The Israeli cyber company Snyk is preparing for an initial public offering

Posted on Jan 1, 2022 by Ifi Reporter - Dan Bielski

The Israeli cyber company Snyk is preparing for an initial public offering (IPO), which may take place as early as next year (2022), according to the Bloomberg website. The company is expected to focus on a market value higher than its most recent value of $ 8.6 billion as of September
According to the report, the Boston-based company has been talking to banks in recent weeks and is aiming to register as early as mid-2022, according to unknown people who spoke with Bloomberg. However, the same sources stressed that Scenic's plans are not final and the details may still change.
Snyk's platform helps software developers integrate cyber security into their existing workflows, with the goal of tackling increasingly sophisticated attacks. The company was founded in 2015 by the 8200 group of Assaf Hefetz, Danny Grander and Guy Podharni. The report today is not surprising as Scenic CEO Peter McKay said in an interview with the network in March 2021 that the company's goal is to go public over the next few years.
Against the background of the outbreak of the corona, the field of cyber security, became one of the hottest sectors in the capital market. Only from the Israeli angle can we note the initial issue of Sentinel One - 3.56%, which was embraced by the investors on Wall Street who swept the stock to a rise of close to 50%. Alongside this, the veteran Palo Alto -0.83% recorded a significant milestone, with its entry into the prestigious Nasdaq 100 index thanks to its successful year in the market.


ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Ituran Becomes Main Sponsor of M.K. Otef Darom Basketball Club

Oct 6, 2025 by Ifi Reporter - Dan Bielski

Ituran announced the signing of an agreement to become the primary sponsor of the M.K. Otef Darom basketball club, a professional team based in the Gaza Envelope near Kibbutz Magen. Under the sponsorship deal, the Ituran logo will feature prominently on the team’s home and... Continue reading →

Hadas Water Marks New Year with Strategic Product Launches

Oct 2, 2025 by Ifi Reporter - Dan Bielski

About 90 employees of Hadas Water (HDS) gathered at the company’s headquarters in Rishon LeZion to mark the new year with a traditional toast and forward-looking announcements. CEO Udi Simeni outlined the company’s roadmap for 2026, highlighting what he described as a... Continue reading →


Testimonials

No testimonials. Click here to add your testimonials.