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
    FRISS

    FRISS

    Security Software

    Developer of a ready-to-use fraudulence detecting software designed to detect risk, eliminate fraud and secure compliance. The company's fraudulence detecting software uses proprietary analytics and indexes to mitigate risk for any application, policy or c

    $5M

    $101M

    162

    2006

    Security Software

  2. 02
    Salt Security

    Salt Security

    Security Software

    Salt detects and prevents zero-day API attacks with the power of AI. Deploys in minutes. No configur...

    $5M

    50

    2016

    Security Software

  3. 03
    Skyhigh Networks

    Skyhigh Networks

    Security Software

    Provider of cloud visibility software designed to protect data in the cloud against cyber threats. The company's Cloud Access Security Broker (CASB) software allows to gain visibility, manage threats, ensure compliance and protect corporate data across sha

    $5M

    $107M

    98

    2012

    Security Software

  4. 04
    DPOrganizer

    DPOrganizer

    Security Software

    The DPOrganizer privacy management software helps map, visualize and manage processing of personal data. We turn privacy professionals into privacy heroes.

    $5M

    $7M

    51

    2015

    Security Software

  5. 05
    Asurint

    Asurint

    Security Software

    Developer of a background screening software platform. The company's platform collects information and transforms data into insights to offers background screening reports to employers and volunteer organizations, enabling them to make fast, intelligent hi

    $5M

    $300K

    199

    2006

    Security Software

  6. 06
    Sucuri

    Sucuri

    Security Software

    Provider of website protection services designed to protect website from emerging online threats. The company's security platform offerings include virtual patching and hardening technology via website application firewall (WAF) and intrusion prevention sy

    $5M

    55

    2010

    Security Software

  7. 07
    Secure-Server

    Secure-Server

    Security Software

    Secure. Built on a Solid foundation in a well established neighborhound

    $5M

    5

    2009

    Security Software

  8. 08
    EScan

    EScan

    Security Software

    Developer of enterprise security software designed to provide protection against cyber threats. The company's enterprise security software includes anti-virus, anti-spyware, content security, anti-spam and network intrusion prevention software, enabling en

    $4M

    161

    1993

    Security Software

  9. 09
    Anjuna

    Anjuna

    Security Software

    Full-stack hardware-level encryption without changing applications

    $4M

    $42M

    500

    20

    2018

    Security Software

  10. 10
    Core-Security

    Core-Security

    Security Software

    Core Security is an American computer and network security company that provides an attack intelligence platform, vulnerability management and network penetration testing measurement software products and services.

    $4M

    51

    1996

    Security Software

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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.