United States · Computer & network security startup

Devo

Devo Technology, founded in 2011 by Pedro Castillo, is a cybersecurity firm specializing in cloud-native data operations and security analytics.

Funding reportedLast round: Series F

Computer & network securityBoston, United States

About Devo

Devo Technology, founded in 2011 by Pedro Castillo, is a cybersecurity firm specializing in cloud-native data operations and security analytics.

Headquartered in Cambridge, Massachusetts, Devo serves large enterprises in sectors such as telecommunications, financial services, and retail. The company has achieved a valuation of approximately $1.5 billion and has raised over $500 million in funding from notable investors. Devo's flagship offering is The Devo Platform, a cloud-native logging and security analytics solution. This platform enables real-time data ingestion and analysis, utilizing AI and automation to enhance security operations. Key features include rapid query speeds, noise reduction, and comprehensive data source coverage. The platform integrates essential security functions like SIEM, SOAR, and UEBA, providing tools for incident response and threat intelligence. Devo also offers visual data analytics and tailored support for Security Operations Centers and IT operations teams, helping them turn raw data into actionable insights.

What company datasets say Devo raised

Funding, as reported

Reported in all$481Min dollars
Rounds7
Last roundSeries F
Last round size$100M
Last round dateJun 2022
Investors listed11

Founders and team

From Devo's own website: 5 on the team.

  • Ken NaumannChief Executive Officer
  • Mike SoderChief Financial Officer
  • Oyefunke FayoyinChief Information Security Officer
  • Tim LeehealeyVP Of Corporate Strategy, Marketing & Operations
  • Ingo BednarzGeneral Counsel

On 2 portfolio pages

Investors who name them

Each firm lists Devo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

security event correlationuser experiencemanaged security servicesincident responsecustomer engagementit operationssecurity data scalabilitysoc integrationmultinational enterprise securitysecurity workflow automationthreat detection automationdata visibilityunified security platformenterprisessecurity analytics visualizationsecurity alert triage

Built with from their website

Microsoft Azure MonitorServiceNow Configuration Management DatabaseDockerAmazon SESPendo.Salesforce Service CloudDell TechnologiesSalesforce CRM AnalyticsAWS Trusted AdvisorAtlassian

+8 more

CallMiner EurekaGoogle CloudGoogle AdsSplunk SOARGoogle WorkspaceGemSnyk CodeUKG

Sector
Computer & network security
Industry code
NAICS 54151, 513210, SIC 7375, 7372
Region
Massachusetts
Revenue
$133M a year, as listed
Full record
Every detail in the company directory

Computer & network security in United States

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