When was Devo founded?

Devo was founded in 2011 and became a unicorn in 2021, reaching the milestone in 10 years. It raised its 1st funding round 2 years after its incorporation.

Where is Devo located?

Devo is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts.

Who is the current CEO of Devo?

Golabodin Hesmat, Dejan Sparavalo and Ken Naumann s of Devo.

Which legal entities is Devo associated with?

Devo is associated with BLACK DIAMOND MOTORS PRIVATE LIMITED and 4 others.

How many employees does Devo have?

As of Mar 31, 2026, the latest employee count at Devo is 508.

Is Devo a funded company?

Devo is a funded company, having raised a total of $500M across 7 funding rounds to date. The company's 1st funding round was a $2.97M Series A round, raised on Nov 2013.

How much is Devo worth?

The latest valuation of Devo is $2B as of Jun 02, 2022.

When was the latest funding round of Devo?

Devo's latest funding was a $100M Series F round on Jun 02, 2022, with participation from 8 investors.

Is Devo a IT Operations company?

The primary sectors of Devo are IT Operations, Cybersecurity and Big Data Analytics.

Where does Devo rank among its competitors?

Devo ranks 15th amongst 901 active competitors, of which 111 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Stellar Cyber, which secured $33.7M in Aug, 2023.

Who are the top competitors of Devo?

Devo's top competitors include Splunk, Sumo Logic and Exabeam. Among them, Stellar Cyber secured the most recent funding round in August, 2023.

Devo - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of visual data analytics platform for enterprises. It provides real time analytics and insight on security, business, customers, and logs. It allows users to collect real time streaming data captured from applications, infrastructure, IoT devices, logs, and historical data sources. The platform can build correlations, generate reports and visualize data in the form of charts or graphs, and analyze trends in the data.

Website: devo.com
Social
Email ID: *****@devo.com
Phone Number: +1 **********
Registered Address: Cambridge, Massachusetts

Key Metrics

Founded Year

2011

Location

Cambridge, United States

Stage

Series F

Total Funding

$500M in 7 rounds

Latest Funding Round

Series F, Jun 02, 2022, $100M

Post Money Valuation

$2B as on Jun 02, 2022

Investors

Insight Partners & 10 more

Ranked

15^th among 901 active competitors

Employee Count

508 as on Mar 31, 2026

Investment & Acquisitions

LogicHub & 1 more

Similar Companies

Splunk & 536 more

View Devo's full profile

Devo is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DEVO TECHNOLOGY, INC. CIN: 474974537 , United States, Active	Dec 26, 999	-	92 (As on Dec 31, 2024)	-
DEVO TECHNOLOGY, INC. CIN: 001t000000hjGiVAAU , United States, Active	May 13, 2021	-	-	-
DEVO TECHNOLOGY, INC. CIN: 5439935 , United States, Active	Nov 08, 2018	-	154 (As on Dec 31, 2023)	-
DEVO TECHNOLOGY, INC. CIN: 5755721 , United States, Active	May 28, 2015	-	-	-
BLACK DIAMOND MOTORS PRIVATE LIMITED CIN: U34202CT2005PTC017971 , India, Active	Sep 21, 2005	$35.6M (As on Mar 31, 2025)	300 (As on Aug 31, 2025)

Devo has raised a total funding of $500M over 7 rounds. Its first funding round was on Nov 2013. Its latest funding round was a Series F round on Jun 02, 2022 for $100M. 8 investors participated in its latest round. Devo has 11 institutional investors.

Here is the list of recent funding rounds of Devo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 02, 2022	$100M	Series F	$2B	-	Eurazeo	Insight Partners, TCV, Georgian, General Atlantic, Bessemer Venture Partners, Kibo Ventures, ISAI
Oct 26, 2021	$250M	Series E	$1.5B	-	TCV	General Atlantic, Eurazeo, Georgian, Bessemer Venture Partners, Kibo Ventures, Insight Partners
Sep 15, 2020	$60M	Series D	-	-	Georgian	Bessemer Venture Partners, Insight Partners

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View details of Devo's funding rounds and investors

The founders of Devo are Pedro Castillo, Pedro Palao, Juana Nunez Garcia and Daniel Garcia. Golabodin Hesmat, Dejan Sparavalo and Ken Naumann are the CEOs of Devo.

Here are the details of Devo's key team members:

Pedro Castillo: Former Co-Founder of Devo and founder of 1 other company.
Contact Info: 1 email address
Pedro Palao: Co-Founder of Devo.
Juana Nunez Garcia: Co-Founder & Vice President of Engineering of Devo.
Daniel Garcia: Co-Founder & Vice President of Engineering of Devo.
Golabodin Hesmat: CEO of Devo.

View details of Devo's Founder profiles and Board Members

Devo's employee count trend

Devo has 508 employees as of Mar 26. Here is Devo's employee count trend over the years:

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Top competitors of Devo include Splunk, Sumo Logic and Exabeam. Here is the list of Top 10 competitors of Devo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Splunk 2003, San Francisco (United States), Acquired	Provider of security and observability solutions that enable digital resilience	$40M	August Capital, JK&B Capital & 19 others	80/100
2nd	Sumo Logic 2010, Redwood City (United States), Acquired	Provider of cloud-based platform for security and observability data analytics	$346M	Sapphire Ventures, DFJ Growth & 17 others	78/100
3rd	Exabeam 2013, Foster City (United States), Acquired	Provider of SIEM platform for threat detection	$390M	Lightspeed Venture Partners, Icon Ventures ... & 21 others	71/100
4th	Sisense 2004, New York City (United States), Series F	Provider of business intelligence and data analysis solutions	$276M	Insight Partners, Bessemer Venture Partners ... & 23 others	70/100
5th	InfluxData 2012, San Francisco (United States), Series E	Developer of a time series database platform for various applications	$189M	Y Combinator, Sapphire Ventures & 17 others	68/100
6th	Tableau 2003, Seattle (United States), Acquired	Cloud based visual analytics solutions provider	$15M	New Enterprise Associates, Meritech & 1 others	68/100
7th	Stellar Cyber 2015, Santa Clara (United States), Series B	Provider of AI-driven platform for security operations, threat detection, and response	$68M	SIG, Highland Capital Partners & 16 others	68/100
8th	Looker 2012, Santa Cruz (United States), Acquired	Data integration and visualization solutions provider	$282M	Premji Invest, Redpoint Ventures & 16 others	66/100
9th	Altamira Technologies 1999, Dayton (United States), Acquired	Developer of an open-source big data fusion, analysis, and visualization platform	-	Multiplier Capital, Columbia Capital & 1 others	65/100
10th	Securonix 2008, San Mateo (United States), Series C	Security analytics and event management solutions	$1.06B	Vista Equity Partners, F-Prime Capital & 8 others	64/100
15th	Devo 2011, Cambridge (United States), Series F	Provider of visual data analytics platform for enterprises	$500M	TCV, Bessemer Venture Partners & 9 others	60/100