What is Synack?
Headquartered in Redwood City, California, Synack operates at the intersection of human intelligence and machine-driven security. By leveraging a private, managed network of highly vetted ethical hackers, the company offers a sophisticated alternative to traditional penetration testing. This approach allows organizations to identify vulnerabilities through the eyes of an attacker, effectively bridging the gap between static security protocols and the dynamic nature of modern cyber threats. As a leader in the crowdsourced security sector, Synack serves as a critical partner for enterprises seeking to bolster their digital resilience against increasingly complex global threats.
How much funding has Synack raised?
Synack has raised a total of $108.8M across 6 funding rounds:
Private Equity
$1.7M
Angel/Seed
$1.5M
Series A
$7.3M
Series B
$25M
Series C
$21.3M
Series D
$52M
Private Equity (2013): $1.7M, investors not publicly disclosed
Angel/Seed (2013): $1.5M led by Kleiner Perkins Caufield & Byers, Greylock Partners, Allegis Capital, and Wing Venture Partners
Series A (2014): $7.3M supported by Allegis Capital, Google Ventures, Kleiner Perkins Caufield & Byers, and Greylock Partners
Series B (2015): $25M featuring Greylock Partners, Kleiner Perkins, GGV Capital, Allegis Capital, Icon Ventures, and Google Ventures
Series C (2017): $21.3M backed by Microsoft Ventures, Hewlett Packard Enterprise, and Singtel Group
Series D (2020): $52M with participation from M12, Intel Capital, Kleiner Perkins, GGV Capital, B Capital Group, Icon Ventures, Singtel Innov8, Hewlett Packard Enterprise Company, Google Ventures, and C5 Capital
Key Investors in Synack
Kleiner Perkins
A Menlo Park-based venture capital firm that invests in early and growth-stage technology companies, providing operational support from seed through IPO.
Google Ventures
A global venture capital firm that invests across multiple stages and sectors, focusing on enterprise solutions and frontier technology innovations.
Allegis Capital
A venture capital firm specializing in early-stage investments within the cybersecurity sector, leveraging deep domain expertise to support innovative startups.
What's next for Synack?
With the backing of major institutional investors, Synack is well-positioned to expand its market footprint and enhance its platform capabilities. The company's focus on integrating AI-driven insights with human expertise suggests a roadmap centered on predictive threat intelligence and automated risk mitigation. As enterprises continue to migrate critical infrastructure to the cloud, Synack's ability to provide scalable, on-demand security will likely remain a key differentiator, enabling the firm to capture a larger share of the enterprise security budget while setting new standards for proactive defense.
See full Synack company page