Snyk
Developer security platform
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Company mission
To empower businesses to develop fast and stay secure.
Employees
1001+
HQ Location
Financial District, Boston, MA
OTTA INSIGHTS
Many candidates hear
back within 2 weeks
32% female employees
-21% employee growth in 12 months
Otta's take on Snyk
Xav Kearney
CTO of Otta
Open source software is a highly lucrative market and is growing fast. However, open source components can come with vulnerabilities, and so their widespread use in apps becomes a liability to a company’s cybersecurity. Snyk has built a way to detect when those apps or components are compromised.
The company works with developers, who are now commonly the owners of application security. It integrates into existing developer workflows, compatible with the likes of GitHub, Bitbucket and GitLab, as well as CI/CD. Snyk also varies its approach with enterprises depending on their security needs, working on-premises, via the cloud or a hybrid. This puts the company in a strong position to target all enterprises as customers. In this, Snyk has already been successful - it has hundreds of customers, including Google and Salesforce.
Valued at $8.5bn back in 2021, Snyk has lately been focussed on growth and platform improvement. It is not alone in the space, with competitors including SonarQube and Veracode, but has nonetheless remained one of the largest market players; raising new funds that come alongside an integration with ServiceNow, to further bolster the value of its offerings.
Total funding - $1.6bn
Last 2 fundraises
Dec 2022
$196.5m
SERIES G
Jan 2023
$25m
LATE VC
This company has top investors
Company benefits
- Flexible working hours
- Work-from home allowances & in-office perks
- Time off for learning and self development
- Health benefits, employee assistance plans, and annual wellness allowance with unlimited one-on-one wellness coaching sessions
- Generous vacation and wellness time off, and country-specific holidays
- 100% paid parental leave for all caregivers
- Country-specific life insurance, disability benefits, and retirement/pension programs
- Mobile phone and education allowances
- Snyk Impact - Build a more inclusive tech industry and help us power a more sustainable and secure world with Snyk Impact programs
Company values
- Care deeply - We consistently go above and beyond, driven by a passion for our people and our work
- Ship it - With an eye on delivering results, we take small, iterative steps toward achieving our goals
- One team - We transcend the boundaries of geography, function, and culture to be collaborative and thoughtful in the way we operate
- Think bigger - We are fueled by our ambition to achieve the extraordinary, pushing past limits to build solutions that can change the world
- Learn always - We embrace a mindset of openness and curiosity, learning from each other and always seeking ways to grow
Founders
Guy Podjarny
(President and Chairman of the Board)Founded Blaze (optimising websites) and was acquired by Akamai 2 years later. Guy then was CTO for Akamai for 4 years.
Assaf Hefetz
(CTO)Previously Director of Technology at Supercom (provider of digital identity solutions).
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