerate Enterprise DevSecOps Transformation | Snyk","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Rb83ZXJr0mavoRwj8vi5LQifLSpOhouhg0q7XqZ53DlHlXgCXIkqgf","date":"Dec 13, 2022","link":"https://en.globes.co.il/en/article-snyk-raises-1965m-at-74b-valuation-1001432564","source":"en.globes.co.il","visible":1,"analysis":{"tags":"Investment, Layoffs","company":"Snyk","layoffs":"228 employees","summary":"Israeli-US cybersecurity firm Snyk has raised $196.5 million in a Series G funding round led by the Qatar Investment Authority (QIA), bringing the companys valuation to $7.4 billion. The round also saw participation from new investors Evolution Equity Partners, G Squared and Irving Investors, as well as existing investors boldstart ventures, Sands Capital and Tiger Global. The funding comes after Snyk laid off 228 employees earlier this year. Despite this, the company reported a 100% year-on-year increase in revenue and a net revenue retention of over 130%.","partners":"N/A","customers":["AB InBev","Comcast","Dun & Bradstreet","Manulife","Salesforce"],"investors":["Qatar Investment Authority (QIA)","Evolution Equity Partners","G Squared","Irving Investors","boldstart ventures","Sands Capital","Tiger Global"],"confidence":10,"key_topics":["Investment","Cybersecurity","Layoffs","Valuation","Revenue"],"date_of_event":"December 13, 2022","valuation_amount":"$7.4 billion","impact_on_company":"growth-positive","investment_amount":"$196.5 million","structured_issues":["Investment","Layoffs"],"acquisition_amount":"N/A","structuredIssuesShow":"#Investment  #Layoffs","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"TxYBxqOGJ8PHkWCetz6cZSsFjNCis9hFMhKjn57S3Mtuxcpykm3iuo","news_summary":"Snyk raises $196.5m at $7.4b valuation","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"MxwfneWBFNrAH9pU8462n32Omy48dPklcbEXQGwZ5UMKaSAxlD5BX1","date":"Nov 8, 2022","link":"https://www.globenewswire.com/en/news-release/2022/11/08/2550885/0/en/SnykLaunch-Fall-2022-Helps-Companies-Successfully-Drive-DevSecOps.html","source":"www.globenewswire.com","visible":1,"analysis":{"tags":"Product Launch, Security","company":"Snyk","layoffs":"NA","summary":"Snyk, a leader in developer security, has announced several significant innovations to its Developer Security Platform. The updates include the general availability of Snyk Cloud, new capabilities to secure the software supply chain, revamped reporting features, and new plans to help existing customers maximize their Snyk investment. The new features aim to enhance collaboration between developer, operations, and security teams, and to help companies maximize the benefits of DevSecOps. The improvements were made possible by the acquisition of Fugue and TopCoat earlier this year.","partners":"NA","customers":"Asurion, Google, Intuit, MongoDB, New Relic, Revolut, Salesforce","investors":"NA","confidence":9,"key_topics":["Developer Security Platform","Cloud Security","Supply Chain Security","Software Bill of Materials","Professional Service Offerings"],"date_of_event":"November 08, 2022","valuation_amount":"NA","impact_on_company":"growth-positive","investment_amount":"NA","structured_issues":["Customers","Acquisition"],"acquisition_amount":"NA","structuredIssuesShow":"#Customers  #Acquisition","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"dBvvLTwMYbdDHqtZWol5Rm7zAQaKeAvO7JQIGDXJ9jh5bTOqbBJBxj","news_summary":"SnykLaunch Fall 2022 Helps Companies Successfully Drive DevSecOps","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ZsQTtSqlbbP67rTsAgX7Q9YpLrUt5VwaFb8u4sxR5uFFikv2JxKhOB","date":"Oct 24, 2022","link":"https://www.calcalistech.com/ctechnews/article/h1wmnrxnj","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Layoffs, Restructuring","company":"Snyk","layoffs":"198","summary":"Israeli cybersecurity company Snyk is laying off 198 employees, representing 14% of its total workforce. The layoffs come as the company is restructuring to adapt to significant market shifts and to become free cash flow positive by 2024. The company had previously laid off 30 employees in July as part of an organizational change. Snyk, which provides a security product for developers, raised $530 million at an $8.5 billion valuation in 2021, six months after receiving $300 million at a $4.7 billion valuation.","partners":"Not mentioned","customers":"2300 customers","investors":"Not mentioned","confidence":"9","key_topics":["Layoffs","Cybersecurity","Restructuring","Valuation","Investment"],"date_of_event":"24.10.22","valuation_amount":"$8.5 billion","impact_on_company":"Growth-Negative","investment_amount":"$530 million","structured_issues":["Layoffs"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Layoffs","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"Growth-Negative","analysisId":"RvIAkpdfb7j2n1BlSB6qTbaKRK077QBGN7xkmWYZwHfHq5UrE0iwN6","news_summary":"Cyber unicorn Snyk to sack 198 employees, 14% of workforce | CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"Fg79M7FsYvmg5Iv3gfMQ9Zb8SDgYJXe9sPNmpdzBeB8NUeaoB2wepq","date":"Jul 26, 2022","link":"https://techcrunch.com/2022/07/26/snyk-adds-policy-based-code-security-to-its-arsenal/","source":"techcrunch.com","visible":1,"analysis":{"tags":"Acquisition, Product Launch","company":"Snyk","layoffs":"N/A","summary":"Boston-based security company Snyk, which raised $530 million in funding last year, has announced a new developer-focused cloud security product. The products policy engine allows security teams to embed complex rules into the system to prevent problems before they occur. The technology is based on that of Fugue, a developer-focused cloud security company that Snyk acquired in February. The product is currently available to a limited group of customers, with general availability expected later this year.","partners":"N/A","customers":"Not specified","investors":"N/A","confidence":9,"key_topics":["Acquisition","Cloud Security","Product Launch","Developer-Centric","Policy Engine"],"date_of_event":"Not specified","valuation_amount":"$8.5 billion","impact_on_company":"growth-positive","investment_amount":"$530 million","structured_issues":["Acquisition","Customers"],"acquisition_amount":"Undisclosed","structuredIssuesShow":"#Acquisition  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Dux7CU03NtECDEhtYNq9avjs6Re7ABBWEErphDckHBjlFGKMkr5dGS","news_summary":"Snyk adds policy-based code security to its arsenal","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"462fef4e-21c9-40ba-b146-90b2e079c124","date":"Jul 3, 2022","link":"https://www.calcalistech.com/ctechnews/article/bjz0i4ac9","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Layoffs, Restructuring","company":"Snyk","layoffs":"30","summary":"Israeli cybersecurity company Snyk is laying off 30 employees as part of an organizational change aimed at accelerating its plans to become free cash flow positive by 2024. The company, which raised $530 million at an $8.5 billion valuation last September, has grown its customer base by more than 100% and tripled its team size in the last 18 months. It has also acquired six companies and expanded its developer security platform to five products. The layoffs represent less than 5% of its workforce. Most of the company’s employees are based in the U.S., with less than 100 employees working from its Israel office.","partners":"Not Mentioned","customers":"Not Mentioned","investors":"Not Mentioned","confidence":"8","key_topics":["Layoffs","Organizational Change","Cash Flow","Restructuring","Cybersecurity"],"date_of_event":"Not Mentioned","valuation_amount":"$8.5 billion","impact_on_company":"Growth-Negative","investment_amount":"$530 million","structured_issues":["Layoffs","Management Changes"],"acquisition_amount":"Not Mentioned","structuredIssuesShow":"#Layoffs  #Management Changes","entityGrowthIconPath":"url(/assets/circle-red.svg);"},"sentiment":"Growth-Negative","analysisId":"oZguPWlSfdPVa0AmcC8QyBUUlmUWUheczfPTkGY5dQlmHl13QjN6GQ","news_summary":"Snyk laying off 30 employees less than a year after raising $530 million  CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"k8mrm9opDoYa61d8DN9d5GTA2DzArSLDlpmSBJLViZuVKrhlksqOQM","date":"Feb 17, 2022","link":"https://venturebeat.com/security/snyk-leaps-into-cloud-security-with-acquisition-of-fugue/","source":"venturebeat.com","visible":1,"analysis":{"tags":"Acquisition, Expansion","company":"Snyk","layoffs":"NA","summary":"Developer security platform provider Snyk has announced its acquisition of Fugue, a cloud security firm, marking its entry into the cloud security market. The move is aimed at making it easier for developers to secure the cloud infrastructure necessary for running applications. Fugues technology will be integrated into the Snyk platform, providing developers with continuity from their code to cloud deployments. The terms of the acquisition were not disclosed. With the addition of Fugues 40 employees, Snyk now has a total of 1,200 employees.","partners":"NA","customers":["Google","AWS","Salesforce","Comcast","CVS Health","Atlassian","MongoDB","Reddit","AT&T","Ericsson","SAP"],"investors":"NA","confidence":9,"key_topics":["Acquisition","Cloud Security","Developer Security","DevSecOps","Infrastructure-as-code"],"date_of_event":"February 17, 2022","valuation_amount":"$8.5 billion","impact_on_company":"growth-positive","investment_amount":"NA","structured_issues":["Acquisition","Expand"],"acquisition_amount":"NA","structuredIssuesShow":"#Acquisition  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"dNKGLautTECr6UP0hTTqUOn8iucLp4hYNV9tcciwV1M3wiiFNToMvH","news_summary":"Snyk expands into cloud security with acquisition of Fugue","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d3e17be2-b56a-4fcb-9e1a-298a505a9991","date":"Dec 26, 2021","link":"https://en.globes.co.il/en/article-cybersecurity-co-snyk-planning-2022-wall-street-ipo-report-1001396014","source":"en.globes.co.il","visible":1,"analysis":{"tags":"IPO, Investment","company":"Snyk","layoffs":"Not mentioned","summary":"Israeli cybersecurity startup Snyk is preparing for an initial public offering (IPO) and is aiming to list by mid-2022. The company is reportedly seeking a higher valuation than the $8.5 billion it achieved in its last financing round in September. Snyk has raised $600 million in two financing rounds this year and has raised over $1 billion to date. The company has developed a platform that identifies security breaches and open source licensing management issues for code and takes effective action.","partners":"Not mentioned","customers":"Not mentioned","investors":["Tiger Global Management","Coatue Management","BlackRock Inc.","Alphabet’s GV","Salesforce Ventures","Canaan Partners","Boldstart Ventures"],"confidence":9,"key_topics":["IPO","Investment","Cybersecurity","Valuation","Financing Rounds"],"date_of_event":"December 26, 2021","valuation_amount":"$8.5 billion","impact_on_company":"growth-positive","investment_amount":"$600 million in 2021","structured_issues":["Public Trading","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Public Trading  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"LI4K9WSAxKWq1YqDVSHCkKWPktblUtNKdACiHIHVdiujQYEkoLWNdN","news_summary":"Cybersecurity co Snyk planning 2022 Wall Street IPO - report","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"733838a9-f07e-4526-ad1b-4f2dc9bdda38","date":"Sep 30, 2021","link":"https://venturebeat.com/2021/09/30/salesforce-and-atlassian-double-down-on-developer-security-with-75m-snyk-investment/?utm_campaign=Funding%20Weekly&utm_medium=email&utm_source=Revue%20newsletter","source":"venturebeat.com","visible":1,"analysis":{"tags":"Investment, Expansion","company":"Snyk","layoffs":"N/A","summary":"Snyk, an open source security scanning platform, has extended its series F funding round by an additional $75 million, bringing the total to $605 million. The company, which was valued at $8.5 billion a few weeks ago, is now valued at $8.6 billion. The funding round included return investments from Atlassian and Salesforce, who are now responsible for 10% of Snyk’s total $850 million raised since its inception. Snyks platform helps developers find and fix vulnerabilities in their open source codebases, containers, and Kubernetes applications.","partners":["Atlassian","Salesforce"],"customers":["Google","Salesforce","Intuit","Atlassian"],"investors":["Atlassian","Salesforce"],"confidence":9,"key_topics":["Investment","Security","Open Source","Partnership","Valuation"],"date_of_event":"September 30, 2021","valuation_amount":"$8.6 billion","impact_on_company":"growth-positive","investment_amount":"$605 million","structured_issues":["Investment","Customers","Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Investment  #Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"E3puko0zGWcw0IVXuM2Fbuny6mUvY544c2oRhmEYDRPzKKgzxNcUKC","news_summary":"Salesforce and Atlassian double down on developer security with $75M Snyk investment","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"95f357e9-1e3a-4491-9566-4044d1a9152e","date":"Sep 9, 2021","link":"https://www.calcalistech.com/ctech/articles/0,7340,L-3917531,00.html","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"Investment, Valuation","company":"Snyk","layoffs":"None mentioned","summary":"Tel Aviv-based cybersecurity startup Snyk has raised $300 million in a funding round, bringing its total raised to $770 million and its valuation to $8.5 billion. The round was co-led by Sands Capital Ventures and Tiger Global. The funds will be used for product development and technology improvement. Snyks security product is aimed at developers, providing a solution that finds and fixes vulnerabilities and license violations in open source dependencies and container images. The company has seen significant growth since the start of the Covid-19 pandemic.","partners":"Not mentioned","customers":["Google","Salesforce","Revolut","ASOS"],"investors":["Sands Capital Ventures","Tiger Global"],"confidence":10,"key_topics":["Funding round","Cybersecurity"],"date_of_event":"09.09.21","valuation_amount":"$8.5 billion","impact_on_company":"growth-positive","investment_amount":"$300 million","structured_issues":["Investment"],"acquisition_amount":"Not applicable","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"qSTBidHK5trxgdHdanuuxOjZ7Z09PZHbxEWE8bQ74g6fB5GbWkqNqp","news_summary":"Snyk's valuation rockets to $8.5 billion following $300 million funding","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"941c11c6-65cc-4fa9-882d-862c9128aaa0","date":"Jun 8, 2021","link":"https://www.prnewswire.com/news-releases/snyk-builds-security-into-aws-codepipeline-to-mitigate-open-source-risk-for-developer-and-security-teams-301307326.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Integration, Security","company":"Snyk","layoffs":"N/A","summary":"Snyk has announced the integration of its security platform into the AWS CodePipeline console. This allows AWS CodePipeline users to build automated security controls into their deployment pipeline without leaving the AWS console. The integration is aimed at helping customers build security into applications at each level of the technology stack using an intuitive, developer-friendly security platform. This is the latest in a series of integrations with AWS services, expanding upon Snyks ongoing collaboration with AWS to ensure that both development and security teams can leverage automated tooling to mitigate their open source risk as part of the development process.","partners":["Amazon Web Services (AWS)"],"customers":["ActiveCampaign"],"investors":"N/A","confidence":9,"key_topics":["AWS CodePipeline Integration","Security Enhancement","Automated Security Controls","Vulnerability Detection","Developer Engagement"],"date_of_event":"June 8, 2021","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"3f6BFJmuL3M9ozuShrXqPe0FULyYVVJj84oO9neiMbL8BNAr180XtR","news_summary":"Snyk Builds Security into AWS CodePipeline to Mitigate Open Source Risk for Developer and Security Teams","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"8a4d170b-b96e-41bb-8d35-2d935b9e88a7","date":"Jun 1, 2021","link":"https://www.prnewswire.com/news-releases/snyk-named-a-visionary-in-2021-gartner-magic-quadrant-for-application-security-testing-301303055.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Acquisition, Investment, Expansion","company":"Snyk","layoffs":"Not mentioned","summary":"Cybersecurity company Snyk has been named as a Visionary in the 2021 Gartner Magic Quadrant for Application Security Testing. The recognition is seen as a validation of Snyks developer-centric approach to cybersecurity. The companys Cloud Native Application Security Platform provides security visibility and remediation for every critical component of modern applications. Snyk has recently made its third acquisition in six months, following a $300 million Series E investment and expansion into Asia Pacific Japan.","partners":"Atlassian, Datadog, Docker, IBM Cloud, Rapid7, Red Hat, Trend Micro","customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Application Security Testing","Developer-centric approach","Acquisitions","Investment","Expansion"],"date_of_event":"June 1, 2021","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$300 million","structured_issues":["Acquisition","Investment","Expand"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Acquisition  #Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"PQXLrRhixjb51SIEhvBZNfS0aP8wUiEs72SqT7Ws2AxuVqJjpYK3JP","news_summary":"Snyk Named a Visionary in 2021 Gartner Magic Quadrant for Application Security Testing","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"cf3498d9-92ab-4a47-875d-06f65f920f30","date":"May 12, 2021","link":"https://venturebeat.com/2021/05/12/snyk-bolsters-open-source-software-security-with-fossid-acquisition/","source":"venturebeat.com","visible":1,"analysis":{"tags":"Acquisition, Expansion","company":"Snyk","layoffs":"Not mentioned in the article","summary":"Open source software vulnerability scanning platform Snyk has acquired FossID, a Swedish startup that develops a software composition analysis tool for open source code. This acquisition will give Snyk greater coverage for open source license compliance issues and more extensive support for software written in C and C++. Snyk, founded in London in 2015, helps developer teams find and address vulnerabilities and license violations in their open source codebases, containers, and Kubernetes applications. The acquisition will help Snyk reach all 6.3 million C/C++ developers and bring them the combined depth of analysis FossID offers.","partners":"Not mentioned in the article","customers":["Google","Twilio","Atlassian","Salesforce","Bosch","Ericsson"],"investors":"Not mentioned in the article","confidence":8,"key_topics":["Acquisition","Open Source","Software Vulnerability","License Compliance","Software Composition Analysis"],"date_of_event":"Not mentioned in the article","valuation_amount":"Not mentioned in the article","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned in the article","structured_issues":["Acquisition","Customers"],"acquisition_amount":"Not mentioned in the article","structuredIssuesShow":"#Acquisition  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"Bt8hEvkEftNIXxxhbCy29p9N3RurGWQfikAdTd5zId222u9xdmKo9P","news_summary":"Snyk bolsters open source software security with FossID acquisition","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c3909e66-5192-4172-9731-cf55764cd53a","date":"Mar 10, 2021","link":"https://www.prnewswire.com/news-releases/snyk-advances-developer-first-security-with-series-e-investment-301244370.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Investment, Management Changes, Expand","company":"Snyk","layoffs":"None","summary":"Cloud native application security leader, Snyk, has raised $300 million in a Series E financing round, bringing its total funding to $470 million and its valuation to $4.7 billion. The round was co-led by Accel and Tiger Global, with participation from existing and new investors. The funding will be used to meet the growing global demand for Snyks Cloud Native Application Security Platform. The company also announced the hiring of several key positions and the appointment of two new board members.","partners":["Atlassian","Datadog","Docker","Dynatrace","Google","Red Hat","Salesforce","Twilio"],"customers":"Not specified","investors":["Accel","Tiger Global","Addition","Boldstart Ventures","Canaan Partners","Coatue","GV","Salesforce Ventures","Stripes","BlackRock","Alkeon","Atlassian Ventures","Franklin Templeton","Geodesic Capital","Sands Capital Ventures","Temasek"],"confidence":"10","key_topics":["Series E Financing","Company Valuation","New Hires","Developer Security","Global Expansion"],"date_of_event":"March 10, 2021","valuation_amount":"$4.7 billion","impact_on_company":"growth-positive","investment_amount":"$300 million","structured_issues":["Investment","Management Changes","Expand"],"acquisition_amount":"None","structuredIssuesShow":"#Investment  #Management Changes  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"efaCTQZZyNkRa4Dlm98yZYISDoOXyQm6DoAfqFUKu2P6ptsn4VZwv2","news_summary":"Snyk Advances Developer-First Security with Series E Investment","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"38cc5277-3ea5-4214-9dae-0bdbe68140eb","date":"Feb 2, 2021","link":"https://www.prnewswire.com/news-releases/snyk-celebrates-devsecops-leaders-with-first-ever-customer-awards-301219906.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Customer Awards, DevSecOps","company":"Snyk","layoffs":"N/A","summary":"Cloud native application security leader, Snyk, has announced the winners of its inaugural Customer Awards. The awards were designed to highlight organisations that have helped to drive Snyks mission to empower every software developer to develop fast and stay secure. The winners include Salesforce and Auth0 (The Advocate Award), Opera (The DevSecOps Award), Skyscanner (The Early Adopter Award), and Reddit and Australia Post (The Innovator Award). The awards were distributed at Snyks first annual user conference, SnykCon 2020, which took place in Q4 2020.","partners":"N/A","customers":["Salesforce","Auth0","Opera","Skyscanner","Reddit","Australia Post"],"investors":"N/A","confidence":9,"key_topics":["Customer Awards","DevSecOps","Cloud Security","Application Development","Innovation"],"date_of_event":"Feb. 2, 2021","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Customers","acquisition_amount":"N/A","structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"dThogycabNs8FB40VRPMVIOQNtwdGqo5QsayII8PnR6wRQYNZZ7kC8","news_summary":"Snyk Celebrates DevSecOps Leaders with First-Ever Customer Awards","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"02436669-f22d-42a5-b4ab-78558158bba8","date":"Jan 26, 2021","link":"https://www.prnewswire.com/news-releases/snyk-achieves-2020-record-growth-and-announces-plans-to-lead-cloud-native-application-security-market-301214969.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Acquisition, Revenue Growth, Investment","company":"Snyk","layoffs":"Not mentioned","summary":"Cloud native application security leader, Snyk, reported its 2020 achievements and growth plans for 2021. In 2020, the company found and fixed over 4.5 million vulnerabilities, launched two new products, closed two strategic acquisitions (DeepCode and Manifold), recorded a 200% YoY increase in revenue, and raised over $350M in new funding, reaching a valuation of $2.6B. The company plans to continue its product-led growth strategy, expand its integrations, and strengthen its go-to-market relationships with strategic partners in 2021.","partners":"Atlassian, AWS, Datadog, Docker, Rapid7, Trend Micro","customers":"ActiveCampaign, Google, Intuit, Salesforce","investors":"Not mentioned","confidence":9,"key_topics":["Acquisition","Investment","Revenue Growth","Product Launch","Market Expansion"],"date_of_event":"Jan. 26, 2021","valuation_amount":"$2.6B","impact_on_company":"growth-positive","investment_amount":"$350M","structured_issues":["Acquisition","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Acquisition  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"OjC38Q1i5eWqBDcl71nTm11dOqBjAJZh8zF69wSPQELhzbW7qBICnE","news_summary":"Snyk Achieves 2020 Record Growth and Announces Plans to Lead Cloud Native Application Security Market","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"c849b9d9-3247-4743-8232-c4fe0e6fb1c9","date":"Sep 9, 2020","link":"https://techcrunch.com/2020/09/09/snyk-bags-another-200m-at-2-6b-valuation-9-months-after-last-raise/?guccounter=1","source":"techcrunch.com","visible":1,"analysis":{"tags":"Investment, Expansion","company":"Snyk","layoffs":"None","summary":"Security company Snyk has raised $200m in a funding round led by Addition, taking its total raised to $450m and its valuation to $2.6bn. The firm, which integrates security into the development process, has seen its annual recurring revenue grow 275% YoY. CEO Peter McKay said the pandemic had accelerated the companys growth, with 100 new employees added in the past year and plans to hire 100 more in the next 12 months. McKay also said the company was committed to building a diverse and inclusive culture.","partners":"Not mentioned","customers":"Not mentioned","investors":"Addition","confidence":9,"key_topics":["Investment","Valuation","Security","Growth","Diversity"],"date_of_event":"Not specified","valuation_amount":"$2.6 billion","impact_on_company":"growth-positive","investment_amount":"$200 million","structured_issues":["Investment","Expand"],"acquisition_amount":"None","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"TMUaOmEeroejjw1P4fns4Fccs5oWZhv1drYN3NIDnrusydfYdenG6c","news_summary":"Snyk bags another $200M at $2.6B valuation 9 months after last raise","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"4d776cc6-033a-4e3e-b6f3-8b483c98c2c2","date":"Aug 17, 2020","link":"https://www.prnewswire.com/news-releases/snyk-brings-developer-first-security-to-infrastructure-as-code-301112903.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Product Expansion","company":"Snyk","layoffs":"N/A","summary":"Snyk, a developer-first security company, has announced the expansion of its product line to include Snyk Infrastructure as Code (Snyk IaC). This new offering is designed to integrate seamlessly into the developer workflow, enabling application development teams to find and fix misconfigurations in their Kubernetes configuration and Terraform code before they result in production security problems. The addition of Snyk IaC to the Snyk portfolio allows developers to handle the growing number of security responsibilities that are shifting left, enabling them to build securely across all the code that makes up a cloud native application.","partners":"N/A","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Product Expansion","Cloud Security","Infrastructure as Code","Developer-first Security","Vulnerability Management"],"date_of_event":"Aug. 17, 2020","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Expand"],"acquisition_amount":"N/A","structuredIssuesShow":"#Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"fexCahf1leid2bIRVjwrBWe1yyxnv3XFuN39FyLrrd2U0iz1W2PIJT","news_summary":"Snyk Brings Developer-first Security to Infrastructure as Code","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"639309a0-c48e-4d8d-8de5-dab3cb64dff3","date":"Jul 22, 2020","link":"https://www.prnewswire.com/news-releases/snyk-strengthens-prioritization-capabilities-to-increase-developer-efficiency-and-reduce-risk-301097483.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Product Enhancement","company":"Snyk","layoffs":"N/A","summary":"Snyk, a developer-first security company, has announced significant enhancements to its Prioritization capabilities. The enhancements will help security and development teams automatically identify and fix the most critical vulnerabilities. The new features include immediate priority scoring, deep application context, customizable security policies, and Snyks automated fix PRs. The aim is to ensure that developers are fixing the most important open source and container vulnerabilities as quickly as possible.","partners":"N/A","customers":["Auth0","Skyscanner"],"investors":"N/A","confidence":9,"key_topics":["Prioritization capabilities","Developer-first security","Vulnerability remediation","Automated fix PRs","Security posture"],"date_of_event":"July 22, 2020","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"ZFzx15vc3azYusiK5vD2MHhq3iMvjPgghUYZb3QjTAxTsuLSPe3Sxa","news_summary":"Snyk Strengthens Prioritization Capabilities to Increase Developer Efficiency and Reduce Risk","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"f3a1ad66-9346-4907-b30b-e5b4a9806ad1","date":"Jun 25, 2020","link":"https://www.prnewswire.com/news-releases/snyk-state-of-open-source-security-report-reveals-vulnerabilities-down-as-cybersecurity-responsibilities-are-more-effectively-shared-across-teams-301083314.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Open Source Security","company":"Snyk","layoffs":"N/A","summary":"Snyk, a developer-first security company, has released its annual State of Open Source Security Report for 2020. The report indicates a decrease in new vulnerabilities in open source packages, suggesting a positive trend in the security of these packages. The report also highlights a shift in security mindset, with organizations increasingly embracing the core elements of DevSecOps and implementing scalable programs and best practices to ensure shared responsibility. The report was completed by over 500 developers, security practitioners, and operations technologists, and includes data from the Snyk vulnerability database and other sources.","partners":"N/A","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Open Source Security","Vulnerabilities","DevSecOps","Security Culture","Container Security"],"date_of_event":"June 25, 2020","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":"Customers","acquisition_amount":"N/A","structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"9bwkde6CfR2tlFdv25XydgegEXbn7p6RqU9bk5DN0KOf4YdPsQc2PR","news_summary":"Snyk State of Open Source Security Report Reveals Vulnerabilities Down as Cybersecurity Responsibilities Are More Effectively Shared Across Teams","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ab31cfd8-5666-4b87-aecb-d605bb9485b4","date":"Apr 28, 2020","link":"https://www.prnewswire.com/news-releases/snyk-and-red-hat-collaborate-to-enhance-security-for-openshift-and-kubernetes-workloads-301047984.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Partnership, Security","company":"Snyk, Red Hat, Inc.","layoffs":"N/A","summary":"Developer-first open source security company, Snyk, and open source solutions provider, Red Hat, Inc., have announced a new collaboration to strengthen developer-led security for Red Hat customers with new Snyk integrations for Red Hat CodeReady Dependency Analytics and Red Hat OpenShift. The integration will provide real-time analysis of open source dependencies and enhance the security of Kubernetes and container deployments. Snyks security tools support and integrate into the technologies that OpenShift users prefer, prioritizing the developer experience and overall business efficiency.","partners":"Red Hat, Inc.","customers":"Red Hat customers","investors":"N/A","confidence":9,"key_topics":["Developer Security","Open Source","Collaboration","Vulnerability Detection","Integration"],"date_of_event":"April 28, 2020","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"W5wDQ9fwrvK2Lg34RioLKKHVBMoVZrWRLbsjUhecC5CmUDQ4mcJTxt","news_summary":"Snyk and Red Hat Collaborate To Enhance Security for OpenShift and Kubernetes Workloads","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ee8e19ce-8066-4fd9-a3fd-56ced5187a6d","date":"Mar 5, 2020","link":"https://www.prnewswire.com/news-releases/snyk-and-neighbourhoodie-partner-to-keep-software-updated-and-secure-301017294.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Partnership, Security","company":"Snyk","layoffs":"N/A","summary":"Developer-first security company Snyk has partnered with Neighbourhoodie, the makers of Greenkeeper, to create a solution for keeping open source dependencies current and secure. The result, Automatic Dependency Upgrades, is now included with Snyk Open Source. This solution allows software development teams to easily find and automatically fix open source vulnerabilities. The collaboration between Snyk and Greenkeeper offers customers a market-leading capability for Automated Dependency Upgrades. This includes frictionless integration into developer workflows, helpful information to inform priorities and decisions, and control over the pace and volume of updates.","partners":["Neighbourhoodie"],"customers":["Branch Insurance"],"investors":"N/A","confidence":9,"key_topics":["Partnership","Open Source","Security","Software Development","Dependency Upgrades"],"date_of_event":"March 5, 2020","valuation_amount":"N/A","impact_on_company":"Growth-Positive","investment_amount":"N/A","structured_issues":["Partners"],"acquisition_amount":"N/A","structuredIssuesShow":"#Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"3M7OjnRzhfPpdlnTkQLQk4CuAnYcbILN6wDxZnzRnNaQLZprzzf3Ur","news_summary":"Snyk and Neighbourhoodie Partner to Keep Software Updated and Secure","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"ccb0643d-9a16-4094-a253-dd5b12e735ce","date":"Feb 18, 2020","link":"https://techacute.com/develop-fast-and-stay-secure-with-snyk/","source":"techacute.com","visible":1,"analysis":{"tags":"Investment, Cybersecurity","company":"Snyk","layoffs":"Not mentioned","summary":"Snyk, a cybersecurity company that helps developers find and fix vulnerabilities in open-source code, recently received an investment of $150 million, elevating its status to a Unicorn. The funding round was led by Stripes. Snyks solutions allow software-based organizations to reduce their cybersecurity risks at the earliest stage and make their solutions compliant by design. The companys security team maintains a database of vulnerabilities, which they monitor and update regularly. Snyks API tokens allow for compatibility with most platforms, including GitHub, BitBucket, Google and Azure.","partners":"Not mentioned","customers":"Not mentioned","investors":"Stripes","confidence":9,"key_topics":["Open-source software","Vulnerabilities","Investment","Cybersecurity","Software development"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"$150 million","structured_issues":["Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"IbtxzMprfP3e5it4idZGOnsaT78Mqj2Ag0BNHN0vPofFvGnDCTefEL","news_summary":"Develop Fast and Stay Secure with Snyk","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"cbeb8e4e-0e53-4a9d-b79a-f3dd58d97ee3","date":"Jan 12, 2020","link":"https://venturebeat.com/2020/01/21/snyk-raises-150-million-at-1-billion-valuation-for-ai-that-protects-open-source-code/","source":"venturebeat.com","visible":1,"analysis":{"tags":"Investment, Expansion","company":"Snyk","layoffs":"NA","summary":"London-based cybersecurity platform Snyk has raised $150 million in a funding round led by Stripes, with participation from Salesforce Ventures, Coatue, Tiger Global, BoldStart, Trend Forward, and Amity. This takes Snyk’s total funding to $250 million. The company is now worth more than $1 billion. Snyk helps developers find and fix flaws in their source code. The company already claims some 400,000 developer users globally, including those from big-name companies such as Google, Uber, Salesforce, and Intuit. With another $150 million in the bank, Snyk is now well positioned to double down on its product development and global expansion.","partners":"NA","customers":["Google","Uber","Salesforce","Intuit"],"investors":["Stripes","Salesforce Ventures","Coatue","Tiger Global","BoldStart","Trend Forward","Amity"],"confidence":9,"key_topics":["Investment","Cybersecurity","AI","Machine Learning","Expansion"],"date_of_event":"NA","valuation_amount":"$1 billion","impact_on_company":"growth-positive","investment_amount":"$150 million","structured_issues":["Investment","Expand"],"acquisition_amount":"NA","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"eWqVLDb92xVWXW3AiBEUMnp1XEArJKyMPAQ4MjqbncOU8DrkBiwFhk","news_summary":"Snyk raises $150 million at $1 billion valuation for AI that protects open source code","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"40211043-4d4f-4dfd-a5fd-6c8b7bcadc2b","date":"Sep 10, 2019","link":"https://en.globes.co.il/en/article-open-source-security-platform-snyk-raises-70m-1001300189","source":"en.globes.co.il","visible":1,"analysis":{"tags":"Investment, Expansion","company":"Snyk","layoffs":"None","summary":"Israeli open source security platform developer Snyk has raised $70 million in a funding round led by Accel, with participation from previous investors GV and Boldstart Ventures. The company has not disclosed its valuation for this round, but it was valued at $100 million in a previous round last September. Snyks revenue has quadrupled over the past year and is now in the hundreds of millions of dollars. The company plans to double its headquarters staff and hire new sales and development staff over the next 18 months.","partners":"Not mentioned","customers":"Not mentioned","investors":["Accel","GV","Boldstart Ventures"],"confidence":9,"key_topics":["Investment","Expansion","Security","Open Source","Revenue Growth"],"date_of_event":"September 10, 2019","valuation_amount":"Not disclosed","impact_on_company":"growth-positive","investment_amount":"$70 million","structured_issues":["Investment","Expand"],"acquisition_amount":"Not applicable","structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"m9j2q1cImhzFQfnPdZlrDx4nqmTFmBjjWv7xsnWCRHpYOAJNkbBDf9","news_summary":"Open source security platform Snyk raises $70m","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"e0f0293b-ddc3-4aec-9712-70f9884feb57","date":"Jul 24, 2019","link":"https://www.prnewswire.com/news-releases/snyk-acquires-devseccon-to-boost-devsecops-community-300889945.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Acquisition, Partnership","company":"Snyk","layoffs":"Not mentioned","summary":"Developer-first security company, Snyk, has announced the acquisition of DevSecCon, a conference dedicated to DevSecOps – the practice of building security into development processes. 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