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SaaS Alerts, Inc.

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Year established

2020

Location

Wilmington NC US

Primary Industry

IT Security/Cybersecurity

About

Based in North Carolina, US and founded in 2020, SaaS Alerts Inc operates as a cybersecurity company that helps managed service providers to protect their customer’s core business applications with a monitoring platform. The company was founded by Charles Buck (CTO) and Seth Bostock. In September 2020, Insight Partners invested USD 22 million in SaaS Alerts, Inc. The investment will be used by the company for further growth and development of its SaaS platform. The company is currently led by its CEO Jim Lippie. As of 2022, the company has more than 500 MSP partners with more than 400,000 end-users protected. It offers protection to managed service providers from data theft, data that are left at risk, and actions taken by bad actors. It can work with most of the popular SaaS applications and offers monitoring services for popular MSP tools. It helps MSPs to protect their business and allows security posture for their clients. The SaaS security platform protects the SaaS applications including Microsoft 365, Google Workspace, Salesforce, Slack, and Dropbox. PSA tool generates an immediate alert that helps its clients to stop data theft, data-at-risk, and bad actors
Current Investors
Insight Partners

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Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Monitoring & Security Software
Website
www.saasalerts.com
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only

Deals

Deals Type
Growth
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed SaaS Alerts, Inc. 08 Sep 2022
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