Application Security , Next-Generation Technologies & Secure Development , Video

Snyk CEO Peter McKay on Making Defense Easier for Developers

Why Open-Source, Container, Code and Cloud Security Should Be in One Pane of Glass
Peter McKay, CEO, Snyk (Image: Snyk)

The nearly $200 million it raised in December will allow Snyk to consolidate the developer security market through organic investment and acquisitions, says CEO Peter McKay.

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Snyk has focused on giving clients a 360-degree view of applications by integrating open-source security, container security, infrastructure-as-code security and cloud security together, he says. The company's buy of Fugue in February has helped developers address issues in a single pane of glass, while TopCoat's analytics engine gives developers and security teams access to critical information in dashboard reports (see: Snyk Raises $196.5M Weeks After Laying Off 14% of Workforce).

"We think developer security still remains highly fragmented," McKay says. "It's a space where we've made six acquisitions over the past two and a half years, and we see an opportunity for us to continue to aggressively build that road map organically, which we've done a lot, and inorganically, which we'll increasingly do. It's a huge opportunity for us to really take advantage of this market headwind."

In this video interview with Information Security Media Group, McKay also discusses:

McKay has led Snyk since June 2019. Prior to that, he spent two and a half years as co-CEO and president of backup and data management platform Veeam. Before that, McKay spent three and a half years leading desktop-as-a-service company Desktone and spearheading its acquisition by VMware, where he ran the virtualization giant's $3.7 billion Americas business. Prior to joining Desktone, McKay spent nearly eight years leading web application security vendor Watchfire, which was acquired by IBM in June 2007.

About the Author

Michael Novinson

Michael Novinson

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. He was recognized for his breaking news coverage of the August 2019 coordinated ransomware attack against local governments in Texas as well as for his continued reporting around the SolarWinds hack in late 2020 and early 2021.

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