Sysdig raises Series E funding
Gunderson Dettmer client and container intelligence platform Sysdig announced its $70 million Series E financing. The latest round of funding was led by Insight Partners. Previous investors Bain Capital Ventures and Accel participated, with Glynn Capital and Goldman Sachs also joining this round.
In the announcement of the financing, Managing Partner at Insight Partners Richard Wells said, “We invest in high-growth companies that are disrupting the old way of doing things, companies that will lead this decade-long transition. Sysdig’s novel approach of providing a single source of truth for both security and monitoring for container-based applications has proven more effective, more scalable, and higher ROI.”
The Gunderson Dettmer deal team was led by Michael Irvine and included Colin Conklin and Matthew Weber.