Snyk, a Boston, Massachusetts-based developer security company, acquired Helios, a Tel Aviv, Israel-baserd leader in capturing application runtime data.
The amount of the deal was not disclosed.
The acquisition will enable Snyk to further enhance its cloud-to-code risk visibility solutions, accelerating the evolution of Snyk AppRisk and allowing enterprise security teams to manage their global application security programs at scale. The company will now combine Helios’ full-stack runtime data collection and insights with its developer security platform to provide customers with a comprehensive picture of their applications, spanning the entire software development lifecycle.
Led by Eli Cohen, Co-Founder and CEO, Helios is an applied observability platform that produces actionable security and monitoring insights. We apply our deep runtime data collection capabilities to help Sec, Dev, and Ops teams understand the actual application risk posture, prioritize vulnerabilities, shorten troubleshooting time, and reduce MTTR. It is alumni of Intel Ignite’s deep tech startup accelerator program.
Led by Peter McKay, CEO, Snyk is a security company that empowers developers to build secure applications and equip security teams to meet the demands of the digital world. Its developer-first approach ensures organizations can secure all of the critical components of their applications from code to cloud, leading to increased developer productivity, revenue growth, customer satisfaction, cost savings and an overall improved security posture. The Developer Security Platform automatically integrates with a developer’s workflow and is purpose-built for security teams to collaborate with their development teams. Snyk is used by 2,500+ customers worldwide today, including industry leaders such as Asurion, Google, Intuit, MongoDB, New Relic, Revolut and Salesforce.
FinSMEs
16/01/2024