The Top Security Software SaaS Companies

As of Jan 2020, these 436 SaaS companies are the largest in the Security Software space. (Click to apply)

This list tracks the largest private B2B Security Software SaaS companies by revenue. In total, this list features 436 companies with combined revenues of $12.8B.

These companies have raised a total of $1.2B. Together, these Security Software saas companies serve 2B customers and employ over 82K on their teams.

$0 - $1M ARR
  1. Foxpass $980.0K
  2. Inscribe $980.0K
  3. Kobalt $971.2K
  4. Intruder $965.3K
  5. Digify $947.5K
$1M - $5M ARR
  1. FRISS $4.9M
  2. Asurint $4.8M
$10M+ ARR
  1. Splunk $2.2B
  2. NETSCOUT $891.8M
  3. Forcepoint $658.0M
  1. 01
    Splunk

    Splunk

    Security Software

    Splunk Inc. (NASDAQ: SPLK) helps organizations ask questions, get answers, take actions and achieve business outcomes from their data. Organizations use market-leading Splunk solutions with machine learning to monitor, investigate and act on all forms of b

    $2B

    $12M

    15K

    7K

    2014

    Security Software

  2. 02
    NTT Security

    NTT Security

    Security Software

    NTT Security is the specialized security company of NTT Group. With embedded security we enable Group companies (Dimension Data, NTT Communications and NTT DATA) to deliver resilient business solutions for clients’ digital transformation needs. NTT Secu

    $1B

    9K

    18K

    1988

    Security Software

  3. 03
    Neustar IP Intelligence

    Neustar IP Intelligence

    Security Software

    Mr. Ted Prince serves as Senior Vice President, Analytics Solutions at NeuStar. He oversees Neustar's strategy and execution for corporate development and the management of strategic relationships, as Neustar transforms into an Information Services company

    $1B

    8K

    2K

    1996

    Security Software

  4. 04
    NETSCOUT

    NETSCOUT

    Security Software

    NETSCOUT Systems, Inc. is a provider of application and network performance management products.

    $892M

    $49M

    2M

    3K

    1984

    Security Software

  5. 05
    Forcepoint

    Forcepoint

    Security Software

    Forcepoint was founded in 1994 as an information technology reseller called NetPartners.

    $658M

    3K

    1994

    Security Software

  6. 06
    Peraton

    Peraton

    Security Software

    $631M

    3K

    2017

    Security Software

  7. 07
    Alarm.com

    Alarm.com

    Security Software

    Alarm.com Holdings provides a software-as-a-service, or SaaS, platform solution for the connected home. The platform allows home and business owners to secure their properties and automate and control an array of connected devices. SaaS and license fees fr

    $618M

    6M

    1K

    2000

    Security Software

  8. 08
    Zscaler

    Zscaler

    Security Software

    Provider of a global cloud security platform designed to protect enterprises and government agencies from cyberattacks and data loss. The company's flagship services, create fast, secure connections between users and applications, regardless of device, loc

    $431M

    $148M

    3K

    3K

    2008

    Security Software

  9. 09
    Mimecast

    Mimecast

    Security Software

    Mimecast Ltd operates in the technology sector based in the United States. Its core product is cloud-based software to address internet security threats that mainly cause e-mail failure or downtime. Mimecast's chief product is an operating system, known as

    $427M

    $13M

    36K

    2K

    2003

    Security Software

  10. 10
    Qualys

    Qualys

    Security Software

    Qualys, Inc. provides cloud security, compliance and related services and is based in Foster City, California.|Qualys is the pioneer and leading provider of information security and compliance cloud solutions|Qualys is the pioneer and leading provider of i

    $364M

    $34M

    16K

    1K

    1999

    Security Software

1-10 of 440

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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.