Irish business Tines is helping IT security teams do more with a lot less and keep threats at bay.
Dublin tech company Tines has raised a further $55m in Series B funding from some of the biggest venture capital players in Silicon Valley.
The rounds was led by Felicis alongside existing investors Accel, Blossom Capital, Addition and Lux Capital.
“We knew the problems we set out to solve – too much work, not enough staff, and inevitable incidents – were universal”
Tines is an enterprise automation platform designed to help security and ops teams automate manual workloads.
The business was founded by Eoin Hinchy and Thomas Kinsella admittedly out of frustration with existing solutions in the market.
“We knew the problems we set out to solve – too much work, not enough staff, and inevitable incidents – were universal,” said Hinchy.
Today the business is at more than 150 employees across four continents, 13 US states, 10 time zones and growing.
The mission now is to simplify the steps involved in maintaining mission-critical workflows at speed and scale, reduce the time to detect suspicious activity and increase the scale and capacity for businesses using Tines to process hundreds of thousands of workflows per year using leaner teams.
“It’s a challenging time for a lot of businesses right now and we’ve yet to see the full impact of the global economic slowdown,” Hinchy said.
“With that, we feel fortunate to be in a position to double down on our mission to help new and existing customers unlock the power of automation, and move from reactive to proactive.”