Snyk was founded in 2015 by
Guy Podjarny (
Hebrew: גיא פודחרני), Assaf Hefetz (אסף חפץ), and
Danny Grander, (דני גרנדר) Podjarny started as
CEO. In July 2019, Peter McKay, one of the first investors, succeeded him, while Podjarny became president and chairman of the
Board of Directors. In 2022, the company had approximately 1,400 employees. which provided what became Snyk Code, a product for
static application security testing. Snyk Code is a
cloud-based, AI-powered
code review platform that checks, tests, and debugs code. It uses
machine learning to check for mistakes in code. The platform currently supports Apex,
C#,
C/
C++,
Go,
Java,
JavaScript,
Kotlin,
PHP,
Python,
Ruby,
Scala,
Swift,
TypeScript, and
Visual Basic (.NET). • Manifold (Jan-2021), which was focused on
software asset management. • FossID (May-2021), which provided vulnerability scanning in C/C++ applications and the capability to identify pieces of code copied from the internet, e.g., from
Stackoverflow, which could contain vulnerabilities. FossID was reacquired by the founders in September 2022 and is refocused on its core principles. • CloudSkiff (Oct-2021), which was known for its
open-source tool for
drift detection (detection of changes in the outside environment which may invalidate software infrastructure configuration, database setup, etc.). • Fugue (Feb-2022), which provided cloud security posture management (CSPM) solutions. • Probely (Nov-2024), a start-up based in
Porto, Portugal, focused on
dynamic application security testing (DAST). • Invariant Labs (Jun-2025), an AI security research firm, early pioneer in developing safeguards against emerging AI threats
Financing In 2016, the company initially raised $3 million. In March 2018, its
Series A funding was $7 million. In late 2019, it raised $70 million and a further $150 million in January 2020. This came six months after a valuation of $4.7 billion.
Qatar Investment Authority led the next funding round in December 2022, with Snyk raising close to $200 million. In December 2021,
Bloomberg reported that Snyk was preparing for an
IPO in 2022. In January 2023,
ServiceNow Inc. invested $25 million in Snyk. ==Products==