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Snyk has strengthened its application security platform through the acquisition of Helios.

Writer's picture: RISHI KORDERISHI KORDE

Today, Snyk, a well-funded security company with a focus on developers, announced the acquisition of Helios, a Tel Aviv-based startup specializing in helping developers troubleshoot and understand their microservices in production. Snyk plans to leverage Helios to strengthen its recently launched AppRisk service, enhancing its application security offerings both during the build phase and while applications are running in production.


Helios had previously raised a $5 million seed round in 2022, co-led by Entrée Capital and Amiti VC, but did not secure additional funding afterward. The acquisition price was not disclosed. This marks Snyk's second acquisition in this domain, following the purchase of Enso Security in June 2023. The trend of larger players acquiring point solutions aligns with a broader industry pattern of enterprises consolidating expenses.

Helios founders Eli Cohen and Ran Nozik expressed in the announcement that the acquisition reflects a shared vision and compatibility between Helios and Snyk. Snyk plans to integrate Helios' end-to-end application discovery service and OpenTelemetry-based run-time data collection tools into its AppRisk features.

Peter McKay, CEO of Snyk, emphasized the need to address security concerns amid the rapid pace and complexity of software development. The acquisition aligns with Snyk's vision of advancing the market with its Application Security Posture Management (ASPM) and improved solutions.


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