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Snyk

Cybersecurity
Snyk is a Boston and London-based developer security company that helps software teams find and fix security vulnerabilities in open-source code, containers, and infrastructure configurations.
$3.6B
+$5.27
1,748.01%
30 days ago
$0.30
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Snyk was founded in 2015 by Guy Podjarny, Assaf Hefetz, and Danny Grander, entering the application security category with a distinctive "developer-first" positioning, based on the observation that traditional application security tools had historically been built primarily for dedicated security teams working somewhat separately from software developers, often creating friction and delay when security issues were identified only late in the development process, motivating Snyk to build security scanning tools designed to integrate directly into developers' existing workflows and tools, catching vulnerabilities earlier and with less disruption to development velocity. Snyk's platform scans open-source software dependencies, container images, and infrastructure-as-code configurations for known security vulnerabilities, a particularly important capability given how extensively modern software development relies on open-source code libraries that can introduce security vulnerabilities originating from code a company's own developers did not write, along with the risk that container and cloud infrastructure misconfigurations can create significant security exposure if not caught before deployment. The company has expanded its product portfolio across these several distinct areas of developer-focused security scanning, positioning itself within the broader "shift left" security movement, a philosophy emphasizing catching and fixing security issues as early as possible in the software development process rather than only during later security review stages closer to production deployment. Snyk has raised very substantial venture funding from investors including Accel, Sequoia Capital, and Tiger Global, reaching a valuation exceeding $8.5 billion at its peak, competing with GitHub's own native security scanning features and other developer security tools.
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