About deviceTRUST
deviceTRUST is a company based in Darmstadt (Germany) founded in 2016 by Jens Ulrich Schmidt, Robert Jonathan Allsop, and Sascha Goeckel was acquired by Citrix in December 2024.. deviceTRUST offers products and services including deviceTRUST Software and Client Extension.
- Headquarter Darmstadt, Germany
- Founders Jens Ulrich Schmidt, Robert Jonathan Allsop, Sascha Goeckel
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- Legal Name Devicetrust Gmbh
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Products & Services of deviceTRUST
deviceTRUST offers a comprehensive portfolio of products and services, including deviceTRUST Software and Client Extension. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A solution that is utilized to add an additional level of security to Zero Trust strategies through rich context information and real-time actions
A management-free component that is employed for context determination in digital workspaces
Funding Insights of deviceTRUST
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2019 | Amount | Series A - deviceTRUST | Valuation | Hessen Kapital , HTGF |
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| Aug, 2017 | Amount | Seed - deviceTRUST | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in deviceTRUST
deviceTRUST has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Citrix, Hessen Kapital and High-Tech Gründerfonds. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investments are made in high-tech startups by HTGF.
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Offers equity financing for company founding, innovation, and growth in Hessen.
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Cloud-based virtualization for networks and desktops is delivered to businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by deviceTRUST
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - deviceTRUST
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Devicetrust Comparisons
Competitors of deviceTRUST
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about deviceTRUST
When was deviceTRUST founded?
deviceTRUST was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is deviceTRUST located?
deviceTRUST is headquartered in Darmstadt, Germany. It is registered at Darmstadt, Hesse, Germany.
Who is the current CEO of deviceTRUST?
Sascha Goeckel is the current CEO of deviceTRUST. They have also founded this company.
What does deviceTRUST do?
deviceTRUST was established in 2016 in Darmstadt, Germany, within the IT sector. Services encompassing hardware provisioning, software development, network management, and security implementations are offered to clients. Operations are based in Europe, focusing on infrastructure support and risk mitigation for businesses. Leadership is provided by co-founders Jens Ulrich Schmidt and Robert Jonathan Allsop as Managing Directors, alongside Sascha Goeckel as CEO.
What products or services does deviceTRUST offer?
deviceTRUST offers deviceTRUST Software and Client Extension.
Who are deviceTRUST's investors?
deviceTRUST has 3 investors. Key investors include Citrix, Hessen Kapital, and High-Tech Gründerfonds.
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