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As of Jan 2020, these 7 SaaS companies are the largest in the Devsecops Software space.

The Top Devsecops Software SaaS Companies

This list tracks the largest private B2B Devsecops Software SaaS companies by revenue. In total, this list features 7 companies with combined revenues of $84.7M.

These companies have raised a total of $122.3M. Together, these Devsecops Software saas companies serve 30M customers and employ over 662 on their teams.

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Highlights

Top SaaS Companies with $5 - $10M ARR


Top SaaS Companies with $10M+ ARR


02
RSS
RedShield Security

Devsecops Software

Developer of a web application and website protection software based in New Zealand. The company provides security operations, tools, and proprietary shielding micro-services through its platform that save our customers time, money, and ensure secure business operations.

$4M
$18M
-
54
2008
New Zealand
03
A
Anitian

Devsecops Software

Developer of a cyber-security platform intended to offer consultancy and security services. The company's platform offers strategy services, including PCI compliance, data classification, disaster recovery, business continuity planning, identity management, policy and procedure development services, enabling organizations to reduce the complexity, cost and confusion of security and compliance in the cloud.

$3M
$66M
-
81
1995
United States
04
UB
UBiqube

Devsecops Software

Developer of end-to-end network and security orchestration software and tools intended to facilitate service providers, large and medium enterprises. The company's end-to-end network and security orchestration software and tools offers open framework for the design, automation and orchestration of services over hybrid communication infrastructures, enabling the clients to address any service delivery scenarios with any combination of vendors, such as SDX, White box, VCPE, VEPC, Virtualized Security management and Internet of things.

$3M
$20M
-
41
2000
Ireland
05
K
Kindite

Devsecops Software

Developer of a cloud-based encryption platform designed to control encryption keys and process encrypted data. The company's Zero-trust Searchable Encryption technology allows cloud-based applications to run smoothly over encrypted data without ever decrypting it essentially eliminates the necessity to compute over plain-text data at the cloud, enabling businesses and enterprises to overcome risks of privacy, compliance, and control, using disruptive encryption technology.

$2M
$4M
-
18
2017
Israel
06
C
Cosmian

Devsecops Software

Developer of a cryptography platform designed to analyze encrypted data and create a secure data economy. The company's platform allows queries and calculations to be performed on encrypted private data without actually revealing the data itself, enabling companies to analyze private information without revealing the underlying data.

$640K
-
-
9
2018
France
07
S
Snaptrust

Devsecops Software

Developer of online tools intended to provide security measures in smartphone applications and cloud applications. The company's tools offer services for the verification of products for counterfeiting by means of image processing on the smartphone camera, enabling clients to develop, test and optimise in a hassle free way.

$60K
-
-
1
2013
Germany
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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.