Sysdig
135 Main Street, 21st Floor, San Francisco, California, 94105, United States
Overview
Sysdig offers a SaaS security platform built on an open-source stack (including Falco and Sysdig open source) that delivers real-time runtime threat detection, guided remediation, and continuous configuration, permission, vulnerability and compliance management across containers, Kubernetes, and cloud services. The platform integrates with major cloud providers and supports detection and response, infrastructure-as-code feedback, cloud configuration risk management, and entitlements management. Sysdig reports strong operating momentum: annualized security revenue run rate more than tripled in the last 12 months, net revenue retention of 149% in the most recent quarter, a nearly 700-customer base, and an average ARR above $875,000 across its top 50 customers. The company has expanded SaaS hosting locations from nine to 16 and recently acquired Apolicy to add IaC security and guided remediation for IaC manifests. Future plans funded by the new round include accelerating global expansion in Europe, the Middle East, Asia-Pacific and South America, doubling headcount in 2022, expanding the partner program, and investing in a unified multi-cloud security experience. Sysdig emphasizes its open-source foundation and community (Falco has been downloaded over 37 million times), positioning open source as a driver of transparency and faster security innovation. Sysdig is a San Francisco–based secure DevOps platform provider focused on securing containers, Kubernetes, and public cloud infrastructure. The company offers a SaaS platform built on an open source stack that includes Falco and sysdig OSS and is used by hundreds of enterprises, including Worldpay by FIS, Yahoo Japan, IBM, and JW Player. Its platform secures the software build pipeline, detects and responds to runtime threats, monitors service health, and continuously validates cloud security posture and compliance. Led by CEO Suresh Vasudevan, Sysdig plans to invest in its open source foundation and further develop its secure DevOps platform. The company intends to grow R&D teams in Raleigh, Spain, Italy, Belgrade, and San Francisco and expand sales and marketing across the United States, Europe, Japan, and Australia while entering newer Asia‑Pacific markets. Sysdig has raised a total of $394M since inception and recently completed a $188M Series F at a $1.19B valuation. Sysdig builds the Sysdig Secure DevOps Platform, which integrates monitoring and security into a single solution for container and Kubernetes workloads. The platform offers runtime threat prevention, incident response, audit, anomaly detection, and application‑context visibility for cloud‑native environments. Sysdig is open by design and maintains the Falco open‑source runtime security project within the Cloud Native Computing Foundation. Customers named in the article include Goldman Sachs, Steelcase, and Worldpay, and the company reported business milestones such as more than doubling revenue from Fortune 500 banks and 96% of new enterprise accounts in 2019 purchasing the complete platform. Sysdig is pursuing international expansion (it launched a Japanese subsidiary and added offices in Spain and Italy) and has made strategic hires to support growth. Financially, Sysdig has raised $206 million to date and says it will use new funds to extend market presence and leadership in securing cloud‑native workloads in production. Sysdig offers a unified Cloud‑Native Intelligence Platform that integrates container security, monitoring, and forensics across Kubernetes, Docker, and both private and public clouds. The company’s commercial product set is built on open source technologies, including its forensics tooling and the Sysdig Falco security project, which together have a community of millions of users. Sysdig Secure and the recently announced Sysdig Secure 2.0 add vulnerability management, 200+ compliance checks, and security analytics for cloud‑native environments and microservices. The company reports Falco downloads have roughly tripled over the last 12 months and active users of its SaaS offerings have grown nearly six times year‑over‑year. Sysdig says it monitors and secures millions of containers across hundreds of enterprises, including Global 2000 customers. To support growth it has expanded operations with a second headquarters in Raleigh while continuing to scale offices in San Francisco, Belgrade, and London, and has added Suresh Vasudevan as CEO and Larry Castro as VP of finance and corporate operations. Sysdig provides an intelligence platform that delivers monitoring, security, and troubleshooting in microservices-friendly architectures. Led by founder and CEO Loris Degioanni, the platform is used by a community of over a million developers, administrators, and other IT professionals. The service monitors and secures millions of containers across hundreds of enterprises, including Fortune 500 companies and web-scale properties. Its product portfolio includes Sysdig Monitor for monitoring and alerting, Sysdig Secure for runtime protection and forensics, and Sysdig Inspect for deep troubleshooting. Sysdig recently launched Sysdig Secure to offer enterprises runtime security and forensics for Docker, Kubernetes, OpenShift, Amazon ECS, and similar environments. The company completed a $25m Series C and intends to use the funds to expand its product portfolio and scale customer support capabilities.
- Total raised
- $727M
- Funding rounds
- 7
- Latest round
- Series G
- Latest activity
- Dec 2021
Industries
- Cloud Computing
- Cloud Security
- Cyber Security
- Open Source
- SaaS
- Security
Recent funding
Series G
Dec 2021
$350M
Series F
Apr 2021
$188M
Series E
Jan 2020
$70M
Series D
Sep 2018
$69M
Series C
Oct 2017
$25M