Synack

Synack is an American technology company based in Redwood City, California.[1][2][3] Synack’s business includes a vulnerability intelligence platform that automates the discovery of exploitable vulnerabilities for reconnaissance and turns them over to the company’s freelance hackers to create vulnerability reports for clients.[4]

For SYN-ACK, see Transmission Control Protocol.
Synack, Inc.
Private
IndustrySecurity
Founded2013 in California
FoundersJay Kaplan, Mark Kuhr
Headquarters
Redwood City, California
,
United States
Key people
Jay Kaplan (CEO)
ProductsSecurity assessment
Number of employees
100 (2017)
Websitesynack.com

Overview

Synack was founded in 2013 by former NSA agents Jay Kaplan and Mark Kuhr. Synack uses a network of freelance security analysts, or hackers, in over 50 countries to check vulnerability and security problems.[2][3][5][6][7]

Synack has also developed Hydra, a platform built to spot vulnerabilities and look for out-of-date software for clients. The first form of Hydra went live on October 21, 2015.[2]

Funding

On April 24, 2014, the company announced it had secured Series A funding from Kleiner Perkins Caufield Byers, Google Ventures, Allegis Capital, and Derek Smith of Shape Security.[1][3][8]

In February 2015, the company raised $25 million in Series B funding.[1][9]

On April 11, 2017, it was reported that Synack had raised $21 million from Microsoft Ventures, Hewlett Packard Enterprise, and Singtel. Prior investors such as GGV Capital, GV, and Kleiner Perkins Caufield Byers also took part in the funding round, bringing the total money raised by the company to $55 million since its founding.[5][7][10]

Achievements

By April 11, 2017, the company had 100 employees as well as a growing network of freelance hackers.[2][5]

CNBC named Synack a "CNBC Disruptor" company three times in a row, from 2015 to 2017.[11][12][13]

See also

References
  1. Vinton, Kate (February 19, 2015). "Synack Raises $25 Million In Series B Funding To Crowdsource Security Globally". Forbes. Retrieved April 30, 2017.
  2. Kirk, Jeremy (October 21, 2015). "Synack builds intel platform for its penetration testers". PCWorld. Retrieved April 30, 2017.
  3. Lev-Ram, Michal (April 24, 2014). "For crowdsourced security startup, a carrot and a hack". Fortune. Retrieved April 30, 2017.
  4. Kuchler, Hannah (April 11, 2017). "Hacker-for-hire company Synack raises $21m". Financial Times. Retrieved April 30, 2017.
  5. Miller, Ron (April 11, 2017). "Security startup Synack scores $21M investment from Microsoft, HPE and Singtel". TechCrunch. Retrieved April 30, 2017.
  6. Yadron, Danny (2015-02-19). "Startup Takes Aim at Computer-Security Holes". Wall Street Journal. Retrieved December 10, 2017.
  7. Larson, Selena. "Why the Pentagon wants people to hack it". CNNMoney. Retrieved December 10, 2017.
  8. "Security testing platform Synack raises $7.5M". VatorNews. 2014-04-24. Retrieved December 10, 2017.
  9. "Why the hackers at Synack need $25M to hunt down major security flaws | VentureBeat". venturebeat.com. Retrieved 2017-12-10.
  10. Liam Tung. "Ex-NSA bug bounty startup Synack lands $21m, eyes Australia for growth". CSO Australia. IDG Australia. Retrieved December 10, 2017.
  11. "Meet the 2015 CNBC Disruptor 50 companies". CNBC. May 12, 2015. Retrieved December 10, 2017.
  12. "Meet the 2016 CNBC Disruptor 50 companies". CNBC. May 7, 2016. Retrieved December 10, 2017.
  13. "Meet the 2017 CNBC Disruptor 50 companies". CNBC. May 16, 2017. Retrieved December 10, 2017.
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