Technology Executive Council

Snyk: 2022 Top Startups for the Enterprise

CNBC's first-ever Top Startups for the Enterprise list

Founders: Guy Podjarny
CEO: Peter McKay
Launched: 2015
Headquarters: Boston
Funding: $850 million
Valuation: $8.6 billion
Key technologies:
 Cloud computing
Category: 
Cybersecurity

Snyk CEO Peter McKay
Snyk

As more companies write their own code to power digital operations, they need to bolster and modernize their online security. Snyk offers open-source software that allows a company to identify vulnerabilities throughout the development process, rather than outsourcing the work to a separate firm, and embed security in the code-writing process as it is taking place. It's a "cloud-native" technology, engineered by Snyk to speed up production and help enterprises prevent future security issues. Developers at AWS, Google, Atlassian, Comcast, Twilio, CVS, Overstock, Manulife and Revolut are among the millions in DevOps across sectors of the economy that are using Snyk. Investors include venture arms of Atlassian and Salesforce, Tiger Global, Baillie Gifford, T. Rowe Price, Accel, BlackRock, Franklin Templeton, Geodesic Capital and Temasek.

The 2022 Top Startups for the Enterprise list is powered and inspired by the members of CNBC's Technology Executive Council (TEC). Learn more about CNBC Councils.