Devo Closes $25 Million in Series C Funding

Devo closed a $25 million Series C funding round led by Insight Venture Partners with participation from Kibo Ventures. This funding and rebrand follows a year marked by rapid growth and market expansion for the company, formerly known as Logtrust.

Leveraging its data and analytics experience working with global organizations in the financial services, telecommunications, retail, and manufacturing industries, Devo strives to help organizations derive deeper value from operational, security, application, IoT, and machine data by combining streaming with historical data to make contextually informed, real-time decisions.