Devo

Devo, founded in 2011 (originally as Logtrust, rebranded to Devo in 2017) and headquartered in Cambridge, Massachusetts, builds a cloud-native, real-time security data platform. It ingests and analyzes high volumes of logs and telemetry and layers SIEM, security orchestration and automated response (SOAR), and user and entity behavior analytics (UEBA) on top, positioning itself as infrastructure for what it calls the "autonomous SOC" — reducing the manual query and correlation burden on security analysts as data volumes grow.

Devo has raised more than $410 million across multiple rounds, most recently a $100 million Series F led by Eurazeo in 2022 that valued the company at $2 billion, up from $1.5 billion after its prior $250 million Series E. With roughly 500 employees, it competes directly against established SIEM vendors like Splunk and Microsoft Sentinel and newer cloud-native entrants, differentiating primarily on query speed and cost efficiency at large data volumes. Its recent integration with MSSP DeepSeas, which is building Devo into its own data-lake platform for midmarket and enterprise clients, extends its reach into the managed-services channel.

For CISOs evaluating a SIEM replacement or consolidation of SIEM/SOAR/UEBA into a single data platform, Devo is a credible, well-capitalized option, particularly for organizations prioritizing query performance against large log volumes. As with most SIEM-category vendors, independent adversarial testing (e.g., MITRE ATT&CK-style evaluations) is not part of its public evidence base, so efficacy claims rest primarily on customer references and partner integrations rather than third-party red-team results.