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Permira led a $350m Series G round in Sysdig.

Financials

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Transaction Value£264m
Consideration TypeCash
Capital Owned-
Capital Bid For14%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

DevOps

Software

Single Bidder

Cross Border

Venture Capital

Minority

Acquisition

Friendly

Private Equity

Completed

software

Synopsis

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Permira, an investment firm, led a $350m Series G round in Sysdig, a cloud security company. Additional investors included Guggenheim Investments, Accel, Bain Capital Ventures, DFJ Growth, Glynn Capital, Goldman Sachs, Insight Partners, Next47, Premji Invest & Associates, and Third Point Ventures. “We’ve seen massive investor interest in Sysdig as the cloud security market is experiencing hyper growth. Cloud adoption has accelerated into the mainstream, and as a result, demand for Sysdig and Falco have skyrocketed. Cloud security teams quickly realize the importance of runtime threat detection for containers and cloud, and Sysdig is the clear choice," Suresh Vasudevan, Sysdig CEO.

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