About Devo
Devo is a company based in Cambridge (United States) founded in 2011 by Daniel Garcia, Juana Nunez Garcia, and Pedro Palao. Devo has raised $483.97 million across 7 funding rounds from investors including Bessemer Venture Partners, General Atlantic and Eurazeo. Devo has completed 2 acquisitions, including Kognos and LogicHub. Devo offers products and services including Security Data Platform, Data Analytics Cloud, and Integrations. Devo operates in a competitive market with competitors including Splunk, Sumo Logic, ThoughtSpot, Exabeam and Looker, among others.
- Headquarter Cambridge, United States
- Founders Daniel Garcia, Juana Nunez Garcia, Pedro Palao
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Devo Technology Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$483.97 M (USD)
in 7 rounds
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Latest Funding Round
$100 M (USD), Series F
Jun 02, 2022
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Investors
Bessemer Venture Partners
& 9 more
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Employee Count
Not available
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Investments & Acquisitions
Kognos
& 1 more
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Products & Services of Devo
Devo offers a comprehensive portfolio of products and services, including Security Data Platform, Data Analytics Cloud, and Integrations.
Platform for real-time threat detection and incident response
Provides real-time data analytics for security operations
Enables third-party integrations for unified security ecosystems
People of Devo
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Funding Insights of Devo
Devo has successfully raised a total of $483.97M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $100 million completed in June 2022. 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.
Investors in Devo
Devo has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, General Atlantic and Eurazeo.
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Private equity and debt investments are managed across multiple sectors.
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Investment firm scaling software and technology companies from early to late stages.
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Venture capital is invested in global technology companies by TCV.
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Investor details for Devo
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- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Devo
Devo has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kognos and LogicHub.
Investment portfolio details for Devo
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-based security automation is provided for incident response orchestration.
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Limited information available
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Complete acquisition details for Devo
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Devo
Detailed financials for Devo
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- Profit trends
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Devo Comparisons
Peer comparison for Devo
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- Named peers
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Competitors of Devo
Devo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Splunk, Sumo Logic, ThoughtSpot, Exabeam and Looker, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud based platform offering IT operational data and security analytics software
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Cloud-based log management and security analytics solutions are delivered.
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AI-powered text data analytics platform is provided for enterprises.
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SIEM platform for threat detection and response is provided.
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Cloud-based data integration and visualization platforms are provided for enterprises.
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Cloud-based visual analytics and data visualization software are provided.
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Detailed competitors of Devo
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- Domains and locations
- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Devo
Complete news archive for Devo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Devo
Devo was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Devo is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Golabodin Hesmat is the current CEO of Devo.
Devo is a funded company, having raised a total of $483.97M across 7 funding rounds to date.
Founded in 2011 and based in Cambridge, United States, Devo operates in the data analytics sector. A visual platform is provided to enterprises for real-time analysis of security, business operations, customer data, and logs. Streaming data is collected from applications, infrastructure, IoT devices, log files, and historical sources. Correlations are established, reports are generated, and data is visualized through charts and graphs to identify trends.
Devo's top competitors include Splunk, Sumo Logic and Tableau.
Devo offers Security Data Platform, Data Analytics Cloud, and Integrations.
Devo has 10 investors. Key investors include Bessemer Venture Partners, General Atlantic, Eurazeo, Georgian, and Kibo Ventures.
The valuation of Devo is $2B as of Jun 2022.