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Sysdig Valuation, Funding & Investors
Sysdig is valued at $2.5B as of December 2021.
Last Sysdig valuation
$2.5B
Series G · Dec 2021
Last Sysdig funding round
$350M
Series G · Dec 2021
Cumulative funding Sysdig raised
$730M
across 8 funding rounds
Key investors in Sysdig
Accel
Bain Capital Ventures
Insight Partners
Goldman Sachs
Glynn Capital Management
N47
About Sysdig
Sysdig is a San Francisco-headquartered cloud security company founded in 2013, providing runtime protection for containers and Kubernetes using open-source Falco. The platform monitors workloads across AWS, Azure, and Google Cloud, detecting threats via behavioral analysis and integrating with SIEM tools. Sysdig serves enterprises like Barclays and Lufthansa, with over 800 employees globally.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$2.5B (Dec 2021)
Sysdig Valuation
Sysdig is currently valued at $2.5B, based on its Series G in December 2021.
The $350M round was led by Permira, with participation from N47, Guggenheim Partners, Premji Invest, Goldman Sachs, DFJ Growth and 5 other investors.
Sysdig's valuation has grown 2.1x from $1.2B at its Series F in April 2021 to $2.5B in December 2021, across 2 priced rounds.
Sysdig valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Dec 2021 | Series G | $2.5B |
| Apr 2021 | Series F | $1.2B |
Sysdig Funding History
Sysdig has raised a total of $730M across 8 funding rounds.
Sysdig's first fundraising round was a $2M seed round in June 2013. The most recent completed round was a $350M Series G in December 2021.
Sysdig funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Dec 2021 | Series G | Permira (lead); N47; Guggenheim Partners; Premji Invest; Goldman Sachs; DFJ Growth; Bain Capital Ventures; Insight Partners; Glynn Capital Management; Accel; Third Point Ventures | $350M | $2.5B | Sysdig, a San Francisco-based leader in unified container and cloud security, raised $350 million in a Series G funding round on December 15, 2021, led by Permira with participation from Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital Management, Goldman Sachs, Guggenheim Partners, Insight Partners, N47, Premji Invest, and Third Point Ventures, achieving a $2.5 billion valuation and bringing total funding to $744 million. The platform, built on open source foundations like Falco, provides runtime threat detection, configuration management, vulnerability scanning, and compliance for containers, Kubernetes, and cloud services, partnering with major providers including AWS, Google Cloud, Microsoft Azure, IBM Cloud, Red Hat, and SUSE Rancher. The funding supports accelerated international expansion into Europe, the Middle East, Asia-Pacific, and South America, doubling headcount in 2022, enhancing the partner program (with all non-Global 500 deals going indirect from November 2021), and investing in unified multi-cloud security across runtime, configurations, permissions, and vulnerabilities. Sysdig expanded SaaS hosting from nine to 16 locations, adding Australia, and reported a 300% increase in Sysdig Secure sales over the prior 12 months. Traction included a customer base growing 140% year-over-year to nearly 700 customers, with average ARR exceeding $875,000 across the top 50 purchasing customers, annualized revenue run rate from security more than tripling in the last 12 months, and net revenue retention of 149% in the most recent quarter. Falco saw over 37 million downloads with 335% growth since CNCF incubation. The company appointed a new CFO and CHRO alongside the round. Sysdig more than doubled its valuation in eight months from a prior $1.19 billion post-money valuation after raising $188 million, positioning it as a leader in cloud-native application protection platforms, as recognized in Gartner's 2021 Innovation Insight report. The round underscores momentum in container security amid rising cloud adoption. |
| Apr 2021 | Series F | Premji Invest (lead); Third Point Ventures (lead); N47; Goldman Sachs; DFJ Growth; Bain Capital Ventures; Insight Partners; Glynn Capital Management; Accel | $188M | $1.2B | Sysdig, a secure DevOps platform provider focused on securing cloud-native applications, containers, Kubernetes, and public cloud infrastructure, closed a $188 million Series F funding round on April 28, 2021, led by Premji Invest & Associates and Third Point Ventures, with participation from Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital Management, Goldman Sachs, Insight Partners, and Next47. The post-money valuation reached $1.19 billion, bringing total funding to $394 million since inception in 2013. New board members included Robert Schwartz from Third Point Ventures, Sandesh Patnam from Premji Invest, and Enrique Salem from Bain Capital Ventures. The round followed strong growth milestones, including 450 enterprise customers such as Worldpay by FIS, Yahoo Japan, IBM, and JW Player, with average annual recurring revenue exceeding $500,000 across the top 50 customers and annual net revenue retention of 140% at the end of fiscal year 2021. New annual contract value added in the second half of FY21 was 2.3 times that of the prior year's same period, reflecting accelerating cloud adoption. Sysdig expanded its platform with over 50 features, including continuous cloud security posture management, inline scanning for Fargate, zero trust network security, and cloud-scale Prometheus monitoring, broadening its addressable market. Proceeds will fund platform innovation, global R&D expansion, and sales/marketing growth in the US, Europe, Japan, Australia, and APAC. Sysdig differentiates through its open-source foundation in container security, positioning it as a leader in threat detection and incident response for cloud-native environments amid rising container and Kubernetes adoption. |
| Jan 2020 | Series E | Insight Partners (lead); Goldman Sachs; Bain Capital Ventures; Glynn Capital Management; Accel | $70M | - | Sysdig raised $70 million in Series E funding on January 22, 2019, led by Insight Partners with participation from Bain Capital Ventures, Accel, Glynn Capital, and Goldman Sachs. The company's total funding to date was $206 million at that time. Sysdig is a secure DevOps platform that addresses the challenges of securing containers, Kubernetes, and public cloud infrastructure. The company planned to use the funds to extend market presence and leadership in enabling enterprises to confidently run cloud-native workloads in production. The Series E round came during a period of strong growth for the container and cloud security market, which IDC forecasted would grow substantially in the coming years. |
| Sep 2018 | Series D | Insight Partners (lead); Bain Capital Ventures; Accel | $69M | - | Sysdig, a cloud-native intelligence company specializing in security and monitoring for containers and microservices, announced a $68.5 million Series D funding round on September 12, 2018, led by Insight Venture Partners with participation from Bain Capital Ventures and Accel. This brought total funding to $121.5 million. The investment aimed to extend leadership in enabling enterprises to operate reliable and secure containerized infrastructure and cloud-native applications. Insight Partners highlighted Sysdig's novel approach using new data sources for both security and monitoring, noting its effectiveness, scalability, higher ROI, and strong market position under CEO Suresh Vasudevan. The round accelerated Sysdig's momentum, with Sysdig Falco downloads tripling over the prior 12 months and active users of SaaS offerings growing nearly six times year-over-year. Sysdig expanded operations, opening a second headquarters in Raleigh, North Carolina, while scaling offices in San Francisco, Belgrade, and London. Plans included product updates like Sysdig Monitor 3.0 with features from Cloud Native Computing Foundation projects. |
| Oct 2017 | Series C | Accel (lead); Scale-Up | $25M | - | Sysdig, a cloud-native intelligence company founded by the creators of Falco and Wireshark, completed a $25 million Series C funding round on October 12, 2017, led by Accel Partner’s Growth Fund. The financing supports expansion of its Container Intelligence Platform, including the launch of Sysdig Secure for runtime security and forensics in Docker, Kubernetes, OpenShift, and Amazon ECS environments. The company aimed to scale product portfolio, customer support, and operations amid growing enterprise adoption, with hundreds of customers monitoring millions of containers in production. Prior rounds included Series D ($68.5M led by Insight Partners with Bain Capital Ventures and Accel participation, bringing total funding to $121.5M), focusing on container and cloud-native security and monitoring. Sysdig reported strong momentum with Falco downloads tripling and SaaS active users growing nearly 6x year-over-year, alongside office expansions in Raleigh, San Francisco, Belgrade, and London. Later developments highlight Sysdig's trajectory: Series F ($188M in 2021 at $1.19B valuation led by Third Point Ventures and Premji Invest, with Accel participation, total funding $394M); Series G ($350M in December 2021 at $2.5B valuation led by Permira, total $744M). By 2021, Sysdig had 450 enterprise customers, top 50 contracts averaging over $500K ARR, and 2.3x new ACV growth in H2 2020 vs. 2019, positioning it as a leader in runtime security for cloud and containers against a booming market. |
| Apr 2016 | Series B | Accel (lead); Bain Capital Ventures | $15M | - | Sysdig raised a $15.0M Series B funding round on April 21, 2016, led by Accel with participation from Bain Capital Ventures. The company provides container-native security and visibility solutions for cloud-native applications. |
| Jul 2015 | Series A | Accel (lead); Bain Capital Ventures (lead) | $11M | - | Sysdig raised $10.7 million in a Series A funding round on July 14, 2015, led by Accel and Bain Capital Ventures. The company provides container-native monitoring solutions, including its open-source tool Sysdig and a paid cloud-based implementation with advanced features like ContainerView for mapping applications and processes in clusters. This round preceded a $15 million Series B in April 2016, also led by Accel and Bain Capital Ventures, which supported expansion as Sysdig surpassed 100 enterprise customers. Sysdig focuses on security and monitoring for containerized infrastructure and cloud-native applications. |
| Jun 2013 | Seed | Bain Capital Ventures | $2M | - | - |
Who has invested in Sysdig?
12 investors have backed Sysdig across its funding rounds, including Accel, Bain Capital Ventures, Insight Partners, Goldman Sachs, Glynn Capital Management and N47.
Lead investors include Permira, Premji Invest, Third Point Ventures, Insight Partners, Accel and 1 other investor.
Sysdig Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 7 | Lead | Jun 2013 | ||
| 7 | Lead | Jul 2015 | ||
| 4 | Lead | Sep 2018 | ||
| 3 | Participant | Jan 2020 | ||
| 3 | Participant | Jan 2020 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Lead | Apr 2021 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Lead | Apr 2021 | ||
| 1 | Lead | Dec 2021 | ||
This data is available for Pro users. Sign up to see all 12 Sysdig investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Sysdig
Sysdig has acquired 1 company to date.
Last acquisition by Sysdig was on July 20th 2021. Sysdig acquired Apolicy for $57M.
Latest Acquisitions by Sysdig
| Description | Apolicy is a cloud-native platform for automating data security policy management across multi-cloud environments. The Tel Aviv-headquartered company performs workload-specific risk assessments and enforces policy-as-code for AWS, Azure, and GCP. Its tools integrate DevSecOps pipelines for compliance with GDPR and SOC 2 standards. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 20 Jul 2021 |
| Valuation | $57M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Sysdig acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by Sysdig
Sysdig has invested in 1 company to date.
Latest investment by Sysdig was on October 2nd 2024. Sysdig invested in Harmonic Security in their $18M Series A round.
Latest Investments by Sysdig
| Description | Harmonic Security is a Tel Aviv-based cybersecurity company offering data protection for generative AI environments. Its platform deploys pre-trained models to detect and safeguard sensitive information in AI interactions without manual labeling. Recognized as an RSA Conference Innovation Sandbox finalist in 2024, Harmonic Security enables enterprises to adopt large language models securely. The solution serves technology and finance sectors across North America and Europe, integrating with tools like Microsoft Azure and Google Cloud. |
| HQ Country | |
| HQ City | San Francisco, CA |
| Deal Date | 2 Oct 2024 |
| Round | Series A |
| Raised | $18M |
| Investors | Ten Eleven Ventures; N47; Claroty |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Sysdig investments and their VC round multiples. Start Free Trial | |
Sysdig Competitors
Sysdig competitors include listed companies like CANCOM and Venustech Group, and private ones like Aviatrix, Orca Security, Cato Networks and Island.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $40M | - | $2B | 50.0x | ||
| Private | - | - | $1.8B | - | ||
| Private | $300M | - | $4.8B | 16.0x | ||
| Private | - | - | $4.8B | - | ||
| Publicly listed | $2B | $118M | $740M | 0.4x | ||
| Publicly listed | $349M | ($60M) | $2.5B | 6.0x |
Sysdig Public Comps
Sysdig is still privately-owned, but its public comps include Venustech Group, SoftwareOne, QiAnXin, Kingsoft Cloud, Netweb Technologies India, NetScout Systems, AvePoint, OVHcloud, ChronoScale and SharonAI.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $349M | ($60M) | 6.6x | 6.0x | (38.4x) | (176057.4x) | |||
| $1.5B | $191M | 2.0x | 1.6x | 15.9x | 7.2x | |||
| $655M | ($147M) | 4.6x | 4.5x | (20.4x) | (41.4x) | |||
| $1.4B | $414M | 2.2x | 1.8x | 7.5x | 5.8x | |||
| $228M | $30M | 12.3x | 9.0x | 92.4x | 67.4x | |||
| $859M | $163M | 2.6x | 2.6x | 13.9x | 9.5x | |||
| $419M | $42M | 5.9x | 5.1x | 58.4x | 27.4x | |||
| $1.2B | $474M | 3.5x | 3.3x | 9.2x | 8.2x | |||
This data is available for Pro users. Sign up to see all Sysdig competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Sysdig
| When was Sysdig founded? | Sysdig was founded in 2013. |
| Where is Sysdig headquartered? | Sysdig is headquartered in San Francisco, CA, United States. |
| Is Sysdig publicly listed? | No, Sysdig is a private, VC-backed company. |
| What is Sysdig's valuation? | Sysdig was last valued at $2.5B in its Series G in December 2021. |
| How much funding has Sysdig raised? | Sysdig has raised $730M across 8 funding rounds. |
| What was Sysdig's last funding round? | Sysdig's last funding round was a $350M Series G in December 2021, led by Permira. |
| Who are Sysdig's investors? | Sysdig's investors include Bain Capital Ventures, Accel, Insight Partners, Goldman Sachs, Glynn Capital Management, N47, Premji Invest, DFJ Growth, Third Point Ventures, Permira and 2 others. |
| Which companies are comparable to Sysdig? | Companies comparable to Sysdig include Aviatrix, Orca Security, Cato Networks, Island, CANCOM and Venustech Group. |
| How many companies has Sysdig acquired? | Sysdig has acquired 1 company, including Apolicy. |
| What was the largest acquisition by Sysdig? | The $57M acquisition of Apolicy in July 2021 is the largest acquisition Sysdig has made to date. |
| How many companies has Sysdig invested in? | Sysdig has invested in 1 company, including Harmonic Security. |
| What was Sysdig's last investment? | In October 2024, Sysdig invested in Harmonic Security's $18M Series A alongside Ten Eleven Ventures, N47 and Claroty. |
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