What is Devo?
Devo Technology operates as a sophisticated cloud-native security analytics platform. By providing real-time data visibility and advanced threat detection, the company enables enterprise-level organizations to secure their digital infrastructure with confidence. Its market position is defined by its ability to handle massive data volumes, offering the scale and performance required by modern security operations centers (SOCs). As organizations increasingly migrate to cloud-centric architectures, Devo's role as a foundational security layer becomes increasingly critical, allowing teams to move beyond reactive measures toward proactive, data-driven defense strategies.
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 Atlantic Bridge Capital, Kibo Ventures, and Investing Profit Wisely
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 Kibo Factory, Insight Partners, Bessemer Venture Partners, Eurazeo, TCV, Georgian, and General Atlantic
Key Investors in Devo
Insight Partners
A private platform purpose-built for Insight Partners' portfolio company leaders, unifying over 500 software companies to foster connections and provide support as they scale.
Bessemer Venture Partners
A historic venture capital firm established in 1911, focusing on early-stage and growth-stage investments across global technology sectors.
General Atlantic
A global growth equity firm that provides capital and strategic support to high-growth companies in sectors such as technology, financial services, and healthcare.
What's next for Devo?
With the recent strategic investment, Devo is well-positioned to accelerate its product roadmap and expand its global market reach. The focus will likely shift toward deepening its artificial intelligence and machine learning capabilities to further automate threat hunting and incident response. Furthermore, the company is expected to leverage its strong investor syndicate to explore new geographic markets and enhance its enterprise service offerings. As the cybersecurity industry faces an evolving threat landscape, Devo's commitment to high-performance analytics will be central to its long-term growth strategy and its objective to become the standard for cloud-native security operations.
See full Devo company page
