About Demisto
Demisto is a Government & Social Sector company based in Tel Aviv (Israel) founded in 2015, and was acquired by Palo Alto Networks in February 2019. It operates as an automated incident response forensics platform solution. It operates in the Government & Social Sector, Professional & Legal Services, and Technology sectors. Demisto has raised $69.8 million across 4 funding rounds from investors including Slack, Palo Alto Networks and Accel. Its focus areas include Enterprise Infrastructure, Cybersecurity, Security Analytics and Incident Response. Its competitors include Flock Safety, Mandiant, CRITICALSTART, Mitiga and Cado Security and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Demisto was founded in 2015 in Tel Aviv, Israel, within the cybersecurity sector. Automated incident response and forensics platforms are developed by the company. A free service named DBOT is provided to analyze Slack communications for risks in files, URLs, and IP addresses. Malware detection is enabled through integrations with IBM X-Force Exchange, VirusTotal, and ClamAV. Co-founders experience from Intel Security, McAfee, and IDF service is noted in operations.
- Headquarters Tel Aviv, Israel
- Stage Acquired
- SectorsGovernment & Social SectorProfessional & Legal Services Technology
- Website demisto.com
- Social LinkedIn X
- Acquired by Palo Alto Networks (Feb 2019)
- Total Equity Funding$69.8M (USD)
in 4 rounds
- Latest Funding Round$43.8M (USD), Series C
Oct 2018
- InvestorsSlack
& 6 more
- Acquired byPalo Alto Networks
(Feb 2019)
Funding Insights of Demisto
Demisto has successfully raised a total of $69.8M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $43.8 million completed in October 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $69.8M
- Total Rounds 4
- Last Round Series C — $43.8M
- First Round $6M
(May 2016)
- Investors Count 6
All 4 funding rounds of Demisto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
7 investors in total: 7 institutional.
Investors in Demisto
Demisto has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Slack, Palo Alto Networks and Accel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | - | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
ClearSky is engaged in venture capital and growth equity investments. | – | clear-sky.com | West Palm Beach, United States | |
Seed-stage venture capital is invested in US tech companies. | – | secureoctane.com | Lewes, United States | |
Cloud-based team communication and collaboration platform is provided. | 2009 | slack.com | San Francisco, United States | |
Wipro is recognized as a consulting-led, AI-powered technology services company. | 1945 | wipro.com | Bengaluru, India | |
AI and cloud-based platforms are utilized for cybersecurity solutions. | 2005 | paloaltonetworks.com | Santa Clara, United States |
Investor details for Demisto
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Demisto
1169 people are tracked at Demisto (370 in leadership, 10 in board & advisors, 789 in team).
| Name | Role | Group |
|---|---|---|
Josh Howard | Senior Director, Engineering, Prisma Cloud | Leadership |
Nikesh Arora | Chairman CEO | Leadership |
Cinda Muterspaugh | Area Vice President, Strategics Central | Leadership |
Michala Hart | Director Partner Services - Emea-latam | Leadership |
Alvin Po | Head, N. America Sales Fp&a | Leadership |
Doug Olenic | Director, Systems Engineering | Leadership |
Kirti Talwar | Vice President, Accounting Operations | Leadership |
Toby Ann Liftee | Director Of Professional Services | Leadership |
Mandeep Grewal | Director Of Technical Support And Operations | Leadership |
Sarit Tager | VP Product Management | Leadership |
Florian Hartwig | VP & Managing Director Germany | Leadership |
Edgardo Perez | Director, People And Inclusion Programs | Leadership |
Debajit Kataki | Sr. Director - Site Reliability Engineering ( SRE ) , Finops | Leadership |
Murthy Pappu | Sr. Director - Strategic Planning, Business Operations And TPM | Leadership |
Srinivas Ramakanth Avasarala | Vice President Of Product Management | Leadership |
Anupam Upadhyaya | Senior Vice President, Product Management, Prisma SASE | Leadership |
Amit K. Singh | Chief Business Officer | Leadership |
Lee Klarich | Chief Product & Technology Officer And Board Member | Leadership |
Nir Zuk | Founder & CTO | Leadership |
Hameedah Merchant | Director People Business Partner | Leadership |
1149 more people are available in the full profile.
Complete people profiles for Demisto
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Demisto
4 dated milestones of Demisto across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Demisto is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series C, of $43.8M.
- Exit Acquired by Palo Alto Networks.
Competitors of Demisto
Demisto has 8 listed competitors in our database, 8 of them funded. They include Flock Safety, Mandiant, CRITICALSTART, Mitiga and Cado Security, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flocksafety.com | 2017 | Atlanta, United States | $657.58M | 1,091 | Public safety is managed via cloud-based vehicle surveillance systems. | |
| mandiant.com | 2004 | Milpitas, United States | $69.99M | 459 | Provider of threat prioritization based cyber incident response | |
| criticalstart.com | 2012 | Plano, United States | $255M | 259 | Provider of cyber security managed solutions | |
| mitiga.io | 2019 | New York, United States | $70.69M | – | Cloud threat detection, investigation, and response platform is provided. | |
| cadosecurity.com | 2020 | London, United Kingdom | $31.5M | – | Cloud investigation and response automation is provided for security teams. | |
| kelacyber.com | 2009 | Tel Aviv, Israel | $89M | 2 | Platform provides actionable intelligence digital security risks | |
| gem.security | 2022 | New York, United States | $34M | – | Cloud threats are managed via security and incident response solutions. | |
| expel.com | 2016 | Herndon, United States | $288.8M | 448 | Managed detection and response provider |
Detailed competitors of Demisto
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Top companies in GovTech
10 companies that operate in the same segment as Demisto (GovTech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Axon is focused on developing public safety technology solutions. | 1993 | Scottsdale, Arizona, United States | – | USD 2.78 B | 4,100 | |
Administrative tools and civic engagement platforms are provided to governments. | 1999 | San Ramon, California, United States | USD 235.62 M | – | – | |
Cloud-based software for visualizing municipal financial data is provided. | 2012 | Redwood City, California, United States | USD 182.12 M | USD 2.39 M | 90 | |
A platform for connecting homeowners with local service professionals is operated. | 2011 | Kansas City, Missouri, United States | USD 30.55 M | – | – | |
Provider of digital signature certificates, PKI, and e-signature solutions | 2008 | Bengaluru, Karnataka, India | USD 26.23 M | USD 74.82 M | 851 | |
Online emergency communication and response system | 2012 | New York, New York, United States | USD 507.54 M | – | 323 | |
Public safety is managed via cloud-based vehicle surveillance systems. | 2017 | Atlanta, Georgia, United States | USD 657.58 M | – | 1,443 | |
AI-based solutions for government decision-making are provided using citizen feedback. | 2014 | Tel Aviv, Israel | USD 94.7 M | – | – | |
A mobile-based payment platform is provided for government agencies. | 2013 | Kansas City, Missouri, United States | USD 271.85 M | – | – | |
Website development, HR management, and emergency notification systems for government agencies | 1998 | Manhattan, New York, United States | USD 456.29 M | – | – |
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Related news about Demisto
Complete news archive for Demisto
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Frequently Asked Questions about Demisto
Demisto was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Demisto is headquartered in Tel Aviv, Israel.
Demisto is a funded company, having raised a total of $69.8M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on May 2016.
Demisto was founded in 2015 in Tel Aviv, Israel, within the cybersecurity sector. Automated incident response and forensics platforms are developed by the company. A free service named DBOT is provided to analyze Slack communications for risks in files, URLs, and IP addresses. Malware detection is enabled through integrations with IBM X-Force Exchange, VirusTotal, and ClamAV. Co-founders experience from Intel Security, McAfee, and IDF service is noted in operations.
Demisto's top competitors include Flock Safety, Mandiant and Mitiga.
Demisto has 7 investors. Key investors include Slack, Palo Alto Networks, Accel, Wipro, and Greylock Partners.
Yes. Demisto was acquired by Palo Alto Networks in February 2019.