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Snyk

27 stories about Snyk

Snyk surpasses $300M in ARR to reach significant growth milestone
08.12.24|CTech“Beyond simply an impressive revenue achievement, this also demonstrates that both our developer security vision and Snyk as a business have sustainable longevity for our customers and stakeholders over the long haul,” said CEO Peter McKay.
Snyk cuts losses by a third, boosts revenue by 50%, as it prepares for IPO
06.10.24|CTechThe cybersecurity unicorn reduced losses by 33% to $176 million, with its revenue reaching $220 million.
Snyk acquires cyber startup Helios for several tens of millions of dollars to boost cloud-to-code risk visibility
16.01.24|Meir OrbachThe cyber unicorn will combine Helios’ full-stack runtime data collection and insights with its developer security platform with the aim of providing customers a comprehensive picture of all company applications
Snyk losses surged to $267 million in 2022 despite 157% increase in revenue
02.10.23|Allon SinaiThe cybersecurity startup ended the year with total cash balances of $523.3 million after raising $196.5 million in a Series G downround last December at a valuation of $7.4 billion
Cybersecurity unicorn Snyk sees valuation plummet by over 50% in secondary deals
10.07.23|Sophie ShulmanFormer Snyk employees and early investors are in the process of selling shares at a company valuation of $3.3 billion, a $4 billion drop from last December’s Series G
Cyber unicorn Snyk acquiring Israeli startup Enso Security for over $50 million
08.06.23|Meir OrbachThe acquisition provides some good news for Snyk following the laying off of around a quarter of its employees over the past year
Cyber unicorn Snyk sacks another 128 employees, five months after raising almost $200 million
13.04.23|CTechThe Israeli-founded company has laid off over 350 employees since last July, accounting for 25% of its workforce
"In 2023 many high-tech companies will significantly decrease in value"
14.12.22|Meir OrbachAfter the layoffs, local high-tech is preparing for a wave of declines in company valuations, similar to the trend in the U.S. Israeli-American cyber unicorn Snyk revealed its value fell by 12% when it raised $196 million this week
Snyk snags $196.5 million Series G as valuation falls 12% to $7.4 billion
13.12.22|Meir OrbachLess than two months after laying off almost 200 employees, the cybersecurity unicorn closed its latest funding round at a reduced valuation
High-tech layoffs: "We are in the midst of a wave, and the end is nowhere in sight”
26.10.22|Meir OrbachUnder pressure from investors, Israeli companies are preparing for a very long winter: "We must prepare for three years without investments in high-tech"
Cyber unicorn Snyk to sack 198 employees, 14% of workforce
24.10.22|Meir OrbachThe Israeli-founded company raised $530 million at an $8.5 billion valuation last year
Snyk laying off 30 employees less than a year after raising $530 million
03.07.22|Sophie ShulmanThe cybersecurity unicorn announced that it would be making organizational changes despite reaching a valuation of $8.5 billion last year and raising a total of $830 million in 2021
Snyk founder: "Investors told me that it is impossible to set up a cyber company without a branch in Israel”
24.03.22|Omer KabirReferring to the meteoric success of his cyber company that reached an $8.5 billion valuation last year, Guy Podjarny said: "The fundraising and acquisitions are just points in time. Our plan is to build a company that will be here for generations to come"
Unicorn-nation: how Israel became a production line for companies valued at over $1 billion
23.09.21|Sophie ShulmanIsrael has become a unicorn hub, with some local companies nearing $10 billion valuations
Snyk's valuation rockets to $8.5 billion following $300 million funding
09.09.21|CTechThe Tel Aviv-based cybersecurity company has now raised a total of $770 million and almost doubled its valuation since its last funding round six months ago
7 Israeli companies recognized in CNBC’s annual Disruptor list
26.05.21|James SpiroThe companies largely operate in the cyber and healthcare spaces - two areas impacted by Covid-19
Which Israeli startup's valuation soared to $4.7 billion and can Chutzpah save a company?
10.03.21|CTechCTech Daily Roundup: Israeli product manager takes us behind the scenes of developing Instagram Lite
Snyk's valuation soars to $4.7 billion following $300 million series E
10.03.21|CTechThe Tel Aviv-based cybersecurity startup has now raised a total of $470 million, quadrupling its valuation since the beginning of 2020
Israeli startups raise record $1.2 billion in September
01.10.20|Meir Valman, Start-Up Nation Central, a CTech partner The $1.2 billion raised in September is the largest amount raised in a single month, according to data from Start-Up Nation’s Finder database. It was also the first time that more than $1 billion was raised in one month
Which Israeli company recruited Messi and who raised $200 million?
09.09.20|CTechCTech Daily Roundup: How Israelis can tame the Chinese lion: “It’s all a game of interests”

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