- technology distributor TD Synnex;
- AI technology solutions provider Veritone; and
- and Corteva Agriscience, a publicly traded agri-science company.
Securonix Funding, Financial Backers and Business Growth
The Securonix CEO change surfaces less than a year after Vista Equity Partners led a $1 billion growth investment in the business. Volition Capital and Eight Roads Ventures also participated in the round. Additional investors that eventually surfaced included:- Capital One Ventures;
- Snowflake Ventures, the venture capital arm of the cloud data giant;
- Verizon Ventures, the VC arm of the telecom giant; and
- Wipro Ventures, the investment arm of Wipro, which has a Top 250 MSSP business unit.
- 100% SaaS ARR (annual recurring revenue) growth;
- 240% Year over Year (YoY) new MSSP logo bookings growth; and
- 100% YoY employee headcount growth, eclipsing 1,000 employees worldwide.
Securonix CEO Transition: Executive Perspectives
In a prepared statement about the executive succession, new CEO Nayaki Nayyar said:“I am super proud to join Securonix, an exceptionally innovative pioneer that has redefined the SIEM market, has been named a leader in SIEM by Gartner four years in a row and set the standard for cloud-native security analytics and operations. Securonix has achieved excellence across multiple domains, including product innovation in Next-Gen SIEM, UEBA and SOAR, threat detection/hunting, data science, and operations, and is now poised to scale its operations and reach. I look forward to working with the team at Securonix to achieve our mission to address the cybersecurity challenges faced by organizations globally.”
“On behalf of the Board of Directors, I am delighted to welcome Nayaki to the Securonix team. Securonix is well-positioned for sustained long-term growth with the industry leading solution in the SIEM, UEBA and SOAR markets and strategic GTM partnerships with Snowflake and AWS. Nayaki’s track record of innovative corporate leadership and deep subject matter expertise make her the right leader to guide Securonix through its next phase of growth.”
“Nayaki is a seasoned software product leader with distinctive experience building operationally excellent platforms, while simultaneously helping customers migrate to a seamless cloud experience. Her deep product experience, coupled with her stellar track record of scaling businesses and building global teams, make her the ideal leader to push Securonix even farther ahead of its peers in both product capabilities and customer experience.”
