Security startup Sysdig used this pitch deck to raise $70 million - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

San Francisco's Sysdig used this pitch deck to help investors focus on a giant cloud opportunity, and it wound up raising $70 million

San Francisco-based Sysdig offers a service that helps companies keep tabs on and secure applications developed using containers.Sysdig's system allows customers to monitor the performance of their containerized applications, maintain the security of the their apps and data, and ensure regulatory compliance.When it comes to software development, containers are taking over the world.

In particular, development teams using containers and Kubernetes want to be able to monitor the performance of their containerized applications, Vasudevan said. They also want to ensure the security of their applications and data. And they want to make sure that the data they're moving around inside their containers is done in a way that's compliant with regulatory standards, he said.

Sysdig has gained a significant following among enterprise companies, Vasudevan said. It now has hundreds of corporate customers, including at least 60 in the Fortune 1000, Vasudevan said. Among them are those that rank among the top five largest in the software, investment banking, commercial banking, and telecommunications industries, he said.

What's happening in the software industry with containers is a "once in a decade, once in 2 decades kind of transformation," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

BREAKING: The number of fatal heroin and fentanyl overdoses in San Francisco more than doubled in 2019, according to preliminary annual statistics obtained by The Chronicle.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Personio: Insurtech startup raises $75 million without pitch deck - Business Insider'We were already well funded from our round last year but when Accel and Lightspeed come calling you have to take it.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Personio: Insurtech startup raises $75 million without pitch deck - Business Insider'We were already well funded from our round last year but when Accel and Lightspeed come calling you have to take it.'
Source: BusinessInsider - 🏆 729. / 51 Read more »

Email startup Front just raised $59 million in Series C funding - Business InsiderThe CEO behind one of the hottest IPOs of 2019 just helped email startup Front raise $59 million in a push to reinvent business email and take on Microsoft Outlook
Source: BusinessInsider - 🏆 729. / 51 Read more »

How crossborder payments works for tech companies using startup dlocal - Business InsiderPayments startup dLocal just expanded its Amazon partnership. We talked to its CEO about how to build infrastructure that lets Uber and Netflix accept local payments around the world.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Blossom Capital: European VC raises $185 million to invest like Silicon Valley - Business InsiderBlossom Capital, founded by former general partner at LocalGlobe and principal at Index Ventures Ophelia Brown, has raised an additional $185 million.
Source: BusinessInsider - 🏆 729. / 51 Read more »