Airframe

    The Software Leaderboard

    The largest cybersecurity companies

    Cybersecurity software companies worth $500M or more, ranked by value: security vendors, plus companies whose software is bought by security teams, such as network, identity and email security. 202 companies qualify. How the leaderboard is built

    RankCompanyValue
    1Cisco Systems
    1984 · San Jose, CA
    $448B
    2Palo Alto Networks
    2005 · Santa Clara, CA
    $307B
    3CrowdStrike Holdings
    2011 · Austin, TX
    $255B
    4Fortinet
    2000 · Sunnyvale, CA
    $135B
    5Cloudflare
    2009 · San Francisco, CA
    $115B
    6Thales
    1968 · Meudon, France
    $51.7B
    7Okta
    2009 · San Francisco, CA
    $37.0B
    8Zscaler
    2007 · San Jose, CA
    $36.0B
    9Wiz
    2020 · New York, NY
    $32.0B
    10Splunk
    2003 · San Jose, CA
    $28.0B
    11CyberArk
    1999 · Newton, MA
    $26.2B
    12F5
    1996 · Seattle, WA
    $25.9B
    13Gen Digital
    1982 · Tempe, AZ
    $14.2B
    14McAfee
    1987 · San Jose, CA
    $14.2B
    15Check Point Software
    1993 · Tel Aviv, Israel
    $13.7B
    16Akamai Technologies
    1998 · Cambridge, MA
    $13.2B
    17Proofpoint
    2002 · Sunnyvale, CA
    $12.3B
    18Cyera
    2021 · New York, NY
    $12.0B
    19SailPoint Technologies
    2005 · Austin, TX
    $11.0B
    20Tanium
    2007 · Emeryville, CA
    $9.00B
    21Netskope
    2012 · Santa Clara, CA
    $8.19B
    22SentinelOne
    2013 · Mountain View, CA
    $7.94B
    23Armis
    2016 · San Francisco, CA
    $7.75B
    24Snyk
    2015 · Boston, MA
    $7.40B
    251Password
    2005 · Toronto, Canada
    $6.80B
    26Qualys
    1999 · Foster City, CA
    $6.56B
    27Island
    2020 · Dallas, TX
    $6.40B
    28Mandiant
    2004 · Reston, VA
    $6.10B
    29Mimecast
    2003 · London, United Kingdom
    $5.80B
    30SandboxAQ
    2021 · Palo Alto, CA
    $5.75B
    31Darktrace
    2013 · Cambridge, United Kingdom
    $5.47B
    32Varonis
    2004 · Miami, FL
    $5.41B
    33Abnormal AI
    2018 · Las Vegas, NV
    $5.10B
    34Cato Networks
    2015 · Tel Aviv, Israel
    $4.80B
    35Blue Coat Systems
    1996 · Sunnyvale, CA
    $4.67B
    36KnowBe4
    2010 · Clearwater, FL
    $4.60B
    37NetScreen
    1997 · Sunnyvale, CA
    $4.20B
    38Tenable
    2002 · Columbia, MD
    $4.20B
    39Vanta
    2018 · San Francisco, CA
    $4.15B
    40Dataminr
    2009 · New York, NY
    $4.10B
    41Acronis
    2003 · Schaffhausen, Switzerland
    $4.00B
    42Barracuda Networks
    2003 · Campbell, CA
    $4.00B
    43Claroty
    2014 · New York, NY
    $4.00B
    44Fastly
    2011 · San Francisco, CA
    $3.98B
    45Arctic Wolf
    2012 · Eden Prairie, MN
    $3.91B
    46Upwind Security
    2022 · San Francisco, CA
    $3.80B
    47Imperva
    2000 · San Mateo, CA
    $3.70B
    48Sophos
    1985 · Abingdon, United Kingdom
    $3.61B
    49Chainguard
    2021 · Kirkland, WA
    $3.50B
    50Exclusive Networks
    2003 · Boulogne Billancourt, France
    $3.47B
    51Infoblox
    1999 · Santa Clara, CA
    $3.40B
    52Terra Quantum
    2019 · Saint Gallen, Switzerland
    $3.25B
    53Saviynt
    2010 · El Segundo, CA
    $3.00B
    54Nord Security
    2012 · Amsterdam, Netherlands
    $3.00B
    55DREAM
    2022 · Tel Aviv, Israel
    $3.00B
    56Illumio
    2013 · Sunnyvale, CA
    $2.98B
    57Ping Identity
    2002 · Denver, CO
    $2.80B
    58Checkmarx
    2006 · Paramus, NJ
    $2.78B
    59Transmit Security
    2014 · Boston, MA
    $2.74B
    60Recorded Future
    2009 · Somerville, MA
    $2.70B
    61Unico
    2007 · Sao Paulo, Brazil
    $2.60B
    62Axonius
    2017 · New York, NY
    $2.60B
    63Veracode
    2006 · Burlington, MA
    $2.50B
    64Sysdig
    2013 · San Francisco, CA
    $2.50B
    65Armadin
    2025 · Palo Alto, CA
    $2.50B
    66Sourcefire
    2001 · Columbia, MD
    $2.45B
    67BitSight
    2011 · Boston, MA
    $2.40B
    68Forcepoint
    1994 · Austin, TX
    $2.37B
    69Duo Security
    2010 · Ann Arbor, MI
    $2.35B
    70ForgeRock
    2010 · San Francisco, CA
    $2.34B
    71Arbor Networks
    2000 · Chelmsford, MA
    $2.30B
    72LifeLock
    2005 · Tempe, AZ
    $2.28B
    73Own Company
    2015 · Englewood Cliffs, NJ
    $2.11B
    74Carbon Black
    2002 · Waltham, MA
    $2.11B
    75RSA Security
    1982 · Burlington, MA
    $2.10B
    76Hornetsecurity
    2007 · Hanover, Germany
    $2.09B
    77Devo
    2011 · Boston, MA
    $2.00B
    78Drata
    2020 · San Diego, CA
    $2.00B
    79Orca Security
    2019 · Portland, OR
    $1.80B
    80Dragos
    2016 · Hanover, MD
    $1.77B
    81Lookout
    2007 · Boston, MA
    $1.75B
    82Securiti
    2019 · San Jose, CA
    $1.73B
    83Gigamon
    2004 · Santa Clara, CA
    $1.72B
    84ArcSight
    2000 · Cupertino, CA
    $1.70B
    85Sumo Logic
    2010 · Redwood City, CA
    $1.70B
    86Exein
    2018 · Rome, Italy
    $1.70B
    87Venafi
    2004 · Salt Lake City, UT
    $1.66B
    88Aura
    2017 · Boston, MA
    $1.60B
    89Huntress
    2015 · Columbia, MD
    $1.55B
    90Versa Networks
    2012 · Santa Clara, CA
    $1.53B
    91Tailscale
    2019 · Toronto, Canada
    $1.45B
    92ForeScout Technologies
    2000 · San Jose, CA
    $1.43B
    93Thycotic
    1996 · Washington, DC
    $1.40B
    94Evolon
    2001 · Dallas, TX
    $1.40B
    95Salt Security
    2016 · Palo Alto, CA
    $1.40B
    96Panther
    2018 · San Francisco, CA
    $1.40B
    97Contrast Security
    2014 · Pleasanton, CA
    $1.35B
    98AVG Technologies
    1991 · Prague, Czech Republic
    $1.33B
    99Internet Security Systems
    1994 · Atlanta, GA
    $1.30B
    100Keyfactor
    2001 · Independence, OH
    $1.30B
    101Magnet Forensics
    2010 · Waterloo, Canada
    $1.30B
    102BioCatch
    2011 · Tel Aviv, Israel
    $1.30B
    103Expanse
    2012 · San Francisco, CA
    $1.25B
    104Red Violet
    2017 · Boca Raton, FL
    $1.22B
    105Fortra
    1982 · Eden Prairie, MN
    $1.20B
    106ThreatLocker
    2017 · Orlando, FL
    $1.20B
    107Torq
    2020 · Tel Aviv, Israel
    $1.20B
    108Twenty
    2024 · Arlington, VA
    $1.20B
    109Glow
    2025 · Tel Aviv, Israel
    $1.20B
    110Tines
    2018 · Dublin, Ireland
    $1.13B
    111Vectra
    2010 · San Jose, CA
    $1.12B
    112SecurityScorecard
    2013 · New York, NY
    $1.10B
    113Teleport
    2015 · Oakland, CA
    $1.10B
    114Material Security
    2017 · Redwood City, CA
    $1.10B
    115Guardio
    2018 · Tel Aviv, Israel
    $1.10B
    116Beyond Identity
    2019 · New York, NY
    $1.10B
    117Yubico
    2007 · Stockholm, Sweden
    $1.07B
    118JupiterOne
    2018 · Durham, NC
    $1.07B
    119Expel
    2016 · Herndon, VA
    $1.06B
    120Shape Security
    2011 · Santa Clara, CA
    $1.02B
    121Aikido Security
    2022 · Ghent, Belgium
    $1.01B
    122Kitewire Mobility
    2007 · Arlington, VA
    $1.00B
    123Cyberhaven
    2014 · Austin, TX
    $1.00B
    124Aqua Security
    2015 · Ramat Gan, Israel
    $1.00B
    125BigID
    2015 · New York, NY
    $1.00B
    126Pentera
    2015 · Burlington, MA
    $1.00B
    127CHEQ
    2016 · Tel Aviv, Israel
    $1.00B
    128Fudo Security
    2016 · Newark, CA
    $1.00B
    129BlueVoyant
    2017 · New York, NY
    $1.00B
    130Veza
    2020 · Redwood City, CA
    $1.00B
    131Tenex.AI
    2024 · Sarasota, FL
    $1.00B
    132XBOW
    2024 · Seattle, WA
    $1.00B
    133Sublime Security
    2019 · Washington, DC
    $948M
    134Sectigo
    1998 · Scottsdale, AZ
    $900M
    135ExtraHop Networks
    2007 · Seattle, WA
    $900M
    136Corelight
    2013 · San Francisco, CA
    $900M
    137Zix
    1988 · Dallas, TX
    $895M
    138SafeNet
    1983 · Belcamp, MD
    $890M
    139MobileIron
    2007 · Mountain View, CA
    $872M
    140Absolute Security
    1993 · Vancouver, Canada
    $870M
    141Ontic
    2017 · Austin, TX
    $870M
    142Trusteer
    2006 · Boston, MA
    $850M
    143Cybereason
    2012 · San Diego, CA
    $850M
    144Resilience
    2016 · San Francisco, CA
    $850M
    145Iru
    2018 · Miami, FL
    $850M
    146Zama
    2020 · Paris, France
    $840M
    147DuckDuckGo
    2008 · Paoli, PA
    $839M
    148N-able Technologies
    2000 · Burlington, MA
    $839M
    149Rapid7
    2000 · Boston, MA
    $834M
    150HackerOne
    2012 · San Francisco, CA
    $829M
    151ThreatMetrix
    2005 · San Jose, CA
    $814M
    152Menlo Security
    2012 · Mountain View, CA
    $800M
    153Nozomi Networks
    2013 · San Francisco, CA
    $800M
    154CyCognito
    2017 · Palo Alto, CA
    $800M
    155Signal Sciences
    2014 · Culver City, CA
    $759M
    156SecureWorks
    1999 · Atlanta, GA
    $751M
    157Coro
    2015 · Chicago, IL
    $750M
    158SGNL
    2021 · Palo Alto, CA
    $740M
    159BeyondTrust
    2006 · Johns Creek, GA
    $739M
    160Acuant
    1999 · Los Angeles, CA
    $736M
    161Exaforce
    2023 · San Jose, CA
    $720M
    162Mitek Systems
    1986 · San Diego, CA
    $712M
    163Skybox Security
    2002 · San Jose, CA
    $700M
    164Protect AI
    2022 · Seattle, WA
    $700M
    165Vega
    2023 · Tel Aviv, Israel
    $700M
    166Silverfort
    2016 · Plano, TX
    $696M
    167Callsign
    2010 · London, United Kingdom
    $671M
    168Horizon3.ai
    2019 · Dover, DE
    $660M
    169Red Canary
    2013 · Denver, CO
    $651M
    170Semperis
    2013 · Hoboken, NJ
    $651M
    171Isovalent
    2016 · Milpitas, CA
    $650M
    172OneSpan
    1991 · Boston, MA
    $648M
    173Sontiq
    2001 · Framingham, MA
    $643M
    174Kount
    2007 · Boise, ID
    $640M
    175Onyx Security
    2024 · Tel Aviv, Israel
    $640M
    176OpenDNS
    2015 · San Francisco, CA
    $635M
    177Endor Labs
    2021 · Palo Alto, CA
    $635M
    178Filigran
    2022 · Paris, France
    $628M
    179Bishop Fox
    2005 · Tempe, AZ
    $627M
    180Malwarebytes
    2008 · Santa Clara, CA
    $625M
    181Invicti Security
    2009 · Austin, TX
    $625M
    182Adaptive
    2024 · New York, NY
    $606M
    183BitDefender
    2001 · Bucharest, Romania
    $600M
    184Doppel
    2022 · Covina, CA
    $600M
    185Tufin Software Technologies
    2005 · Boston, MA
    $570M
    186Alice
    2018 · Tel Aviv, Israel
    $561M
    187VGS
    2015 · San Francisco, CA
    $550M
    188Postini
    1999 · San Carlos, CA
    $546M
    189Immersive Labs
    2017 · Bristol, United Kingdom
    $545M
    190Attivo Networks
    2011 · Fremont, CA
    $535M
    191Axent
    1994 · Rockville, MD
    $529M
    192Zimperium
    2010 · Dallas, TX
    $525M
    193AppOmni
    2018 · San Mateo, CA
    $525M
    194Virsec
    2013 · San Jose, CA
    $515M
    195Dashlane
    2009 · New York, NY
    $505M
    196Kiteworks
    1999 · San Mateo, CA
    $500M
    197RiskIQ
    2003 · San Francisco, CA
    $500M
    198Delinea
    2004 · San Francisco, CA
    $500M
    199Virtru
    2012 · Washington, DC
    $500M
    200Siemplify
    2015 · New York, NY
    $500M
    201Uptycs
    2016 · Lexington, MA
    $500M
    202Obsidian
    2017 · Newport Beach, CA
    $500M

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