Snyk
| Company type | Private |
|---|---|
| Industry | Cybersecurity |
| Founded | 2015 |
| Founder | Guy Podjarny, Assaf Hefetz, Danny Grander |
| Headquarters | Boston , United States |
Area served | Worldwide |
Key people | Peter McKay (CEO), Guy Podjarny (President and Chairman) |
| Products | Security tools for developers, vulnerability database, remediation guidance |
Number of employees | 1400 (2022) |
| Website | snyk |
Snyk Limited is a cybersecurity firm centered on developers, specializing in protecting bespoke code, open-source components, and cloud environments. Established in 2015 with origins in Tel Aviv and London, the company is currently headquartered in Boston.
History
The company was launched by Guy Podjarny, Assaf Hefetz, and Danny Grander, all of whom previously served in Israel's military intelligence Unit 8200. Podjarny initially held the position of CEO. In July 2019, leadership transitioned when early investor Peter McKay assumed the CEO role, while Podjarny shifted to president and chairman of the board.
By the year 2022, Snyk had grown to approximately 1,400 employees and operated offices located in Tel Aviv, Ottawa, Zurich, and London.
Acquisitions
Among Snyk’s acquisitions are:
- DeepCode (September 2020), which was integrated as Snyk Code—a cloud-based static application security testing platform powered by AI. It supports a broad range of programming languages such as Apex, C#, C/C++, Go, Java, JavaScript, Kotlin, PHP, Python, Ruby, Scala, Swift, TypeScript, and Visual Basic.
- Manifold (January 2021), a company specializing in managing software assets.
- FossID (May 2021), known for vulnerability detection in C/C++ and identifying potentially risky copied code. In September 2022, FossID’s founders reacquired the company to concentrate on open source license compliance.
- CloudSkiff (October 2021), recognized for its open-source drift detection tool that tracks alterations impacting infrastructure as code configurations.
- Fugue (February 2022), offering cloud security posture management (CSPM) capabilities.
- Probely (November 2024), a startup based in Porto focused on dynamic application security testing (DAST).
- Invariant Labs (June 2025), an AI security research organization developing protections against novel AI-related threats.
Financing
The company secured $3 million in funding during 2016, followed by a $7 million Series A round in March 2018. Additional capital included $70 million raised at the end of 2019 and $150 million in January 2020. In September 2021, a Series F round brought in $300 million, valuing Snyk at $8.5 billion—doubling its worth from $4.7 billion just six months prior. Later, in December 2022, a nearly $200 million investment round was led by the Qatar Investment Authority.
Bloomberg reported in December 2021 that Snyk was preparing to launch an IPO during 2022.
In January 2023, ServiceNow Inc. contributed $25 million towards Snyk’s initiatives aimed at enhancing enterprise DevSecOps adoption.
Products
Snyk offers security tools designed to assist software developers in detecting and resolving vulnerabilities, policy violations, and weaknesses within their codebases. Its comprehensive vulnerability database monitors security flaws present in open-source software libraries and supplies remediation guidance. These offerings emphasize early identification and mitigation of security risks throughout the development lifecycle to prevent issues before deployment.