Devo Technology Devo Technology (formerly known as Logtrust Technology) is a company that develops an AI-based security data platform. | |||||
Founding Date | Founding Date 2011 | Founding Date 2010 | Founding Date 2003 | Founding Date 2008 | Founding Date 2009 |
Type | Type Private | Type Private | Type Subsidiary | Type Subsidiary | Type Subsidiary |
Tags | |||||
Locations | Locations Boston, US HQ Sydney, AU Singapore, SG Madrid, ES Cambridge, US | Locations Santa Clara, US HQ Canberra, AU Melbourne, AU Sydney, AU Sao Paulo, BR Toronto, CA Vancouver, CA see more | Locations Austin, US HQ | ||
Employees | Employees 653 | Employees 9022% decrease | Employees 8,8407% decrease | Employees 3,290 | Employees 8 |
Valuation ($) | Valuation ($) 2 b | Valuation ($) 1.2 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $54.9m (Y, 2021) | Revenue (est.) $300.7m (FY, 2023) | Revenue (est.) $3.7b (FY, 2023) | Revenue (est.) $869.3m (FY, 2021) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods $97.6m (FY, 2023) | Cost of goods $816m (FY, 2023) | Cost of goods $189.2m (FY, 2021) | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit $203.1m (FY, 2023) | Gross profit $2.8b (FY, 2023) | Gross profit $680.1m (FY, 2021) | Gross profit N/A |
Net income | Net income N/A | Net income ($124.8m) (FY, 2023) | Net income ($277.9m) (FY, 2023) | Net income ($162.7m) (FY, 2021) | Net income N/A |
Operating ⚠ | |||||
Partners | Partners 93 (Jan, 2024) | Partners N/A | Partners N/A | Partners 4 (Jun, 2023) | Partners N/A |
Products | Products N/A | Products N/A | Products 11 (Oct, 2025) | Products 7 (Jun, 2023) | Products N/A |
Solutions by Industry | Solutions by Industry N/A | Solutions by Industry N/A | Solutions by Industry 11 (Oct, 2025) | Solutions by Industry 10 (Jun, 2023) | Solutions by Industry N/A |
Solutions by Use Case | Solutions by Use Case N/A | Solutions by Use Case N/A | Solutions by Use Case 4 (Oct, 2025) | Solutions by Use Case 3 (Jun, 2023) | Solutions by Use Case N/A |
Trademark Applications (US) | Trademark Applications (US) 1 (Jan, 2024) | Trademark Applications (US) 2 (FY, 2022) | Trademark Applications (US) N/A | Trademark Applications (US) N/A | Trademark Applications (US) N/A |
Funding | |||||
Latest funding round | Latest funding round $ 250m (over 4 years ago) | Latest funding round $ 110m (about 7 years ago) | Latest funding round N/A | Latest funding round N/A | Latest funding round N/A |
Total funding raised | Total funding raised $ 381m | Total funding raised $ 345.3m | Total funding raised $ 2.4b | Total funding raised $ 1b | Total funding raised $ 62.1m |
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