What is Devo?
Devo Technology is recognized as the cloud-native security analytics platform designed to empower organizations by augmenting their teams with the speed, scale, and clarity necessary to secure their businesses with confidence. The platform provides advanced analytics capabilities to address complex security challenges in today's dynamic threat landscape. Devo's approach focuses on delivering actionable insights from vast amounts of security data, enabling proactive threat detection and response.
How much funding has Devo raised?
Devo has raised a total of $231M across 5 funding rounds:
Series A
$11M
Series B
$35M
Series C
$25M
Series D
$60M
Series F
$100M
Series A (2017): $11M with participation from Kibo Ventures, Investing Profit Wisely, and Atlantic Bridge Capital
Series B (2017): $35M led by Kibo Ventures and Insight Venture Partners
Series C (2018): $25M supported by Insight Venture Partners
Series D (2020): $60M featuring Insight Partners, Georgian, and Bessemer Venture Partners
Series F (2022): $100M backed by Georgian, Insight Partners, General Atlantic, Bessemer Venture Partners, TCV, Kibo, and Eurazeo
Key Investors in Devo
Insight Partners
Insight Partners is a global venture capital and private equity firm specializing in high-growth technology and software companies. Their investment in Devo suggests a focus on scaling enterprise software solutions.
Bessemer Venture Partners
Bessemer Venture Partners is a prominent venture capital firm with a long history of investing in early-stage and growth-stage technology companies. Their involvement indicates confidence in Devo's long-term potential.
General Atlantic
General Atlantic is a global growth equity firm that partners with leading companies in the technology, financial services, and consumer sectors. Their participation highlights Devo's significant market traction and growth prospects.
What's next for Devo?
With its recent major strategic investment and substantial total funding, Devo is poised for accelerated growth and innovation. The company is likely to focus on expanding its market reach, further developing its platform's advanced analytics and AI capabilities, and strengthening its partnerships within the cybersecurity ecosystem. This infusion of capital will support Devo's mission to provide enterprises with a robust and scalable solution for comprehensive security visibility and control, positioning it as a key player in the evolving cybersecurity market.
See full Devo company page
