In a significant move for the application security (AppSec) domain, Snyk, a market leader in providing developer-first security solutions, has announced the acquisition of Helios, an adept in supplying runtime insights within application security infrastructure. This strategic acquisition marks Snyk’s enhancement of their existing security platform by effectively incorporating Helios’ real-time application monitoring capabilities. As a result, Snyk emerges as a formidable contender and the very first substantial entity to integrate such runtime insights seamlessly into its operating framework. The move signals an evolution of comprehensive security measures for Application Security, acknowledging the growing demand for end-to-end visibility and control. Snyk’s enhanced platform, strengthened by Helios’ technology, is expected to provide clients unsurpassed insight into application vulnerabilities and performance issues, thereby enabling more effective and proactive security management. This acquisition also signifies a forward stride for Entrée Capital, the PE firm that has been backing Snyk, solidifying its stake in the realm of cybersecurity. The integration of Helios’s sophisticated technology affirms Snyk’s commitment to pioneering the integration of real-time insights into the developer-oriented security sector, a niche that’s rapidly gaining prominence amidst evolving cyber threats.
Cybersecurity, Private Equity, Software and Services,Global
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