About Fyde
Fyde is a Technology company based in Palo Alto (United States) founded in 2017 by Sinan Eren, Pablo German Sole, Luisa Lima, and Jose Luis Pereira, and was acquired by Barracuda in November 2020. Identity protection is delivered via application-driven security solutions. Fyde has raised $5.25 million across 2 funding rounds from investors including Barracuda, Wells Fargo and DNX Ventures. The company has 3 employees. Its chief executive, as recorded, is Sinan Eren. Fyde offers products and services including Zero Trust Access and Secure Contractor Access. Its focus areas include Enterprise Infrastructure, Cybersecurity, Network Security and Remote Access. Its legal entity is FYDE, INC. Its competitors include Twingate, Teleport and Kona; 3 of its 3 listed competitors have raised funding.
Company details
Fyde was established in 2017 in Palo Alto, United States, within the cybersecurity sector. Solutions for identity protection are offered through an application-driven approach, focusing on the prevention of phishing, identity theft, and account takeover incidents. Secure access to applications and infrastructure is facilitated by the companys products, supporting organizations in managing digital risks across various operations.
Products & Services of Fyde
Fyde offers a comprehensive portfolio of products and services, including Zero Trust Access and Secure Contractor Access.
Platform for secure access to apps with granular controls and monitoring.
Solution for third-party access to corporate resources without VPNs.
Funding Insights of Fyde
Fyde has successfully raised a total of $5.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.25 million completed in July 2019. 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 $5.25M
- Total Rounds 2
- Last Round Seed — $2.25M
- First Round $3M
(Apr 2018)
- Investors Count 5
All 2 funding rounds of Fyde with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2019 | $2.25M | Seed | – | DNX Ventures | |
| Apr 2018 | $3M | Seed | – | DNX Ventures, Vertex Ventures | – |
6 investors in total: 6 institutional.
Investors in Fyde
Fyde has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Barracuda, Wells Fargo and DNX Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in B2B sectors are made by DNX Ventures. | dnx.vc | San Mateo, United States | ||
Investment in cybersecurity, retail technologies, and emerging sectors through venture capital. | brpx.com | |||
Stage-agnostic investments in tech and life sciences sectors are pursued. | portugalventures.pt | Porto, Portugal | ||
Venture capital seed and series-A investment in fintech, SaaS and infrastructure software startups | vvus.com | Palo Alto, United States | ||
Diverse financial services and online banking are provided to clients. | 1852 | wellsfargo.com | San Francisco, United States | |
Cloud based network firewall solution for enterprise web and email | 2002 | barracuda.com | Campbell, United States |
Investor details for Fyde
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People of Fyde
6 people are tracked at Fyde (6 in leadership); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
Sinan Eren | Co-Founder & CEO | Leadership |
Pablo German Sole | Co-Founder & Chief Scientist | Leadership |
Luisa Lima | Co-Founder & VP Engineering | Leadership |
Jose Luis Pereira | Co-Founder & CTO | Leadership |
Pablo G. Sole | Founder & Chief Scientist | Leadership |
José Luis Pereira | Founder & CTO | Leadership |
Complete people profiles for Fyde
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Timeline of Fyde
4 dated milestones of Fyde across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Fyde is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Seed, of $2.2M.
- Exit Acquired by Barracuda.
Competitors of Fyde
Fyde has 3 listed competitors in our database, 3 of them funded. They include Twingate, Teleport and Kona.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| twingate.com | 2019 | Redwood, United States | $59M | Cloud-based zero trust remote access solutions are provided for networks. | ||
| goteleport.com | 2015 | Oakland, United States | $169M | 46 | Cloud-based open-source software is provided for access to computing resources. | |
| heykona.com | 2018 | Los Angeles, United States | $5.12M | Employee engagement tools are provided for morale tracking and insights. |
Detailed competitors of Fyde
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Top companies in Cybersecurity & Data Protection
3 companies that operate in the same segment as Fyde (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 |
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Related news about Fyde
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Frequently Asked Questions about Fyde
Fyde was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Fyde is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Sinan Eren is the CEO of Fyde, as recorded in our data. They have also founded this company.
Fyde is a funded company, having raised a total of $5.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Apr 2018.
Fyde has 3 employees.
Fyde was established in 2017 in Palo Alto, United States, within the cybersecurity sector. Solutions for identity protection are offered through an application-driven approach, focusing on the prevention of phishing, identity theft, and account takeover incidents. Secure access to applications and infrastructure is facilitated by the companys products, supporting organizations in managing digital risks across various operations.
Fyde offers Zero Trust Access and Secure Contractor Access.
Fyde has 6 investors. Key investors include Barracuda, Wells Fargo, DNX Ventures, Bright Pixel Capital, and Portugal Ventures.
Fyde operates through Fyde, Inc..
Yes. Fyde was acquired by Barracuda in November 2020.