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Check Point raises $1.75 billion, potentially eyeing AI expansion

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Snyk

20 stories about Snyk

Snyk’s growth slows sharply in 2024, hits $278 million in revenue

12.08.25|CTech

Filings show revenue up by 26% from 2023, with operating loss standing at more than $188 million.

The $250+ million ARR club: Israel’s most lucrative tech startups

28.07.25|Sophie Shulman, Meir Orbach

Forget flashy valuations, these companies are winning where it counts: revenue and resilience.

Cyber unicorn Snyk targets AI era with major platform launch: “We’re not threatened by niche startups”

28.05.25|Meir Orbach

Snyk has unveiled tools to secure AI-driven code as insecure code generation reaches 48%, according to a Georgetown University study.

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|CTech

The 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 Orbach

The 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 Sinai

The 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 Shulman

Former 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 Orbach

The 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|CTech

The 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 Orbach

After 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

מימין אמנון שעשוע ממייסדי אורקם פיטר מקאי מנכ”ל Snyk ו גיא פודחרני ממייסדי החברה

Snyk snags $196.5 million Series G as valuation falls 12% to $7.4 billion

13.12.22|Meir Orbach

Less 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 Orbach

Under pressure from investors, Israeli companies are preparing for a very long winter: "We must prepare for three years without investments in high-tech"

מייסדי Snyk סניק אסף חפץ דני גרנדר ו גיא פודחרני

Cyber unicorn Snyk to sack 198 employees, 14% of workforce

24.10.22|Meir Orbach

The 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 Shulman

The 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

ועידת Mind The Tech סופי שולמן גיא פודחרני ו אנדרי בראזובנו

Snyk founder: "Investors told me that it is impossible to set up a cyber company without a branch in Israel”

24.03.22|Omer Kabir

Referring 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 Shulman

Israel 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|CTech

The 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 Spiro

The 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|CTech

CTech Daily Roundup: Israeli product manager takes us behind the scenes of developing Instagram Lite