Sysdig Raises $350 Million at more than $2.5 Billion Valuation

Sysdig is a cloud security firm that assists companies to secure clouds with the help of threat detection in real-time for eliminating security blind spots, and one-click remediation for loop closing. Using the Sysdig platform, teams respond to threats and continuously manage configurations, vulnerabilities, and permissions.

The Series G round was led by Permira’s growth fund. Among other investors were Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, Next47, Premji Invest & Associates, and Third Point Ventures. Also, Guggenheim joined the round. The money raised will be used for expansion in the ME, Asia-Pacific, South America, and Europe.

Sysdig, headquartered in San Francisco, was founded by Loris Degioanni in 2013. The platform is built on an open-source foundation that includes Falco and Sysdig. Among the company’s partners are Amazon Web Services, Google, Microsoft Azure, IBM Cloud, Red Hat, etc. “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 a clear choice.”, Suresh Vasudevan, CEO.

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