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Founded Year

2011

Stage

Series F | Alive

Total Raised

$481M

Valuation

$0000 

Last Raised

$100M | 2 yrs ago

About Devo

Devo focuses on security analytics in the technology sector. The company offers a cloud-native platform that combines people and intelligent automation to provide real-time analytics, actionable intelligence, and threat detection for security operations centers (SOCs). Devo primarily sells to sectors that require advanced security measures, such as the finance, retail, and education sectors. Devo was formerly known as Logtrust. It was founded in 2011 and is based in Cambridge, Massachusetts.

Headquarters Location

255 Main Street Suite 702

Cambridge, Massachusetts, 02142,

United States

888 683-0910

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ESPs containing Devo

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Cybersecurity

The security information & event management (SIEM) market focuses on providing solutions for collecting, analyzing, and correlating security event data from various sources within an organization's IT infrastructure. SIEM leverages behavioral analytics technology to reduce noise, prioritize high fidelity alerts, and enable fast and precise response to insider and cyber threats. The market also off…

Devo named as Challenger among 15 other companies, including Splunk, Palo Alto Networks, and Stellar Cyber.

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Research containing Devo

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Devo in 2 CB Insights research briefs, most recently on Jun 6, 2022.

Expert Collections containing Devo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Devo is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,229 items

C

Cybersecurity

8,428 items

These companies protect organizations from digital threats.

A

Advanced Manufacturing

5,095 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

Latest Devo News

Devo Bandmembers Explain How They Restored Old New York Shows Found on 16mm Film | Video

Jan 26, 2024

Share on Social Media The process of making a documentary on the iconic ’80s New Wave band, Devo, was a five-year journey, according to director Chris Smith. But in researching the band over that time some fabulous examples of the band’s live performances were unearthed. One of their earliest shows in New York City, filmed on 16mm film, could have almost been lost forever. “It was about eight or nine years ago, someone came out of the woodwork,” said Devo frontman Mark Mothersbaugh at TheWrap’s Sundance Portrait and Interview Studio sponsored by NFP. “They had gone to a garage sale in New Jersey and bought canisters of tape that had names on the side. There were other bands on some of the other tapes and they saw ones that said ‘Devo’ and so they bought them. It was 16 millimeter film.” But because the original tape didn’t have video it required the band to be inventive and remastered it on their own. “It had never been cut together or turned into anything,” said Mothersbaugh. “And they didn’t have sound. But once we figured out what it was we realized our sound man had made an audio documentation of the show that night onto a two-track tape so we were able to marry those together.” Mothersbaugh continued: “It was great to see it after the fact because we remember David Bowie came out and introduced us, and was backstage with us and said he wanted to produce us. We remember all that stuff, but it was nice to find it on tape. It was kind of amazing.” Read Next For the band, made up of brothers Mark and Bob Mothersbaugh and Gerald Casale, it was a now or never moment to make a documentary. But they knew they wanted to showcase their rise as a band as well as the philosophy that kept them together. “When we first formed, it was with a philosophy and a concept, and an idea based on our experiences of the real world that maybe man wasn’t the most amazing animal on the planet. Maybe we were the most dangerous and the one animal that was out of touch with nature,” said Mothersbaugh. That being said, they understood quickly that their sound was at odds with the music being created at the time. “The music that was popular at the time was really vapid,” said Mothersbaugh. “It was concert rock, Boston and Styx. Bands singing things like ‘snorting whiskey and drinking cocaine, I think I’m gonna go insane.’ And disco. It was all really not that interesting to us. I mean, disco had great sounds in it. So we were thinking, ‘Well, let’s go put some content into what we’re doing.’” You can watch the full interview above. “Devo” is a sales title at Sundance.

Devo Frequently Asked Questions (FAQ)

  • When was Devo founded?

    Devo was founded in 2011.

  • Where is Devo's headquarters?

    Devo's headquarters is located at 255 Main Street, Cambridge.

  • What is Devo's latest funding round?

    Devo's latest funding round is Series F.

  • How much did Devo raise?

    Devo raised a total of $481M.

  • Who are the investors of Devo?

    Investors of Devo include Insight Partners, Kibo Ventures, Georgian, Bessemer Venture Partners, General Atlantic and 8 more.

  • Who are Devo's competitors?

    Competitors of Devo include Splunk and 7 more.

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Compare Devo to Competitors

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L
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LogPoint provides and creates cybersecurity solutions. It offers security for infrastructure and cloud security, compliance, security operations, SAP security, and threat detection. It serves education, retail, public administration, financial services, healthcare, manufacturing, and hospitality sectors. The company was founded in 2012 and is based in Copenhagen, Denmark.

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LogRhythm focuses on cybersecurity, operating within the technology and security sectors. The company offers a range of services including security analytics, incident response, threat detection, and compliance solutions, all aimed at helping organizations detect, investigate, and respond to cyber threats. Their primary customers are in sectors such as healthcare, government, utilities, financial services, manufacturing, and legal. It was founded in 2003 and is based in Boulder, Colorado.

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Logz

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Sumo Logic

Sumo Logic provides a cloud-based observability platform. It automates the collection, ingestion, and analysis of application, infrastructure, security, and internet-of-things (IoT) data to derive actionable insights. It offers solutions such as infrastructure monitoring, application observability, cloud security analytics, and more. The company was founded in 2010 and is based in Redwood City, California.

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Cydarm Technologies

Cydarm Technologies specializes in Cyber Response Management for security operations within the cybersecurity industry. The company offers a platform that supports security operations teams in analyzing, responding, collaborating, communicating, reporting, and complying with regulations. Cydarm's platform is designed to be configurable to suit various workflows and integrates with existing tools to enhance incident resolution and cybersecurity case management. It was founded in 2017 and is based in Melbourne, Victoria.

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