Securonix offers a SaaS-based, multi-tenant security analytics, operations and response platform powered by advanced analytics and behavioral UEBA technology. The company has extended its offering with Open XDR, SOAR and Autonomous Threat Sweeper and introduced flexible deployment models such as "Bring Your Own Snowflake" and "Bring Your Own AWS." Securonix says it serves five of the Global Fortune 10 and has accelerated growth over the past 12 months, reporting 100% SaaS ARR growth, 240% YoY new MSSP logo bookings growth, and 100% YoY employee headcount growth, eclipsing 1,000 employees worldwide. Management plans to invest the new capital to accelerate product engineering, threat detection/hunting, data science, cloud operations and global talent acquisition. The company also intends to extend its platform to the application layer and to OT and IoT environments. As described in the articles, Securonix positions itself as a leader in cloud-native security analytics and operations. Securonix provides SaaS-based, multi-tenant security analytics built on a big-data architecture, delivering Cloud SIEM, UEBA, SOAR, Security Data Lake, NTA and vertical-specific applications with unlimited scalability and no infrastructure cost. The company emphasizes behavioral analytics to reduce noise and prioritize high-fidelity alerts. Securonix serves five of the Global Fortune 10 and has a growing customer base across industry verticals and geographies. Recent operating traction includes 55% year-over-year growth in ARR, 200% YoY growth in SaaS customer bookings, 142% YoY growth in overall customer bookings, and 54% YoY growth in headcount. The company plans to accelerate product innovation and adoption across financial services and other industries through a strategic collaboration to develop new use cases for monitoring cyberattacks, insider threats, fraud, application security, and OT/IoT security. Securonix announced a strategic investment to support continued hypergrowth and product development. Securonix, based in Redwood Shores, CA and led by CEO and Founder Sachin Nayyar, provides an enterprise security analytics platform that uses Hadoop and machine learning to consume, enrich and analyze massive volumes of data in real time. The platform is designed to detect and prioritize the highest insider, cyber, cloud and fraud attacks automatically and accurately. The company serves customers across industry verticals, including more than a third of the Fortune 500, and employs over 300 people globally. Securonix intends to use new funding to accelerate investment in technology innovation and to expand in domestic and global markets. The company recently completed a significant funding event that should support those plans.

Total raised

$1.1B

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2022