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As of Jan 2020, these 30 SaaS companies are the largest in the Cyber Security Software space.

The Top Cyber Security Software SaaS Companies

This list tracks the largest private B2B Cyber Security Software SaaS companies by revenue. In total, this list features 30 companies with combined revenues of $37M.

These companies have raised a total of $105.8M. Together, these Cyber Security Software saas companies serve 400 customers and employ over 655 on their teams.

Divider

Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
P
Polymer

Cyber Security Software

Polymer is a data governance and privacy platform for third-party SaaS applications.

$2M
$7M
-
11
2020
United States
03
RWS
RedWolf Security

Cyber Security Software

RedWolf Security offers the most comprehensive, safe, and feature rich threat simulation platform available for enterprise.

$2M
-
200
45
2005
Canada
04
K
Keyworks

Cyber Security Software

Keyworks is a fast-growing GRC/Cyber Security and Engineering firm developing custom and SaaS-based risk management solutions.

$2M
$1M
-
42
2014
Canada
05
SEKOIA
SEKOIA

Cyber Security Software

SaaS Cybersecurity

$2M
$12M
100
72
2008
France
06
SOCOS
SOC.OS

Cyber Security Software

SOC.OS is a SaaS-based security alert investigation and triage tool, fundamentally reimagining how security operations are conducted today.

$2M
$3M
-
26
2020
United Kingdom
07
Y
Yogosha

Cyber Security Software

Yogosha is a french bug bounty platform.

$2M
$2M
100
37
2015
France
08
N
Netography

Cyber Security Software

Netography provides a SaaS network detection & response solution to defend against global threats and eliminate blind spots in real-time.

$2M
$48M
-
16
2018
United States
09
QS
QuoScient

Cyber Security Software

QuoScient provides customers across all industries with its expertise against digital threats of all kinds.

$2M
-
-
26
2016
Germany
10
BMS
Black Mesa Systems

Cyber Security Software

Medical Device Security, SaaS

$2M
-
-
34
2017
United States
1 - 10 of 30Next

What are the fastest growing companies doing?


83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?


We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.