Tines taps $50M to expand its workflow automation beyond security teams [TechCrunch]
Palo Alto Networks, Inc. (PANW)
Last palo alto networks, inc. earnings: 2/24 04:15 pm
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Source: TechCrunch
routine, resource-intensive and fragmented aspects of how security and other IT functions operate. To capitalize on that trend, one of the bigger startups in the space, the Dublin-founded Tines , is announcing $50 million in funding. Tines started with its roots in security workflow automation but has seen adoption across other parts of the IT landscape. Now, on the back of revenues growing 200% in the last 18 months, it plans to use the new capital to expand its automation platform play deeper into applications in infrastructure, engineering and product. The funding — co-led by existing investors Accel and Felicis — is being described as an extension of the company's Series B rather than a Series C. “We weren't proactively trying to raise and were focused on building the business,” Tines' CEO and co-founder Eoin Hinchy said in an interview. “Our existing investors saw our execution and approached us. We went from discussing what a round could look like to it being wrapped up in a
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News
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- Palo Alto Networks Long-Term Shareholder Announcement: Johnson Fistel, LLP Encourages Investors to Reach Out For More InformationGlobeNewswire
PANW
Earnings
- 2/20/24 - Beat
PANW
Sec Filings
- 5/3/24 - Form 4
- 5/1/24 - Form 144
- 4/23/24 - Form 4
- PANW's page on the SEC website