Funding round
Sysdig Series C
Sysdig, which works in cloud security solutions development in San Francisco, raised $25M in a Series C round announced on 12 Oct 2017. 1 firm took part. It is Sysdig's fourth venture round on record; the one before was a Series B in May 2016.
$25M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Sysdig did not disclose a valuation in this round. It came 17 months after Sysdig's Series B. It is 3.4% of the $730M Sysdig has raised in the venture rounds on record. Sysdig raised again 11 months later: a Series D round of $69M in Sep 2018. Its next priced round, a Series F in Apr 2021, valued it at $1.19B.
Sysdig's funding rounds
Sysdig has 8 venture rounds on record. This one is highlighted.
- Seed 30 Jun 2013, led by Bain Capital Ventures $2.3M
- Series A 14 Jul 2015, led by Accel and Bain Capital Ventures $11M
- Series B 20 May 2016, led by Accel and Bain Capital Ventures $15M
- Series C this round 12 Oct 2017 $25M
- Series D 12 Sep 2018, led by Insight Partners $69M
- Series E 22 Jan 2020, led by Insight Partners $70M
- Series F 28 Apr 2021, led by Premji Invest and Third Point Ventures $188M$1.19B post-money
- Series G 15 Dec 2021, led by Permira $350M$2.50B post-money
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- Accel backs 581 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing, scaling operations and working capital.
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
165 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 71% of the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Mapbox Tech Companies | 10 Oct 2017 | $164M | not disclosed | SoftBank Vision Fund and SoftBank |
| Tech Companies | 17 Oct 2017 | $50M | not disclosed | Undisclosed Investor |
| Carta Tech Companies | 11 Oct 2017 | $42M | not disclosed | Menlo Ventures and Social Capital |
| Tech Companies | 4 Oct 2017 | $35M | not disclosed | Norwest |
| Tech Companies | 19 Oct 2017 | $30M | not disclosed | Battery Ventures |
| Tech Companies | 12 Oct 2017 | $28M | not disclosed | NGP Capital |
| Tech Companies | 3 Oct 2017 | $25M | not disclosed | Atlantic Bridge |
| Tech Companies | 23 Oct 2017 | $22M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Sysdig raise in its Series C round?
Sysdig raised $25M in its Series C round, announced in Oct 2017.
Which investors took part in Sysdig's Series C round?
Accel.
What was Sysdig's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
165 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $35M, and this round was 71% of the median.
Did Sysdig raise again after this round?
Yes: a Series D round in Sep 2018 of $69M.