# Demisto funding: rounds and investors

> Demisto has raised $450M across 2 rounds since 2017. Investors include Accel, Slack and ClearSky Security. Every round with its source.

Source: https://millionrounds.com/company/demisto (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Demisto*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity

Funding summary Updated 26 Oct 2026

**$450M** raised across 2 rounds since 2017, from 2 sources

**$20M** Series B **$430M** Series C

- **Latest round:** Series C, $430M Oct 2018
- **Step-up i:** 21.5×
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2018

**$20M** Series B

**$430M** Series C

- **First round:** Series B, $20M
- **Biggest round:** $430M
- **Between rounds:** 20 months

## The rounds

- **Oct 2018** Series C **$430M** *2 new* [ClearSky Security](https://millionrounds.com/fund/clearsky-security) Greylock Partners/ Accel Reported by FinSMEs SEC filing: $44M sold, first sale Oct 2018
- **Feb 2017** Series B **$20M** *2 new* [Accel](https://millionrounds.com/fund/accel) [Slack](https://millionrounds.com/fund/slack) Reported by FinSMEs

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Rishi Bhargava** Executive Officer, Director i
- **Slavik Markovich** Executive Officer, Director i

On the board, as filed i *Jake Flomenberg* *Jay Leek*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2017 **Series C** 2018 [Accel](https://millionrounds.com/fund/accel) [Slack](https://millionrounds.com/fund/slack) [ClearSky Security](https://millionrounds.com/fund/clearsky-security) Greylock Partners/ Accel

## Everyone who backed them

[Accel](https://millionrounds.com/fund/accel) VC firm **1** round

[Slack](https://millionrounds.com/fund/slack) Corporate VC **1** round

[ClearSky Security](https://millionrounds.com/fund/clearsky-security) VC firm **1** round

Greylock Partners/ Accel no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=demisto).

## Also claim to have backed them

These 2 firms list Demisto as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Wing Venture Capital](https://millionrounds.com/fund/wing-venture-capital) VC firm Per its own site

[Sunlake Capital](https://millionrounds.com/fund/sunlake-capital) Private equity Per its own site

## Quick answers about Demisto

### Who invested in Demisto?

Demisto's investors include Accel, Slack, ClearSky Security and Greylock Partners/ Accel.

### How much has Demisto raised?

Demisto has raised $450M across 2 rounds since 2017.

### When did Demisto last raise?

Demisto's most recent round was a Series C of $430M in Oct 2018.

### What was Demisto's biggest round?

Its most recent round, $430M in Oct 2018, is also its largest on record.

### Who backed Demisto first?

Demisto's first round on record, in Feb 2017, was backed by Accel and Slack.

### What stage is Demisto at?

Demisto's latest named round is a Series C, in Oct 2018.

### Where is Demisto based?

Demisto is based in the United States.

## Companies like Demisto

In the same sector, and raised in the last eighteen months.

[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Hilt** $4.7M · Oct 2026](https://millionrounds.com/company/hilt)

## Find investors like these

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