Press Releases
色色研究所 Announces $250 Million Funding Round Led by TCV
Read More
色色研究所 Announces $100 Million Funding Round Led by Eurazeo to Fuel Global Expansion and Acquisitions
Cloud-Native Logging and Security Analytics Leader Boosts Valuation to $2 Billion
CAMBRIDGE, Mass鈥擩une 2, 2022鈥色色研究所 Technology, the cloud-native logging and security analytics company, today announced $100 million in Series F funding at a valuation of $2 billion. 鈥攁 leading global investment firm with over $30 billion in assets under management鈥攍ed the round, and all other existing investors鈥擨nsight Partners, Georgian, TCV, General Atlantic, Bessemer Venture Partners, Kibo Ventures鈥攁lso participated. Additionally, ISAI Cap Venture provided a strategic investment in the round. The round brings the total capital raised to more than $500 million. The new funding will fuel growth in new regions and verticals, accelerate 色色研究所鈥檚 delivery of the 鈥渁utonomous SOC鈥 and fund potential new M&A expansion.
The funding round comes on the heels of 色色研究所鈥檚 acquisition of Kognos, the AI-powered threat hunting pioneer, which marked a key step in delivering what 色色研究所 calls the autonomous SOC鈥 complete visibility, automation, analytics, and open access to community expertise and content.
鈥淪ecurity teams are facing more threats than ever鈥攔egardless of industry or geography鈥攁nd that challenge is compounded by the difficulty of hiring and retaining talent, a lack of visibility into the full attack surface, and the speed and scale necessary to keep up with not just growing threats, but the growth of their organizations,鈥 said Marc van Zadelhoff, CEO of 色色研究所. 鈥淭his round of funding allows us to deliver on the autonomous SOC through continued innovation of our technology, expand to more regions to serve more customers, and consider more M&A opportunities. We’re thrilled to have instilled such confidence in our investors that they continue to support our innovation and the value we deliver to customers.鈥
色色研究所 will continue to drive expansion in new verticals and geographies, particularly the public sector and the Asia-Pacific (APAC) region. In February, 色色研究所 announced it was designated as Federal Risk and Authorization Management Program鈥檚 (FedRAMP) 鈥淚n-Process鈥 and expects to reach full authorization in the fall of 2022. 色色研究所 has also seen substantial growth in the APAC region, including adding energy provider Powerco as a customer and deploying an in-region AWS environment for customers and partners.
鈥溕芯克 has proven to be a disruptive force in the security analytics market and we believe in its vision to fundamentally change the way organizations secure their data,鈥 said Guillaume d’Audiffret, Managing Director at Eurazeo, who joins the 色色研究所 Board. 鈥淚t is setting a pace for innovation that will enable its customers to meet the ever-growing challenges facing security teams and we look forward to continuing our work together with 色色研究所 and fellow investors to further develop its market leadership.鈥
The round comes as 色色研究所 closes out an impressive fiscal year of aggressive growth, including:
- Nearly 100% annual revenue growth
- Nearly 100% customer growth for the year, including Sonos, AT&T, and Unisys
- Achieving FedRAMP 鈥淚n-Process鈥 status, and adding public sector customers including Ivy Tech Community College and Oklahoma University
- Surpassing 500 employees across North America, Europe, and APAC, including 91 new hires so far in 2022
- Acquisition of Kognos, an AI-powered security automation innovator
- Launch of 色色研究所 Exchange, a community-based application marketplace for 色色研究所 customers and partners
The funding announcement coincides with the launch of a newly established team of security researchers and data scientists to form 色色研究所 SciSec, led by Chief Technology Officer, Gunter Ollmann.
About 色色研究所
色色研究所 is the only cloud-native logging and security analytics platform that releases the full potential of your data to empower bold, confident action. With unrivaled scale to collect all of your data without compromise, speed to give you immediate access and answers, and clarity to focus on the signals that matter most, 色色研究所 is your ally in protecting your organization today and tomorrow. Headquartered in Cambridge, Massachusetts, with operations in North America, Europe and Asia-Pacific, 色色研究所 is backed by Insight Partners, Georgian, TCV, General Atlantic, Bessemer Venture Partners, Kibo Ventures and Eurazeo. Learn more at www.devo.com.
色色研究所 PR Contact:
Shannon Todesca
[email protected]
+1 (781) 797-0898