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
    Foxpass

    Foxpass

    Security Software

    Making enterprise security practices available for all companies.

    $980K

    10

    2015

    Security Software

  2. 02
    Inscribe

    Inscribe

    Security Software

    API to identify fraudulent documents.

    $980K

    10

    2018

    Security Software

  3. 03
    Kobalt

    Kobalt

    Security Software

    Provider of cyber security monitoring-as-a-service intended to safeguard smaller organizations. The company's offering includes a combination of cloud and data at scale to address the complexity of the threat, providing clients with company security soluti

    $971K

    13

    2018

    Security Software

  4. 04
    Intruder

    Intruder

    Security Software

    Provider of a cloud-based security monitoring platform intended to secure internet-facing infrastructure. The company's security monitoring platform focuses on vulnerabilities and prioritizing the most critical threats by breaching the systems, enabling cl

    $965K

    15

    2015

    Security Software

  5. 05
    Digify

    Digify

    Security Software

    Provider of a cloud-based document storage platform designed to offer document security services. The company's platform uses built-in encryption, copy protection, watermarking and DRM technology to provide secure access, sharing and distribution of docume

    $948K

    24

    2011

    Security Software

  6. 06
    GigaTrust

    GigaTrust

    Security Software

    GigaTrust provides content security software solutions to reduce risks associated with data / intellectual property loss

    $934K

    $26M

    11

    2003

    Security Software

  7. 07
    Coredinate

    Coredinate

    Security Software

    Provider of a SaaS based application intended to increase the effciency of service companies. The company's SaaS based application offers a fully adequate security guard control system and supports employees through additional modules such as job managemen

    $930K

    16

    2012

    Security Software

  8. 08
    GarbleCloud

    GarbleCloud

    Security Software

    GarbleCloud's mission is to "make the cloud a better place to secure, share and work with your data"​. Today, businesses of all sizes perceive security to be a key risk in using public cloud services. They do not want to trust cloud services with their

    $918K

    11

    2013

    Security Software

  9. 09
    Euro Data Center

    Euro Data Center

    Security Software

    $913K

    11

    2014

    Security Software

  10. 10
    Delphiis

    Delphiis

    Security Software

    Provider of information security services through a SaaS platform. The company helps organizations manage their information security through professional services, managed services and licensing of their patented SaaS platform risk assessment.

    $908K

    11

    2011

    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.