Devo Technology Raises $100M in Series F funding; Valued at $2 Billion
Summary
Devo Technology, a Cambridge, MA-based cloud-native logging and security analytics company, raised $100m in Series F funding at a valuation of $2 billion. In conjunction with the funding, Guillaume d’Audiffret, Managing Director at Eurazeo, joined the Devo Board. The funding round follows Devo’s acquisition of Kognos, an AI-powered threat hunting developer. Led by Marc van Zadelhoff, CEO, Devo provides a cloud-native logging and security analytics platform that leverages existing data to empower action and protect an organization. Headquartered in Cambridge, Massachusetts, the company will continue to drive expansion in new verticals and geographies, particularly the public sector and the Asia-Pacific (APAC) region.
Funding
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