Radware acquires 15-employee API security startup Pynt in deal valued at tens of millions
The transaction reflects rising demand for continuous security testing in API-first systems.
Radware announced the acquisition of Pynt, an Israeli API security startup employing around 15 people in Israel. Market estimates value the deal at tens of millions of dollars, underscoring the growing momentum in API security as the rapid rise of APIs and AI has turned the API layer into one of the most critical battlegrounds in cybersecurity.
Pynt was founded in Israel in 2022 by Tzvika Shneider (CEO), Ori Goldberg (CTO), Golan Yosef (CSO), and Ofer Hakimi (CPO). The founding team brought deep engineering and security expertise, building a product that achieved global market adoption in a relatively short time. Shneider led the company from its early stages through the acquisition.
The company developed an API security testing platform designed to help organizations identify vulnerabilities and reduce risk throughout development and deployment. Its relevance has grown as an increasing share of sensitive business processes, data flows, and permissions is now handled through APIs.
Industry observers note that the shift toward API-first architectures, combined with the rise of AI systems and autonomous agents that operate at scale through APIs, has dramatically expanded the attack surface. As a result, enterprises are placing greater emphasis on tools that can uncover security gaps early and embed security validation as a continuous part of modern software delivery.
According to publicly available information, Pynt raised approximately $6 million to date. Its seed round was led by Joule Ventures, with participation from Dallas VC and Honeystone, alongside a group of angel investors that included Abhinav Asthana, co-founder and CEO of Postman, Tamir Carmel, Boaz Halmish, Amos Stern, Noam Lanir, and Cyber Club London.
Following the transaction, Pynt’s founders and core employees will continue at Radware. The move strengthens Radware’s Israeli presence and reflects a broader trend in which established public companies expand their portfolios by acquiring focused local innovation while retaining the teams behind it.
Radware is traded on Nasdaq with a market cap of almost $1.1 billion.
“API security cannot stop at the code or start only in production,” said Haim Zelikovsky, vice president, cloud security business at Radware. “With Pynt, we close the gap between shift-left and shift-right strategies, helping customers focus on real API security risk, reduce noise, and protect business-critical APIs with a single, integrated platform.”
“Becoming part of Radware provides our team with the resources and platform to further develop our vision for modern API security testing while integrating it with industry-leading runtime protection and threat intelligence,” said Tzvika Shneider, CEO and co-founder of Pynt. “Radware’s technology, scale, and commitment to API security make it a great home for our team and our ideas, and together we can deliver far more value to customers.”
