Enso Security Ltd.

Based in Israel, Enso Security Ltd. specializes in application security solutions that enhance the software development lifecycle by providing automated security tools for developers and security teams. Enso Security Ltd. was founded in 2020 in Tel Aviv, Israel.

The company operates in the realm of software security, delivering solutions that help organizations manage risks associated with their software development processes. The founders, Barak Tawily, Chen G, and Roy Erlich, have experience in leading security initiatives. In June 2023, Enso Security Ltd. was acquired by Snyk Limited for approximately USD 50 mn, which allows Snyk to enhance its platform capabilities.

Enso Security has completed a total of 3 funding deals to date, having raised a total of USD 6. 00 mn. Enso Security provides a suite of security tools designed to fortify application security throughout the software development lifecycle (SDLC). Key offerings include tools that automate security checks in Snyk Code, Snyk Open Source for managing dependencies, Snyk Container for securing container images, and Snyk Infrastructure as Code (IaC) which identifies misconfigurations in cloud setups.

These products are aimed at technology, finance, and e-commerce sectors, offering solutions that integrate security seamlessly into development workflows. Enso Security operates under a subscription-based revenue model. Customers can choose from various pricing plans, including options tailored for enterprises that require advanced features and comprehensive support. The subscription structure is designed to accommodate the needs of diverse clients, particularly those emphasizing proactive security measures in their development processes.

In the wake of its recent acquisition by Snyk Limited on June 7, 2023, for approximately USD 50 mn, Enso Security is poised for significant growth. The acquisition will enable Snyk to further develop and enhance its security platform, potentially leading to the launch of new products aimed at addressing evolving security challenges. Snyk plans to leverage this acquisition to strengthen its market presence across North America, Europe, and Asia, focusing on expanding service offerings and enhancing customer engagement in these regions.