Evo Security - About the company
Evo Security is an acquired company based in Austin (United States), founded in 2018 by Michael R. It operates as a Cloud based multi factor authentication solutions. Evo Security has raised $15.4M in funding from investors like Sorenson Capital, TechOperators and Inner Loop Capital. The company has 538 active competitors, including 94 funded and 60 that have exited. Its top competitors include companies like Duo, RSA and SailPoint.
Company Details
Cloud based multi factor authentication solutions. The product offered by the company is Evo Authenticator. The features of the product include multi cloud authentication, protection from login breaches, integration and robust API. It also provides multi factor authentication and customization. The application is available in the Google Play and Apple Store.
- Website
- www.evosecurity.com/
- Social
- Email ID
- *****@evosecurity.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2018
Location
Austin, United States
Stage
Acquired
Total Funding
$15.4M in 3 rounds
Latest Funding Round
Investors
Ranked
19th among 538 active competitors
Employee Count
19 as on Sep 30, 2026
Exit Details
Acquired by Barracuda (Jul 07, 2026)
Evo Security's acquisition details
Evo Security got acquired by Barracuda on Jul 07, 2026.
Click here to take a look at Evo Security's acquisition in detail
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Evo Security's funding and investors
Evo Security has raised a total funding of $15.4M over 3 rounds. Its first funding round was on Dec 21, 2021. Its latest funding round was a Series A round on May 06, 2024 for $*****. 6 investors participated in its latest round. Evo Security has 8 institutional investors.
Here is the list of recent funding rounds of Evo Security:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 06, 2024 | 6967174 | Series A | 5602042 | 8757190 | 9469673 | 8284626 |
Dec 15, 2022 | 1275526 | Series A | 9480240 | 2993013 | 3593435 | |
Dec 21, 2021 | 7091788 | Seed | 8241819 | 9847059 | 8438538 |
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Evo Security's founders and board of directors
Founder? Claim ProfileHere are the details of Evo Security's key team members:
- Michael R: Co-Founder & CEO of Evo Security. Contact Info: 1 email address
View details of Evo Security's Founder profiles and Board Members
Evo Security's employee count trend
Evo Security has 19 employees as of Sep 26. Here is Evo Security's employee count trend over the years:
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Evo Security's Competitors and alternates
Top competitors of Evo Security include Duo, RSA and SailPoint. Here is the list of Top 10 competitors of Evo Security, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Duo 2010, Ann Arbor (United States), Acquired | Provider of SSO and MFA based IAM solutions | $120M | 80/100 | |
2nd |  RSA 1982, Bedford (United States), Acquired | Provider of identity and access management solutions for diverse environments | $7.25M | 75/100 | |
3rd | SailPoint 2005, Austin (United States), Public | Provider of identity security solutions for modern enterprise risk management | $26.6M | 75/100 | |
4th | ID.me 2010, Mclean (United States), Series E | Cloud based secure identity management and authentication solutions provider | $619M | 72/100 | |
5th |  HYPR 2014, New York City (United States), Series D | Provider of passwordless multi-factor authentication, identity verification, and risk management | $131M | 69/100 | |
6th | SecureAuth 2005, Irvine (United States), Series C | Platform that features in customer identity and access management solutions | $238M | 69/100 | |
7th | Opal 2020, San Francisco (United States), Series C | Cloud based platform offering infrastructure security solutions | $59M | 68/100 | |
8th |  1Kosmos 2018, Edison (United States), Series B | Block-chain-based passwordless authentication for customers | $62M | 68/100 | |
9th |  Saviynt 2010, El Segundo (United States), Series B | Provider of AI-based identity security and access management platform solutions | $870M | 68/100 | |
10th | Provider of two-factor authentication solutions | $30M | 68/100 | ||
19th | Evo Security 2018, Austin (United States), Acquired | Cloud based multi factor authentication solutions | $15.4M | 61/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Evo Security's competitors? Click here to see the top ones
Evo Security's Investments and acquisitions
Evo Security has made no investments or acquisitions yet.
Reports related to Evo Security
Here is the latest report on Evo Security's sector:
News related to Evo Security
Media has covered Evo Security for 1 event in last 1 year.
•
Barracuda Acquires Evo Security to Enhance AI-Powered Identity Security for MSPsTechStartups.com•Jul 07, 2026•Barracuda, Evo Security
•
Evo Security Unveils Evo 2.0: A New Era of Unified Identity and Access Management for MSPsPR Newswire•Oct 17, 2024•Evo Security
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Evo Security Announces Series A Capital Raise Led by TechOperatorsPR Newswire•Jul 24, 2024•Evo Security, TechOperators, Sorenson Capital, SCV and 4 others
•
Evo Security Receives $1M Investment From Strategic Cyber VenturesFinSMEs•Oct 04, 2023•Evo Security, SCV
•
Evo Security Hires Seasoned Channel Expert Eric Morano to Lead Partner ExpansionPR Newswire•Jun 02, 2023•Evo Security, Agile Blue, TitanHQ
•
•
ConnectWise partners with Evo Security to deliver Identity and Access Management (IAM) Platform to IT Solution ProvidersGlobeNewswire•Dec 08, 2022•ConnectWise, Evo Security
•
Evo Security Announces the Launch of Evo Partner Identity Cloud for MSPsUserwalls•Jun 21, 2022•Evo Security
•
Evo Security Raises $3.9M in Seed FundingFinSMEs•Jan 19, 2022•Evo Security, Sorenson Capital, Inner Loop Capital, Secure Octane Investments and 1 other
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