Snyk

Valuation $15B

About Snyk

Snyk is a cloud native application security provider that enables millions of developers to build software securely.
Headquarters Snyk, Boston
Founded 2015-01-01
Industry Cyber Security, Security, Software
Last Funding Type Corporate Round
Valuation 15
Total Funding $1.20 billion dollars
IPO Status Private

Financial

Snyk may be growing as evidenced by its preparations for an initial public offering (IPO), which typically indicates a company's confidence in its financial stability and growth prospects. Additionally, Snyk's participation in Black Hat Asia 2024 suggests an active engagement in the cybersecurity community and a commitment to maintaining a presence in industry events, which can contribute to its visibility and business development. Furthermore, the anticipation of Snyk's IPO in 2024, as reported by multiple sources, reinforces the notion of its growth trajectory and readiness to enter the public market.

Snyk is focused on developing systems for enhancing cloud-native application security. One area of research involves building a package dependencies data structure, which includes determining a package instance identifier based on unique identifiers. This work aims to improve the management and security of software dependencies, aligning with Snyk's mission to enable secure software development.

Funding Rounds 13
Number of Lead Investors 11
Total Funding Amount  $1.20 billion dollars
Number of Investors 40

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