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New Deal


Announced

Completed

Premji Invest and Third Point Ventures led a $188m investment round in Sysdig.

Financials

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Transaction Value£135m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private Equity

Completed

United States

Private

Acquisition

Software

Domestic

DevOps

Minority

Venture Capital

Synopsis

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Premji Invest and Third Point Ventures led a $188m investment round in Sysdig, the secure DevOps provider. This round had participation from Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, and Next47. “The current security stack based on a firewall mentality and promoted by incumbents is irrelevant in the cloud. Sysdig takes a secure DevOps approach, allowing teams to ship cloud apps faster while managing security risk. They built on an open source security stack, which we see accelerates innovation and adoption,” Enrique Salem, Bain Capital Ventures Partner.

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