Microsoft, HPE and Singtel Support Synack with $21M Investment

Microsoft, HPE and Singtel Support Synack with $21M Investment


Synack, a startup security firm that combines software security tools and a network of white-hat hackers with hopes of helping its customers stay secure just announced that it received a whopping $21.25 million funding today, and that’s obviously one of the best startup news around.

The Series C funding round was led by Microsoft Ventures while Hewlett-Packard Enterprise and Singtel Innov8 were also there to lend support. Other early investors like GGV capital, Google ventures and Kleiner Perkins Caufield & Byers were some other star participants.

The investment the startup has raised would have clocked $55 million, and it’s just so hard to notice that this investment is one very impressive combination of company and traditional venture capital attention which could have come as a result of Synack’s taking an unusual approach to enterprise security.

The company has always found it better to go on offense rather than defense, and having previously worked for the NSA prior to starting the firm in 2013, the CTO and his co-founder CEO, Mark Kuhr and Jay Kaplan might have a good idea of what it takes and what is needed to be on the offense.

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