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

Advertisement. Scroll to continue reading.

Related: Container Security Firm Sysdig Raises $68.5 Million

Related: Red Hat Buys Container Security Firm StackRox

Written By

Eduard Kovacs (@EduardKovacs) is a managing 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 the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.


The AI Risk Summit brings together security and risk management executives, AI researchers, policy makers, software developers and influential business and government stakeholders.


People on the Move

Satellite cybersecurity company SpiderOak has named Kip Gering as its new Chief Revenue Officer.

Merlin Ventures has appointed cybersecurity executive Andrew Smeaton as the firm’s CISO-in-Residence.

Retired U.S. Army General and former NSA Director Paul M. Nakasone has joined the Board of Directors at OpenAI.

More People On The Move

Expert Insights