DDevo Technology
Devo (originally founded as Logtrust) is a security data platform company that replaces traditional SIEMs, combining SIEM, SOAR, and UEBA capabilities with AI and automation to power security operations centers. Founded in 2011 in Madrid, it rebranded from Logtrust to Devo in 2018 and is now headquartered in the Boston/Cambridge, MA area with a major engineering office still in Madrid. It has raised over $500M total, including a $100M Series F round in June 2022 led by Eurazeo at a $2B valuation.
SectorsCybersecurity, Enterprise Software, AI & Data
Start-up MapCybersecurity › Security operations & threat intelligence
Founders
D
Daniel Garcia
Co-Founder & VP of Engineering
J
Juana Nunez Garcia
Co-Founder & VP of Engineering
P
Pedro Castillo
Founder & CTO (former CEO)
P
Pedro Palao
Co-Founder & Chief Architect / SVP R&D
Global models 5
SSecuronix
United States · www.securonix.com ↗
Cloud-native SIEM platform that combines SIEM, UEBA and SOAR, sold as a subscription to enterprise security operations centres as a replacement for older SIEMs.
~$1.0BComparable
EExabeam
United States · www.exabeam.com ↗
Security operations platform that combines SIEM, UEBA and automation, sold as a subscription to enterprise SOCs to replace legacy SIEM tools.
~$390MComparable
SSumo Logic
United States · www.sumologic.com ↗
Cloud log-analytics and SIEM platform sold as a subscription to enterprises, charged by data volume like Devo's log-data-first approach.
~$345MComparable
PPanther Labs
United States · panther.com ↗
Cloud-native SIEM that runs on a security data lake, sold as a subscription to security teams looking for a modern replacement for legacy SIEMs.
~$120MComparable
HHunters
Israel · www.hunters.security ↗
Next-generation SIEM that uses AI for automated threat detection and investigation, sold to enterprise SOCs as a replacement for traditional SIEM tools.
~$118MComparable
In the same niche 8 others
See all in the Start-ups Map →
Notes: Most funded first
Investors 10
Open as list →
IInsight Partners
www.insightpartners.com
EEurazeo
www.eurazeo.com
KKibo Ventures
www.kiboventures.com
GGeneral Atlantic
www.generalatlantic.com
GGeorgian
TTCV
BBessemer Venture Partners
AAtlantic Bridge Capital
I
Investing Profit Wisely
IISAI Cap Venture
Funding rounds 6
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2022-06-02 | Series F | $100M |
Eurazeo
+7 more
|
| 2021-10-26 | Series E | $250M |
TCV
+6 more
|
| 2020-09-15 | Series D | $60M |
Georgian
+2 more
|
| 2018-06-07 | Series C | $25M |
Insight Venture Partners
+1 more
|
| 2017-09-27 | Series B | $35M |
Insight Venture Partners
+1 more
|
| 2017-01-10 | Series A (estimated) | $11M |
Lead not disclosed
+3 more
|
News 1
Open as list →| Published | Article |
|---|---|
| 2026-08-16 |
El espejismo de los unicornios: ¿estamos midiendo bien el éxito en el sector tecnológico? ↗
El Español / Invertia Disruptores
2026-08-16 |