The Top Security Software SaaS Companies

As of Jan 2020, these 424 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 424 companies with combined revenues of $12.4B.

These companies have raised a total of $1.0B. Together, these Security Software saas companies serve 1B customers and employ over 79K 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
    Raptor Technologies

    Raptor Technologies

    Security Software

    Developer of visitor management systems intended to provide the best possible protection for every child in school. The company provides K-12 schools with integrated school safety technologies which help schools screen out sex offenders, manage custody iss

    $10M

    128

    2002

    Security Software

  2. 02
    Perimeter 81

    Perimeter 81

    Security Software

    Provider of network security services designed to simplify secure network access for the modern and distributed workforce. The company's services has taken the outdated, complex and hardware-based traditional VPN and firewall technology and transformed it

    $9M

    113

    2018

    Security Software

  3. 03
    Oracle Dyn

    Oracle Dyn

    Security Software

    Provider of a cloud-based cybersecurity platform designed to ensure the protection of web applications and network without compromising performance. The company's cybersecurity platform leverages artificial intelligence to automatically update security pos

    $9M

    111

    2014

    Security Software

  4. 04
    Usercentrics

    Usercentrics

    Security Software

    Usercentrics is a munich/Germany based legal technology SaaS provider, redefining the way to secure compliant data via consent management.

    $9M

    $26M

    101

    2017

    Security Software

  5. 05
    Akamai-Technologies

    Akamai-Technologies

    Security Software

    Akamai Technologies, Inc. is a global content delivery network, cybersecurity, and cloud service company, providing web and Internet security services.

    $9M

    $52M

    100

    1998

    Security Software

  6. 06
    Threat Stack

    Threat Stack

    Security Software

    Threat Stack enables DevOps and SecOps teams to innovate and scale securely, meeting complex cloud security needs by identifying and verifying insider threats, external attacks, and compliance gaps in real-time. Purpose-built for today’s infrastructure,

    $9M

    $72M

    100

    2012

    Security Software

  7. 07
    Alsid

    Alsid

    Security Software

    Developer of a cloud-based attack-surface visualization technology designed to detect directory breaches before any kind of cyber attacks. The company's technology helps to detect computer attacks across multiple active directories maintaining bulk data an

    $9M

    $18M

    114

    2016

    Security Software

  8. 08
    SSH Communication Security

    SSH Communication Security

    Security software

    SSH Communications Security Oyj is a Finland-based company. It is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company provides software, professional services, and recurring serv

    $8M

    $17M

    135

    1995

    Security software

  9. 09
    AppOmni

    AppOmni

    Security Software

    Developer of a data security platform intended to help companies scan, secure and monitor their SaaS applications. The company's platform uses a scanning technology that identifies Cloud API Data Leaks and other security exposures and delivers continuous m

    $8M

    $53M

    75

    41

    2018

    Security Software

  10. 10
    Guardicore

    Guardicore

    Security Software

    Provider of internal data center security tool designed to detect and stop advanced threats through real-time breach detection and response. The company's internal data center security tool tracks and eliminates intruders inside data center networks and au

    $8M

    $106M

    259

    2013

    Security Software

1-10 of 42

Next

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.