Sysdig has recently announced a new funding round (series G) of $350M, doubling its valuation from $1.2B to $2.5B. This round happened just 8 months after a series F $188M round — in this 8-month period Sysdig has grown its enterprise customer base from 450 to nearly 700 — and now the company has raised a total of $744M since it was founded in 2014.
In a nutshell, Sysdig is a SaaS platform, built on an open-source stack, to securely run containers and Kubernetes.
It seems quite complicated at first sight. So, in order to understand Sysdig’s offering, it is necessary first to understand what containers and Kubernetes are.
A container is a standard unit of software that packages up a complete runtime environment – the code and all its dependencies, the supporting files, and the configuration settings. Thus, a single container can be used to run anything.
The greatest benefit of containers is the ample degree of modularity they offer; you can break the entire complex application into a number of modules and make different containers for each of these modules — this is known as a microservices approach. Moreover, by containerizing, the differences in the environment infrastructure can be extracted away.
That’s why everything at Google, Amazon, etc. runs in containers.
Of course, there is the need to manage containers and to establish communication among them. For this, Kubernetes (an open-sourced project led by Google) has emerged as the de facto standard for container scheduling and orchestration.
Containers and Kubernetes are maturing rapidly, and they are becoming the preferred way to build new software experiences and modernize existing apps at scale and across clouds.
In this scenario — rise of container technology and increased use of microservices — Sysdig has become a leading platform for containers and Kubernetes security.
Fabrica Ventures, an earlier investor in Sysdig, can only applaud!