Company · Cybersecurity

Devo Technology

www.devo.com ↗ ·Boston ·Series F

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.

Founded
2011
Founders
4
News
1
Rounds
3
Investors
8
SectorsCybersecurity, Enterprise Software, AI & Data Start-up MapCybersecurity › Security operations & threat intelligence

Profile updated 3 Aug 2026

Founders

Daniel Garcia
Co-Founder & VP of Engineering
—
Juana Nunez Garcia
Co-Founder & VP of Engineering
Pedro Castillo
Founder & CTO (former CEO)
Pedro Palao
Co-Founder & Chief Architect / SVP R&D
—

Global models

No comparables on record yet.

Investors 8

Bessemer Venture Partners
Investor United States
Eurazeo
www.eurazeo.com
Investor France
General Atlantic
Investor United States
Georgian
Investor Canada
Insight Partners
Investor United States
ISAI Cap Venture
Investor France
Kibo Ventures
www.kiboventures.com
Investor Spain
Investor United States

Funding rounds 3

Series F · $100M
Devo, the cloud-native logging and security analytics company founded in Madrid as Logtrust and now legally headquartered in Cambridge, Mass…
2022-06-02
Series E · $250M
Devo, a security data analytics and SIEM platform founded in Madrid, raised a $250M (about €215M) Series E at a $1.5B valuation, becoming a …
2021-10-26
Series D · $60M
Devo, founded in Madrid as Logtrust, makes a cloud-native platform for security and log analytics. It raised a $60M (about €50.6M) Series D …
2020-09-15

News & media 1

PublishedArticle
2026-08-16 El espejismo de los unicornios: ¿estamos midiendo bien el éxito en el sector tecnológico? ↗
El Español / Invertia Disruptores
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