Snyk To Acquire Application Data Capture Startup

Acquisitions

Summary

The addition of technology developed by the startup, Helios, will bolster Snyk’s capabilities around correlating code security scans with signals from runtime apps, the company said. In a news release, Snyk called the acquisition a “milestone” in the advancement of its application security posture management (ASPM) offering. Capabilities from Helios will enable Snyk to offer comprehensive visibility across an app environment, more effective prioritization of risk, and collection of “full-stack” runtime data, the company said in the release. In a previous interview, Snyk CEO Peter McKay told CRN that the expansion into ASPM has helped the company deliver greater visibility to application security teams, not just developers. So we were able to bring both of those together.” McKay added that the moves are helping to enable Snyk to make a bigger push with channel partners than the $7.4 billion company has previously.

Classifications

industries
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applications
Data Management

AskAI Classifications

Labels
SaaS Application Security Developer Tools

Linked Companies

Snyk
$250M to $500M