Fundz

Devo Announces $250 Million Funding Round Led By Tcv

PRIVATEOct 26, 2021

Amount Raised

$250 Million

Round Type

Funding Round

CambridgeOtherSoftwarePrivacy And Security

Description

Devo Technology, the cloud-native logging and security analytics company, today announced $250 million in Series E funding at a valuation of $1.5 billion. TCV led the round, along with new investors General Atlantic and Eurazeo and existing investors Insight Partners, Georgian, Bessemer Venture Partners, and Kibo Ventures.

Quick answer

Devo raised $250 Million in a Funding Round round, dated October 26, 2021. Devo is based in Cambridge, Maryland, United States.

How much did Devo raise?
Devo raised $250 Million in a Funding Round round on October 26, 2021.
What does Devo do?
Devo is the only cloud-native logging and security analytics platform that releases the full potential of your data to empower bold, confident action.
Where is Devo based and how big is it?
Devo is based in Cambridge, Maryland, United States.
Who are the decision-makers at Devo?
Fundz holds 1 contact at Devo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Privacy And Security and Software around the same time

Companies in the same sectors as Devo that raised within 45 days of this round, from Fundz verified event records.

  • Adlumin raised $25M (Series B) on December 7, 2021.
  • Bytechek, Inc. raised $2.2M (Seed) on December 7, 2021.
  • Hummingbird raised $30M (Funding Round) on December 7, 2021.
  • IRONSCALES raised $64M (Series C) on December 7, 2021.
  • SkySafe raised $1.4M (Convertible Note) on December 6, 2021.
  • Device Authority raised $2.9M (Seed) on December 2, 2021.

Who to call at Devo, and when

A new round usually means Devo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Devo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Devo, from your own LinkedIn network

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Company Information

Company

Devo

Location

150 CAMBRIDGEPARK DRIVE, SUITE 702

Cambridge, Maryland, United States

About

Devo is the only cloud-native logging and security analytics platform that releases the full potential of your data to empower bold, confident action. With unrivaled scale to collect all of your data without compromise, speed to give you immediate access and answers, and clarity to focus on the signals that matter most, Devo is your ally in protecting your organization today and tomorrow. Headquartered in Cambridge, Mass., Devo is backed by Insight Partners, Georgian, and Bessemer Venture Partners.

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Related People

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Devo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.