Snyk
Financials
Estimates*
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $3.0m | Seed | |
* | $7.0m | Series A | |
* | $32.5m Valuation: $100m | Series A | |
$70.0m | Series B | ||
* | $150m Valuation: $1.0b | Series C | |
N/A | Support Program | ||
$200m Valuation: $2.6b | Series D | ||
* | $300m Valuation: $4.7b | Series E | |
* |
| $530m Valuation: $8.5b | Series F |
* | $75.0m Valuation: $8.6b | Series F | |
* | $197m Valuation: $7.4b | Series G | |
* | $25.0m Valuation: $7.4b | Late VC | |
Total Funding | $1.6b |
Related Content
Recent News about Snyk
EditSnyk (snyk.io) is a Boston-based startup that specializes in cybersecurity for software-driven businesses. The company operates in the rapidly growing market of open source security, focusing on helping developers identify and fix vulnerabilities in their code. Snyk's platform is designed to seamlessly integrate with existing development workflows, making it easier for developers to maintain security without sacrificing speed.
Snyk serves a diverse range of clients, from small startups to large enterprises, particularly those that rely heavily on open source software and containerized applications. The company's primary product offerings include a dependency scanner that proactively finds, prioritizes, and fixes vulnerabilities and license violations in open source dependencies and container images. This is crucial for businesses that need to ensure their software is secure and compliant with various regulations.
The business model of Snyk is based on a subscription service. Clients pay for access to the platform, which includes various tools and features such as the Snyk CLI (Command Line Interface), APIs (Application Programming Interfaces), and integrations with popular development environments like GitHub. The company also offers enterprise features and pricing plans tailored to the needs of larger organizations.
Snyk makes money through these subscription fees, which are tiered based on the level of service and the number of users. Additional revenue streams include premium features and services, such as advanced reporting and remediation tools, as well as partnerships with other technology providers.
In summary, Snyk is a cybersecurity company that helps software-driven businesses develop quickly while staying secure. It achieves this through a combination of developer-friendly tools and robust security features, making it a valuable partner for any organization that relies on open source software.
Keywords: cybersecurity, open source, vulnerabilities, developers, container images, compliance, subscription service, integrations, enterprise features, remediation.