Company:Synack

From HandWiki
Synack, Inc.
TypePrivate
IndustrySecurity
Founded2013 in California
FoundersJay Kaplan, Mark Kuhr
Headquarters
Redwood City, California
,
Key people
Jay Kaplan (CEO)
ProductsSecurity assessment
Number of employees
250 (2020)
Websitesynack.com

Synack is an American technology company based in Redwood City, California, United States.[1][2][3] The company uses a software-as-a-service platform to connect customers with freelance security researchers who conduct penetration testing to identify vulnerabilities.[4]

Overview

Established in 2013 by former NSA agents Jay Kaplan and Mark Kuhr, Synack retains a network of security analysts, or white-hat hackers, in over 80 countries to identify software security issues, including flaws in generative artificial intelligence systems.[5][6][7][8] The company calls its approach “Penetration Testing as a Service,” a model similar to running bug bounty programs with added platform-based features like control of testing traffic.[9][10][11]

Synack customers include the Department of Health and Human Services, the United States Department of Defense, other government agencies and businesses in retail, finance, healthcare and manufacturing.[4][12][13] The company has also conducted security testing on military hardware, isolated networks in the Pentagon and U.S. election systems ahead of the presidential votes in 2020 and 2024.[14][15][16][17]

Funding

Synack is funded by 21 investors. In April 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][18] In February 2015, the company raised US$25 million in Series B funding.[1][19]

In April 2017, it raised $21M from Microsoft Ventures, Hewlett Packard Enterprise, and Singtel and prior investors.[6][8][20]

In May 2020, Synack announced it had raised $52M from investors led by C5 Capital and B Capital Group.[21]

See also

References

  1. 1.0 1.1 1.2 Vinton, Kate (February 19, 2015). "Synack Raises $25 Million In Series B Funding To Crowdsource Security Globally". Forbes. https://www.forbes.com/sites/katevinton/2015/02/19/security-startup-synack-raises-25-million-in-series-b-funding-to-crowdsource-security-globally/#72a45ac37d40. 
  2. Kirk, Jeremy (October 21, 2015). "Synack builds intel platform for its penetration testers". PCWorld. http://www.pcworld.com/article/2996176/synack-builds-intel-platform-for-its-penetration-testers.html. 
  3. 3.0 3.1 Lev-Ram, Michal (April 24, 2014). "For crowdsourced security startup, a carrot and a hack". Fortune. http://fortune.com/2014/04/24/for-crowdsourced-security-startup-a-carrot-and-a-hack/. 
  4. 4.0 4.1 Hackett, Robert. "Bug bounty startup Synack valued at $500 million to boost 'white hat' hacking from home" (in en). https://fortune.com/2020/05/28/bug-bounty-synack-500-million-value-hack-home/. 
  5. "Alarma ante la escalada de ataques con «deepfake» El cibercrimen ya supone 8,5 billones de dólares. Si fuera un país sería la tercera potencia" (in es). 2024-05-03. https://www.larazon.es/medio-ambiente/alarma-escalada-ataques-deepfake-cibercrimen-supone-85-billones-dolares-fuera-pais-seria-tercera-potencia_202405036634c812c0b95c0001dc330e.html. 
  6. 6.0 6.1 Miller, Ron (April 11, 2017). "Security startup Synack scores $21M investment from Microsoft, HPE and Singtel". TechCrunch. https://techcrunch.com/2017/04/11/security-startup-synack-scores-21-m-investment-from-microsoft-hpe-and-singtel/. 
  7. Yadron, Danny (2015-02-19). "Startup Takes Aim at Computer-Security Holes". Wall Street Journal. https://www.wsj.com/articles/startup-takes-aim-at-computer-security-holes-1424381261. 
  8. 8.0 8.1 Larson, Selena. "Why the Pentagon wants people to hack it". CNNMoney. https://money.cnn.com/2017/04/11/technology/hack-the-pentagon-synack-bug-bounty/index.html. 
  9. Pogorelec, Anamarija (2024-08-02). "New infosec products of the week: August 2, 2024" (in en-US). https://www.helpnetsecurity.com/2024/08/02/new-infosec-products-of-the-week-august-2-2024/. 
  10. "Bug bounty programs can deliver significant benefits, but only if you're ready" (in en). https://www.csoonline.com/article/3619804/bug-bounty-programs-can-deliver-significant-benefits-but-only-if-youre-ready.html. 
  11. "Synack Penetration Testing as a Service (PTaaS)". https://www.synack.com/platform/penetration-testing-as-a-service/. 
  12. "Hack the pentagon". https://www.usds.gov/projects/hack-the-pentagon. 
  13. Cordell, Carten (October 24, 2018). "DOD expands Hack the Pentagon program to cover hardware, systems". www.fedscoop.com. https://www.fedscoop.com/dod-expands-hack-pentagon-program-cover-hardware-systems/. 
  14. Staff (June 8, 2020). "DARPA Announces First Bug Bounty Program to Hack SSITH Hardware Defenses". www.darpa.mil. https://www.darpa.mil/news-events/2020-06-08a. 
  15. Hatmaker, Taylor (June 6, 2018). "Synack is the latest cybersecurity company to offer state elections its services for free". TechCrunch. https://techcrunch.com/2018/06/06/synack-election-security-states/. 
  16. Billal, Rahman (2024-09-25). "Army of 'Ethical Hackers' Defends Election Voting Systems Against Russia". Newsweek. https://www.newsweek.com/army-hackers-2024-election-voting-russia-1958550. 
  17. Freed, Benjamin (28 July 2020). "Colorado official details plans for penetration testing of election systems" (in en). https://statescoop.com/colorado-official-details-plans-for-penetration-testing-of-election-systems/. 
  18. "Security testing platform Synack raises $7.5M". VatorNews. 2014-04-24. http://vator.tv/news/2014-04-24-security-testing-platform-synack-raises-75m. 
  19. "Why the hackers at Synack need $25M to hunt down major security flaws | VentureBeat" (in en-US). 22 February 2015. https://venturebeat.com/2015/02/22/why-the-hackers-at-synack-need-25m-to-hunt-down-major-security-flaws/. 
  20. Liam Tung. "Ex-NSA bug bounty startup Synack lands $21m, eyes Australia for growth". IDG Australia. https://www.cso.com.au/article/617536/ex-nsa-bug-bounty-startup-synack-lands-21m-eyes-australia-growth/. 
  21. Arghire, Ionut (2020-05-28). "Crowdsourced Security Testing Firm Synack Raises $52 Million" (in en-US). https://www.securityweek.com/crowdsourced-security-testing-firm-synack-raises-52-million/.