Snyk

Company Overview

Snapshot

Founded in July 2015 by Assaf Hefetz, Snyk operates with over 1,000 employees. The company has raised $1.58 billion across 12 funding rounds from 32 investors.

Business overview

Snyk develops developer security solutions, empowering developers to build secure applications and enabling security teams to meet the demands of the digital world. Its developer-first approach secures critical application components from code to cloud, enhancing developer productivity, revenue growth, customer satisfaction, and overall security posture. Snyk's Developer Security Platform integrates with developer workflows and is designed for security teams to collaborate with development teams, serving markets in Cyber Security, Application & Website Security.

Strategic signal

In June 2025, Snyk acquired Invariant Labs, a move that significantly expands its capabilities in AI security. This acquisition signals Snyk's strategic intent to lead in safeguarding AI-driven code and addressing the growing challenges of insecure code generation, positioning the company at the forefront of evolving cybersecurity threats.

Company Intelligence Q&A

What was Snyk's most recent acquisition?

In June 2025, Snyk acquired Invariant Labs, an AI security pioneer, to enhance its AI safeguards and address new security challenges in software development.

What was Snyk's acquisition strategy in late 2024?

In November 2024, Snyk acquired Probely to expand its API security testing capabilities.

What was Snyk's financial performance in 2024?

In October 2024, Snyk reduced its losses by 33% to $176 million, with revenue reaching $220 million.

What was Snyk's acquisition strategy in early 2024?

In January 2024, Snyk acquired cyber startup Helios for several tens of millions of dollars to enhance cloud-to-code risk visibility.