Data Operations Company Devo Raises $25M in Funding Round

Devo (formerly known as Logtrust), a Boston, MA-based data operations company, raised $25m in Series C funding.

The round was led by Insight Venture Partners with participation from Kibo Ventures.

The company intends to use the funds to marked by rapid growth and market expansion.

Led by Walter Scott, CEO, and Pedro Castillo, founder and CTO, Devo is a Data Operations Platform that collects, enhances and analyzes machine, business and operational data from across the enterprise to provide real-time analytics and insight for IT operations, security analytics, business analytics, customer insight and log management for large organizations to efficiently derive value from operational, security, application, IoT and machine data, driving improvements, such as enhanced customer experiences and reduced operating costs.



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