Security Experts:

Connect with us

Hi, what are you looking for?


Cloud Security

Sysdig Raises $350 Million at $2.5 Billion Valuation

Container and cloud security company Sysdig on Wednesday announced raising $350 million in a Series G funding round, at a valuation of $2.5 billion.

Container and cloud security company Sysdig on Wednesday announced raising $350 million in a Series G funding round, at a valuation of $2.5 billion.

The latest funding round, which brings the total raised by Sysdig to roughly $750 million, was led by Permira, with participation from Guggenheim Partners, Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, Next47, Premji Invest & Associates, and Third Point Ventures.

Sysdig says it plans on using the money to accelerate its expansion in Europe, the Middle East, the APAC region and South America. The funding will also enable the company to enhance its offering, expand its partner program, and hire more people.

Sysdig claims to have 700 customers and an annual recurring revenue of over $875,000 across the top 50 customers. The firm achieved unicorn status in April 2021, when it raised $188 million.

Sysdig offers a secure DevOps platform that is designed to provide organizations security and visibility capabilities for their containers, cloud and Kubernetes. The company’s solutions enable customers to secure software build pipelines, detect and respond to runtime threats, monitor the performance and capacity of cloud and container services, and manage cloud posture and compliance.

Sysdig, which started as an open source project, still provides some open source tools that have been downloaded tens of millions of times.

“We’ve seen massive investor interest in Sysdig as the cloud security market is experiencing hyper growth,” said Suresh Vasudevan, CEO of Sysdig. “Cloud adoption has accelerated into the mainstream, and as a result, demand for Sysdig and Falco have skyrocketed. Cloud security teams quickly realize the importance of runtime threat detection for containers and cloud, and Sysdig is the clear choice.”

Related: Secure DevOps Company Sysdig Raises $70 Million

Related: Container Security Firm Sysdig Raises $68.5 Million

Related: Red Hat Buys Container Security Firm StackRox

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this webinar to learn best practices that organizations can use to improve both their resilience to new threats and their response times to incidents.


Join this live webinar as we explore the potential security threats that can arise when third parties are granted access to a sensitive data or systems.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.


More than 450 cybersecurity-related mergers and acquisitions were announced in 2022, according to an analysis conducted by SecurityWeek

Cloud Security

Microsoft and Proofpoint are warning organizations that use cloud services about a recent consent phishing attack that abused Microsoft’s ‘verified publisher’ status.


Forty cybersecurity-related M&A deals were announced in January 2023.


Twenty-one cybersecurity-related M&A deals were announced in December 2022.

Cloud Security

VMware vRealize Log Insight vulnerability allows an unauthenticated attacker to take full control of a target system.