Sysdig, a platform which monitors the performance and security of containers, has raised $68.5m to back expansion. The new investment, which takes the company's overall funding to $121.5m, came from Insight Venture Partners, Bain Capital Ventures and Accel. Sysdig said the money would be used to expand the company's products and services, with downloads of one of its main services tripling in the past year. “Enterprises are adopting cloud-native technology for its speed of development, multi-cloud scaling capabilities, and lower total cost of ownership,” said Suresh Vasudevan, CEO at Sysdig, in a statement. In addition to the funding, Symantec's shares have surged more than 50% since last week, when it announced that it had received an investment round led by Kleiner Perkins Caufield & Byers.
Sysdig, a platform which monitors the performance and security of containers, has raised $68.5m to back expansion. The new investment, which takes the company's overall funding to $121.5m, came from Insight Venture Partners, Bain Capital Ventures and Accel. Sysdig said the money would be used to expand the company's products and services, with downloads of one of its main services tripling in the past year. In addition to the funding, Symantec's shares have surged more than 50% since last week, when it announced that it had received an investment round led by Kleiner Perkins Caufield & Byers.