Snyk is a technology company.
Snyk has raised $1.2B across 10 funding rounds.
Key people at Snyk.
Snyk has raised $1.2B in total across 10 funding rounds.
Key people at Snyk.
Snyk is a developer-first cybersecurity company that builds an AI-powered security platform to detect and fix vulnerabilities in code, open-source dependencies, containers, and cloud infrastructure.[3][4][8] It serves developers, security teams, and organizations like Google and Anheuser-Busch InBev, solving the problem of embedding security into fast-paced development without slowing innovation or compromising safety.[1][3][4] Snyk's growth stems from its freemium model, Shift Left Security approach, and AI enhancements, enabling rapid scaling from Series A to multi-billion valuation while fixing millions of vulnerabilities.[4][7]
The platform's developer experience prioritizes speed and automation, integrating into DevOps pipelines for proactive scanning and remediation, which boosts productivity and reduces security debt.[4][5][8]
Snyk was founded in 2015 by Guy Podjarny (former Akamai CTO), Assaf Hefetz (CTO), and Danny Grander, all ex-IDF colleagues inspired by Podjarny's DevOps experience at Akamai.[4] Podjarny sought to apply a developer-first mindset to cybersecurity, launching with Snyk Open-Source—a tool for scanning and fixing open-source vulnerabilities—to empower businesses to "develop fast and stay secure."[1][4][7] Early traction came from the rising DevSecOps movement and freemium adoption, leading to quick growth; by 2019, Peter McKay became CEO, and acquisitions like FossID in 2021 expanded capabilities.[4][7]
Pivotal moments include hitting $2.6B valuation in 30 months post-Series A via developer-led adoption and integrating into CI/CD workflows for reliable shipping.[5][7]
Snyk rides the DevSecOps and AI-driven development wave, where explosive code velocity from LLMs and agents demands "security at speed" to counter supply chain risks and zero-days.[3][4][6][8] Timing aligns with Shift Left practices and agentic workflows, as enterprises scale AI without sacrificing governance—Snyk's integrations ensure droids and devs remediate in real-time.[6][9] Market forces like rising cyberattacks on open-source and cloud favor its comprehensive engines, influencing the ecosystem by upskilling millions of developers and powering secure innovation at firms like top banks.[2][4][6]
Snyk is poised to dominate AI security as agent-native dev matures, expanding its platform for vibe coding, compliance, and net-zero goals amid regulatory pressures.[2][8] Trends like autonomous agents and software supply chain mandates will amplify demand, potentially evolving Snyk into the default governance layer for enterprise AI pipelines. With its developer-first roots securing the next dev era, Snyk exemplifies how freemium innovation turns security from bottleneck to accelerator—empowering businesses to build fast and stay secure.[1][7][9]
Snyk has raised $1.2B in total across 10 funding rounds.
Snyk's investors include Boldstart Ventures, TechAviv Founder Partners, 01 Advisors, 2xN, Accel, Addition, Altimeter Capital, Andreessen Horowitz, Diaspora Ventures, Drive Capital, General Catalyst, H.I.G. Capital.
Snyk has raised $1.2B across 10 funding rounds. Most recently, it raised $200.0M Series G in December 2022.
