Forter Doubles Revenue in Last 12 Months; Raises $300M for a $3B Valuation finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Sysdig, Inc., a San Francisco, CA-based secure DevOps platform provider, raised $188m in Series F funding round at a valuation of $1.19 billion.
This round, which brought total funding to $394m since inception, was led by Premji Invest & Associates and Third Point Ventures, with participation from Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, and Next47. In conjunction with the funding, Robert Schwartz from Third Point Ventures, Sandesh Patnam from Premji Invest & Associates, and Enrique Salem from Bain Capital Ventures, joined Susdig’s board of directors.
The company intends to use the funds to:
invest in continued innovation in its open source foundation as well as in its secure DevOps platform,
Funding follows accelerating growth and open source community momentum, and positions Sysdig to emerge as the leader in container and cloud security Sysdig, Inc., the secure DevOps leader, today
SHARE
Container environment security startup Sysdig Inc. joined the unicorn club today after raising $188 million in a late-stage funding round.
The Series F round, led by Third Point Ventures and Premji Invest with participation from Accel, Bain Capital Ventures, DFJ Growth, Goldman Sachs, Insight Partners and Next47, brings Sysdig’s value to $1.18 billion, the company said.
Sysdig, which last raised $70 million in January 2020, sells tools for securing container environments that are used to host modern software applications that can run on any computing platform. Its main product is Sysdig Monitor, a cloud-native intelligence platform that helps manage large deployments of containers
SFBT Wednesday Digest: Allbirds to take IPO flight; City, UC at odds over Berkeley plan bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.