The Top Security Software SaaS Companies

As of Jan 2020, these 21 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 21 companies with combined revenues of $1.2B.

These companies have raised a total of $858.6M. Together, these Security Software saas companies serve 4M customers and employ over 5K on their teams.

$0 - $1M ARR
  1. Sensorberg $574.0K
  2. Detectify $336.0K
  3. Apozy $168.0K
  4. Defendry $38.4K
$1M - $5M ARR
  1. Paubox $1.2M
$5M - $10M ARR
  1. Cygilant $8.0M
  2. Asaas $5.1M
$10M+ ARR
  1. Qualys $277.9M
  2. Rapid7 $248.4M
  3. Carbonblack $200.0M
  4. Pingidentity $180.0M
  5. Malwarebytes $120.0M
  1. 01
    Qualys

    Qualys

    Security Software

    Qualys, Inc. provides cloud security, compliance

    $277.9M

    $65.0M

    10K

    870

    1999

    Security Software

  2. 02
    Rapid7

    Rapid7

    Security Software

    Provides security analytics and automation

    $248.4M

    $90.0M

    9K

    1K

    2000

    Security Software

  3. 03
    Carbonblack

    Carbonblack

    Security Software

    Carbon Black, Inc. is a cybersecurity company ba

    $200.0M

    $191.0M

    4K

    2002

    Security Software

  4. 04
    Pingidentity

    Pingidentity

    Security Software

    Our mission is to simplify how enterprises provi

    $180.0M

    $128.0M

    2K

    1K

    2002

    Security Software

  5. 05
    Malwarebytes

    Malwarebytes

    Security Software

    Malwarebytes Inc. is an American Internet securi

    $120.0M

    $80.0M

    3M

    650

    2003

    Security Software

  6. 06
    Centrify

    Centrify

    Security Software

    Centrify's identity & access management (IAM) so

    $100.0M

    $90.0M

    5K

    500

    2004

    Security Software

  7. 07
    Perfectcloud

    Perfectcloud

    Security Software

    Unified Cloud Security

    $20.4M

    850

    35

    2015

    Security Software

  8. 08
    Dashlane

    Dashlane

    Security Software

    Dashlane is a password manager app and secure di

    $20.0M

    $55.0M

    500K

    130

    2012

    Security Software

  9. 09
    Siftscience

    Siftscience

    Security Software

    Block fraud, provide a better customer experienc

    $18.0M

    $54.0M

    500

    120

    2011

    Security Software

  10. 10
    Cloudcheckr

    Cloudcheckr

    Security Software

    CloudCheckr's cloud management platform provides

    $14.4M

    $50.0M

    600

    150

    2011

    Security Software

1-10 of 19

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The Latka Grid

$RevenueEmployees

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Bootstrapped, Funded SaaS

55 bootstrapped companies made the 2019 list compared to 102 funded companies that have raised $2.8 billion in total.

These bootstrapped founders should be very proud. They found creative ways to drive growth without having to sell big chunks of their company for equity.

53 of these bootstrapped CEO’s are not located in San Francisco or New York.

All except 6 of the 55 are profitable as of December 2019.

Is Churn Important for Growth?

90 of these companies have net revenue retention greater than 100%. This means their upsell and expansion revenue from historical customers more than makes up for any lost revenue from those same customers.

34 of these companies have net revenue retention between 80-99%.

The companies with net revenue retention under 80% annually share a common theme in that only 2 out of the 29 companies have any expansion revenue at all.

Many of these companies simply haven’t added a second product to upsell, or don’t rely on utility based upselling. Expect their growth to expand in 2020 as many of them have expansion revenue in their strategic plans.

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