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Fyde - About the company

Fyde is an acquired company based in Palo Alto (United States), founded in 2017 by Sinan Eren, Jose Luis Pereira, Pablo German Sole and Luisa Lima. It operates as an Application driven solution to protect identity. Fyde has raised $5.25M in funding from DNX Ventures and Vertex Ventures. The company has 104 active competitors, including 25 funded and 14 that have exited. Its top competitors include companies like SpiderOak, Spike and Cyolo.

Company Details

Application driven solution to protect identity. It provides an application-driven solution to protect identity. It provides solutions for preventing phishing, identity theft, and account takeover attacks. The products offered by the company provides a solution for secure access to application and infrastructure.
Social
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Email ID
*****@fyde.com
Registered Address
Palo Alto, California
Key Metrics
Founded Year
2017
Location
Palo Alto, United States
Stage
Acquired
Total Funding
$5.25M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
14 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Barracuda (Nov 11, 2020)

Fyde's acquisition details

Fyde got acquired by Barracuda on Nov 11, 2020.
Click here to take a look at Fyde's acquisition in detail
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Fyde's funding and investors

Fyde has raised a total funding of $5.25M over 2 rounds. Its first funding round was on Apr 03, 2018. Its latest funding round was a Seed round on Jul 11, 2019 for $*****. 5 investors participated in its latest round. Fyde has 6 institutional investors.

Here is the list of recent funding rounds of Fyde:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 11, 2019
2586963
Seed
8727538
9286748
8584814
3252608
Apr 03, 2018
7453192
Seed
4705012
8248219
4319924
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Fyde's founders and board of directors

Founder? Claim Profile
The founders of Fyde are Sinan Eren, Jose Luis Pereira, Pablo German Sole and Luisa Lima. Sinan Eren is the CEO of Fyde.
Here are the details of Fyde's key team members:

Fyde's employee count trend

Fyde has 14 employees as of Jun 26. Here is Fyde's employee count trend over the years:
Employee count trend for Fyde
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Fyde's Competitors and alternates

Top competitors of Fyde include SpiderOak, Spike and Cyolo. Here is the list of Top 10 competitors of Fyde, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SpiderOak
SpiderOak
2007, Northbrook (United States), Series C
Provider of zero-trust security solutions for data protection and access control
$35M
67/100
2nd
Logo for Spike
Spike
2014, Herzliya (Israel), Series A
Provider of enterprise cybersecurity solutions
$13M
65/100
3rd
Logo for Cyolo
Cyolo
2019, Tel Aviv (Israel), Series B
Provider of connectivity management solutions for IoT applications
$85.2M
61/100
4th
Logo for Devolutions
Devolutions
2004, Lavaltrie (Canada), Unfunded
PIAM, password manager, and remote desktop software
-
-
61/100
5th
Logo for Twingate
Twingate
2019, Redwood City (United States), Series B
Cloud-based network zero trust remote access solutions provider
$67M
55/100
6th
Logo for NetBird
NetBird
2022, Berlin (Germany), Series A
Provider of zero trust network access and secure remote connectivity
$15.4M
55/100
7th
Logo for VirnetX
VirnetX
2005, Zephyr Cove (United States), Public
Provider of application and other cyber security services
-
51/100
8th
Logo for 01 Communique
01 Communique
1992, Mississauga (Canada), Public
Provider of Zero trust remote access software
-
51/100
9th
Logo for InstaSafe
InstaSafe
2012, Bengaluru (India), Seed
Provider of zero trust security solutions for application and network access
$2.44M
50/100
10th
Logo for Kona
Kona
2018, Los Angeles (United States), Acquired
Provider of employee engagement tools
$5.12M
49/100
20th
Logo for Fyde
Fyde
2017, Palo Alto (United States), Acquired
Application driven solution to protect identity
$5.25M
42/100
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Fyde's Investments and acquisitions

Fyde has made no investments or acquisitions yet.

Reports related to Fyde

Here is the latest report on Fyde's sector:

News related to Fyde

Merit Circle partners with FydeSmartliquidityFeb 14, 2023Merit Circle, Fyde, Fyde
Barracuda Acquires FydeGlobalsecuritymagDec 15, 2020Barracuda, Fyde
Fyde Aims to Solve Wetware Security ThreatBusiness WireApr 03, 2018Fyde
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