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Synack

In the contemporary world, Synack plays a fundamental role in today's society. Whether on a personal, social, political or economic level, Synack has acquired undeniable relevance in our lives. From its origins to the present, Synack has been the subject of debate, analysis and reflection in various areas, generating opinion and controversy. In this article, we will delve into the impact and importance of Synack in the current context, exploring its implications and opening the debate on its relevance in contemporary society.

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For SYN-ACK, see Transmission Control Protocol.
Synack, Inc.
Company typePrivate
IndustrySecurity
Founded2013 in California
FoundersJay Kaplan, Mark Kuhr
Headquarters
Redwood City, California
,
United States
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. ^ a b c 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. ^ a b Lev-Ram, Michal (April 24, 2014). "For crowdsourced security startup, a carrot and a hack". Fortune. Retrieved April 30, 2017.
  4. ^ a b Hackett, Robert. "Bug bounty startup Synack valued at $500 million to boost 'white hat' hacking from home". Fortune. Retrieved 2025-03-03.
  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". La Razón (in Spanish). 2024-05-03. Retrieved 2025-03-03.
  6. ^ a b Miller, Ron (April 11, 2017). "Security startup Synack scores $21M investment from Microsoft, HPE and Singtel". TechCrunch. Retrieved April 30, 2017.
  7. ^ Yadron, Danny (2015-02-19). "Startup Takes Aim at Computer-Security Holes". Wall Street Journal. Retrieved December 10, 2017.
  8. ^ a b Larson, Selena. "Why the Pentagon wants people to hack it". CNNMoney. Retrieved December 10, 2017.
  9. ^ Pogorelec, Anamarija (2024-08-02). "New infosec products of the week: August 2, 2024". Help Net Security. Retrieved 2025-03-03.
  10. ^ "Bug bounty programs can deliver significant benefits, but only if you're ready". CSO Online. Retrieved 2025-03-03.
  11. ^ "Synack Penetration Testing as a Service (PTaaS)". Synack.com. Retrieved 2025-03-03.
  12. ^ "Hack the pentagon". U.S. Digital Service.
  13. ^ Cordell, Carten (October 24, 2018). "DOD expands Hack the Pentagon program to cover hardware, systems". www.fedscoop.com.
  14. ^ Staff (June 8, 2020). "DARPA Announces First Bug Bounty Program to Hack SSITH Hardware Defenses". www.darpa.mil.
  15. ^ Hatmaker, Taylor (June 6, 2018). "Synack is the latest cybersecurity company to offer state elections its services for free". TechCrunch.
  16. ^ Billal, Rahman (2024-09-25). "Army of 'Ethical Hackers' Defends Election Voting Systems Against Russia". Newsweek. Retrieved 2025-03-03.
  17. ^ Freed, Benjamin (28 July 2020). "Colorado official details plans for penetration testing of election systems". StateScoop.
  18. ^ "Security testing platform Synack raises $7.5M". VatorNews. 2014-04-24. Retrieved December 10, 2017.
  19. ^ "Why the hackers at Synack need $25M to hunt down major security flaws | VentureBeat". venturebeat.com. 22 February 2015. Retrieved 2017-12-10.
  20. ^ Liam Tung. "Ex-NSA bug bounty startup Synack lands $21m, eyes Australia for growth". CSO Australia. IDG Australia. Retrieved December 10, 2017.
  21. ^ Arghire, Ionut (2020-05-28). "Crowdsourced Security Testing Firm Synack Raises $52 Million". SecurityWeek. Retrieved 2025-03-03.
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