Synack: Hackers wanted after firm gets $21.25M funding from Microsoft, HPE

Synack: Hackers wanted after firm gets $21.25M funding from Microsoft, HPE

$21.25 million round of funding from Microsoft, HPE, SingTel will go to hire more security pros, expand territory

Penetration testing provider Synack is getting an infusion of $21.25 million from the investment arms of Microsoft and HP, among others, and some of it will be used to hire more security analysts to fuel what it calls its hacker-powered intelligence platform.

The investment is the Series C round of funding and is led by Microsoft Ventures, but also includes Hewlett Packard Enterprise and Singtel Innov8 to bring total investment in the company to $55 million.

+More on Network World: 6 vulnerabilities to watch for on the factory floor+

Synack’s business includes a vulnerability intelligence platform that automates the discovery of exploitable vulnerabilities and turns them over to the company’s hackers – analysts who determine what risk the vulnerability presents to customers. They can then advise on how to remediate problems and which ones to attack first.

The money will be used to develop the Synack Platform and push it further into U.S. and European markets as well as open up business in Asia-Pacific.

With the investment, Microsoft gets a seat on Synack’s board, as does Proofpoint CEO Gary Steele.

Previous investors GGV Capital, GV (formerly Google Ventures) and Kleiner Perkins Caufield & Byers contributed to the latest funding.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags MicrosoftHP



Join key decision-makers within Environmental, Social, and Governance (ESG) that have the power to affect real change and drive sustainable practices. SustainTech will bridge the gap between ambition and tangible action, promoting strategies that attendees can use in their day-to-day operations within their business.

EDGE 2023

EDGE is the leading technology conference for business leaders in Australia and New Zealand, built on the foundations of collaboration, education and advancement.


ARN has celebrated gender diversity and recognised female excellence across the Australian tech channel since first launching WIICTA in 2012, acknowledging the achievements of a talented group of female front runners who have become influential figures across the local industry.

ARN Innovation Awards 2023

Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.

Brand Post

Show Comments