What is DevonWay?
DevonWay offers a robust suite of software solutions designed to streamline workflows and ensure regulatory compliance for organizations operating in high-stakes sectors. The platform, which is available via both cloud and on-premise deployment models, enables enterprises to collect, analyze, and report on operational data with high precision. By integrating no-code configurability with out-of-the-box production readiness, the company addresses the unique requirements of its clients while maintaining enterprise-grade security and scalability. This dual approach allows DevonWay to serve as a foundational tool for companies that cannot afford operational downtime or compliance failures.
How much funding has DevonWay raised?
DevonWay has raised a total of $21.1M across 4 funding rounds:
Series B
$6.5M
Series A
$6.5M
Series C
$7M
Debt
$1M
Series B (2008): $6.5M with participation from Crosslink Capital
Series A (2008): $6.5M led by Crosslink Capital
Series C (2010): $7.1M supported by Crosslink Capital
Debt (2020): $1M featuring PPP
Key Investors in DevonWay
Crosslink Capital
Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies. With a focus on seed and Series A investments, the firm leverages its proprietary Alpha network to provide strategic advantages to its portfolio companies.
PPP
Public-Private Partnership
What's next for DevonWay?
With the recent capital injection, DevonWay is well-positioned to accelerate its product development roadmap and expand its footprint within the industrial and regulated sectors. The company's focus on no-code configurability suggests a strategic pivot toward greater user autonomy, allowing clients to adapt to shifting regulatory landscapes without extensive custom development. As the demand for digitized safety and quality management systems continues to rise, DevonWay is expected to leverage its established market presence to capture additional enterprise-level contracts, further cementing its role as a critical partner for organizations managing complex, high-risk workflows.
See full DevonWay company page
