The Top Security Software SaaS Companies

As of Jan 2020, these 23 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 23 companies with combined revenues of $679.4M.

These companies have raised a total of $844.3M. Together, these Security Software saas companies serve 4M customers and employ over 5K on their teams.

$0 - $1M ARR
  1. Fastpath $1.0M
  2. Sensorberg $574.0K
  3. Detectify $336.0K
  4. Apozy $168.0K
$1M - $5M ARR
  1. Paubox $1.2M
$5M - $10M ARR
  1. SpyCloud $10.0M
  2. Cygilant $8.0M
  3. Asaas $5.1M
$10M+ ARR
  1. Pingidentity $180.0M
  2. Malwarebytes $120.0M
  3. Centrify $100.0M
  4. DarkTrace $80.0M
  5. Signifyd $75.0M
  1. 01
    Fastpath

    Fastpath

    Security Software

    Fastpath's Audit Solutions work with SAP, Oracle

    $1.0M

    11

    2004

    Security Software

  2. 02
    Cyware Labs

    Cyware Labs

    Security Software

    Stay ahead of threats with our virtual cyber fus

    $1.0M

    $13.0M

    101

    2016

    Security Software

  3. 03
    Sensorberg

    Sensorberg

    Security Software

    $574.0K

    $5.0M

    20

    30

    2016

    Security Software

  4. 04
    Detectify

    Detectify

    Security Software

    Detectify is a website vulnerability scanner tha

    $336.0K

    $2.5M

    350

    25

    2012

    Security Software

  5. 05
    Apozy

    Apozy

    Security Software

    Stop malicious websites from causing damage.

    $168.0K

    $3.5M

    7

    4

    2013

    Security Software

  6. 06
    Defendry

    Defendry

    Security Software

    Defendry

    $38.4K

    $2.1M

    2

    2019

    Security Software

  7. 07
    Keystrokedna

    Keystrokedna

    Security Software

    Keystroke dynamics based behavioral biometric au

    $150.0K

    6

    2018

    Security Software

1-7 of 7

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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