The funding allows the company to make significant investments in talent acquisition globally.
Securonix, the threat detection and response provider, has received over $1 billion in growth capital funding.
Vista Equity Partners led the funding for Securonix with participation from Volition Capital and Eight Roads Ventures. Securonix will continue its hyper-growth trajectory while meeting record customer demand.
Securonix offers a SaaS platform for shared security analysis, operations and response. It offers complete visibility, advanced detection and response, and unlimited scalability.
Securonix serves five of the Global Fortune 10. Over the past 12 months, its annual recurring SaaS revenue (ARR) has increased 100% and MSSP customer bookings have increased 240%.
Vista Equity Partners, a global investment firm, focuses on enterprise software, data and technology-driven companies.
Acceleration of investments
Sachin Nayyar is the CEO and co-founder of Securonix.
“Securonix is driven by technology innovation and a passionate mission to address the cybersecurity challenges facing organizations globally,” he said. “We are solving a very challenging problem that requires excellence in multiple areas including product engineering, threat detection/hunting, data science, and operations. This funding will help us accelerate investments in these areas and to continue to provide world-class service to our customers.”
New Securonix Funding Enables Company to Make Significant Investments in Global Talent Acquisition, Adding Senior Executives in Engineering, Cloud Operations, Threat Labs, Sales and Marketing .
Michael Fosnaugh is co-manager of Vista Equity Partners flagship fund and senior managing director.
“As a next-generation SaaS company with a strong leadership team, a differentiated platform and a passionate customer base, Securonix leads the security information and event management markets. (SIEM) and Extended Detection and Response (XDR) at a time of significant transformation,” he said, “We look forward to supporting the entire Securonix team to help advance their vision and set the standard. in modern security analysis and operations.