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Venture Capital News: Devo Technology Lands $100M Series F Round

2022-06-02
CAMBRIDGE, MA, Devo Technology, the cloud-native logging and security analytics company, today announced $100 million in Series F funding at a valuation of $2 billion.
Eurazeo, a leading global investment firm with over $30 billion in assets under management, led the round, and all other existing investors-Insight Partners, Georgian, TCV, General Atlantic, Bessemer Venture Partners, Kibo Ventures-also participated. Additionally, ISAI Cap Venture provided a strategic investment in the round. The round brings the total capital raised to more than $500 million. The new funding will fuel growth in new regions and verticals, accelerate Devo's delivery of the 'autonomous SOC' vision and fund potential new M&A expansion.

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.
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