Funding round
Sysdig Series E
Sysdig, which works in cloud security solutions development in San Francisco, raised $70M in a Series E round announced on 22 Jan 2020, led by Insight Partners. 5 firms took part, 3 of them already investors. It is Sysdig's sixth venture round on record; the one before was a Series D in Sep 2018.
$70M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Sysdig did not disclose a valuation in this round. It came 16 months after Sysdig's Series D. It is 9.6% of the $730M Sysdig has raised in the venture rounds on record. Sysdig raised again 15 months later: a Series F round of $188M in Apr 2021, at $1.19B post-money.
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 12 Oct 2017 $25M
- Series D 12 Sep 2018, led by Insight Partners $69M
- Series E this round 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
Insight Partners led the round with 4 other firms. Insight Partners, Bain Capital Ventures and Accel had backed Sysdig before.
Lead investor
- Insight Partners backs 548 venture-backed companies existing investor
Also in the round
- Bain Capital Ventures backs 220 venture-backed companies existing investor
- Accel backs 581 venture-backed companies existing investor
- backs 44 venture-backed companies new investor
- Goldman Sachs backs 218 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing and scaling operations.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
54 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 70% of the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Jan 2020 | $11M | not disclosed | not named |
| Tech Companies | 4 Dec 2019 | $60M | $500M | Coatue |
| Tech Companies | 13 Mar 2020 | $52M | not disclosed | DBJ Capital and Mitsubishi UFJ Capital |
| Cohesity Tech Companies | 9 Apr 2020 | $250M | $2.50B | DFJ Growth and Foundation Capital |
| Tech Companies | 7 Apr 2020 | $100M | not disclosed | Institutional Venture Partners |
| Tech Companies | 17 Oct 2019 | $100M | $1.00B | Sapphire Ventures |
| Tech Companies | 21 Apr 2020 | $94M | not disclosed | Riverwood Capital |
| Canva Tech Companies | 16 Oct 2019 | $85M | $3.20B | BOND |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Sysdig raise in its Series E round?
Sysdig raised $70M in its Series E round, announced in Jan 2020.
Who led Sysdig's Series E round?
Insight Partners led it, with Bain Capital Ventures, Accel, Glynn Capital and Goldman Sachs.
What was Sysdig's valuation at the Series E round?
It was not disclosed.
How does it compare with other Series E rounds in Tech Companies?
54 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 70% of the median.
Did Sysdig raise again after this round?
Yes: a Series F round in Apr 2021 of $188M at $1.19B post-money.