The Top Security Software SaaS Companies

As of Jan 2020, these 167 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 167 companies with combined revenues of $5.6B.

These companies have raised a total of $1.0B. Together, these Security Software saas companies serve 4M customers and employ over 52K on their teams.

$0 - $1M ARR
  1. Fastpath $1.0M
  2. CyberGRX $1.0M
  3. Acompli $1.0M
$1M - $5M ARR
  1. Sucuri $4.6M
  2. DataGrail $3.9M
$5M - $10M ARR
  1. Cygilant $8.0M
$10M+ ARR
  1. NETSCOUT $909.9M
  2. Splunk $609.9M
  3. Qualys $364.0M
  4. Pingidentity $245.0M
  1. 11
    Auth0

    Auth0

    Security Software

    Auth0 is an identity management platform for application builders and developers.

    $80M

    $332M

    893

    2013

    Security Software

  2. 12
    DarkTrace

    DarkTrace

    Security Software

    Self Learning Cyber AI for Your Dynamic Workforce

    $80M

    $230M

    1K

    2013

    Security Software

  3. 13
    Signifyd

    Signifyd

    Security Software

    Signifyd is a SaaS-based, enterprise-grade fraud technology solution for e-commerce stores. It simplifies fraud detection through a financial guarantee, allowing businesses to increase sales while reducing fraud losses. It was founded based on the belief t

    $75M

    $185M

    320

    2011

    Security Software

  4. 14
    Checkmarx

    Checkmarx

    Security Software

    Checkmarx is a provider of static application security testing modules. The company provides an application which is used to check internal and external compliance requirements, developing and hosting platform guidelines and other criteria during the softw

    $58M

    693

    2006

    Security Software

  5. 15
    MobileIron

    MobileIron

    Security Software

    Provider of a mobile IT platform to secure and manage mobile applications, documents and devices. The company's cloud-based software enables end-users to access their applications and data anywhere on the device of their choice, as well as providing access

    $55M

    653

    2007

    Security Software

  6. 16
    Redseal

    Redseal

    Security Software

    Cyber Risk Modeling

    $51M

    $75M

    250

    200

    2004

    Security Software

  7. 17
    SolarWinds-M

    SolarWinds-M

    Security Software

    Help desk SaaS

    $50M

    $28M

    251

    2003

    Security Software

  8. 18
    Autotask

    Autotask

    Security Software

    Datto, Inc. is an American cybersecurity and data backup company.

    $50M

    $10M

    251

    2001

    Security Software

  9. 19
    BeyondTrust

    BeyondTrust

    Security Software

    BeyondTrust was founded in 2006 and provided Least Privilege Management software for the Microsoft Windows OS, before UNIX vendor Symark acquired BeyondTrust in 2009.

    $50M

    $11M

    251

    1985

    Security Software

  10. 20
    SecurityScorecard

    SecurityScorecard

    Security Software

    Understand and reduce risk with the world’s most expansive & scalable security ratings platform

    $49M

    $292M

    16K

    250

    2014

    Security Software

11-20 of 167

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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.