Snyk’s AI-Native SAST Product Passes $100M in ARR

Snyk’s AI-Native SAST Product Passes $100M in ARR

  • Snyk Code is a security tool designed to enhance code security while maintaining a developer-friendly experience.


  • It allows developers to scan their source code quickly, providing immediate feedback and remediation advice without the need for lengthy SAST (Static Application Security Testing) reports.


  • The growth of Snyk Code is attributed to increased demand from enterprise clients, with a reported over 40% year-over-year increase in ARR from this segment. In the second quarter of 2024, more than 70% of new net additions came from enterprise customers.

Oct 3, 2024

source

Notify me when new products and ARR signals are added. Sign up. It's free.