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Snyk , thewell - fundeddeveloper - pore security companionship , todayannouncedthat it has acquiredHelios , a Tel Aviv - base inauguration that helps developers troubleshoot and understand their microservices in production . Snyk will use Helios to bolster itsrecentlylaunchedAppRisk service , its program protection play , and to allow for them with a better overall security service both at flesh time and while carry in production .
Back in 2022 , Helios raised a $ 5 million germ round that was co - result by Entrée Capital and Amiti VC . The party did n’t raise any extra funding after that . The two company did not partake in the price of today ’s acquisition .
This is Snyk ’s second accomplishment in this space after the troupe also acquiredEnso Securityback in June 2023 . Today ’s acquirement is also a continuation of a more general trend we ’ve been understand where some of the larger instrumentalist with more comprehensive offering are presently picking up point solutions ( often at a substantial discount ) , as enterprises look to boil down and consolidate their disbursement .
“ With the tailwind of our supportive investors and the adaptability and dedication of our amazing team , we elaborate our offering to the security demesne , ” Helios founder Eli Cohen and Ran Nozik write in today ’s announcement . “ We started pursuing partnership with various AppSec players to speed our GTM drive . We soon realized that Helios and Snyk share a reciprocal vision and desoxyribonucleic acid and that this is a classic “ secure together ” story .
Snyk will integrate into AppRisk features like Helios ’ end - to - last practical program uncovering armed service and its OpenTelemetry - based tend - prison term data point aggregation tools .
“ As the pace and complexness of software package exploitation continue to chop-chop increase , we ’ve seen our global customers reap tremendous productivity gains , but often at the cost of increased endangerment and critical security department concerns , ” said Peter McKay , CEO , Snyk . “ This acquisition was executed with those valid worry top of creative thinker . We ’re unrestrained to receive the Helios squad and look frontward to continuing to push the market forward with our ASPM sight and enhanced solution . ”
