deviceTRUST
Latest round
- Series A
Last raised
- Dec 2019
Total raised
- Undisclosed
Investors
- 3
About deviceTRUST
Founded in 2016 in Darmstadt, Germany, deviceTRUST GmbH focuses on improving digital workspace security. The firm has completed a total of 3 deals, with the most recent deal occurring on December 10, 2024.deviceTRUST specializes in enhancing the security of digital workspaces by implementing a contextual security framework designed to support a Zero Trust strategy. Their core product, the deviceTRUST Client Extension, verifies compliance with security, regulatory, and compliance requirements whenever users access their digital environments. This solution allows organizations to define individual contexts for devices, enabling real-time control over workspace access, application usage, and security policies based on contextual information such as device location and compliance status. The company primarily serves clients across various sectors including healthcare, finance, and technology, with notable customers such as DB Systel, Deutsche Steinzeug, and KKH Kaufmännische Krankenkasse.deviceTRUST generates revenue through subscription-based models for its security solutions, specifically targeting businesses seeking to implement advanced security measures in their digital workspaces. Clients typically engage in annual contracts that provide access to the deviceTRUST Client Extension and associated services, which include ongoing support and updates. The transaction structure is primarily B2B, where deviceTRUST collaborates directly with organizations to tailor solutions that fit their security needs. Pricing structures are designed to cater to various organizational sizes and complexities, ensuring that both large enterprises and smaller businesses can benefit from their offerings., Vista Equity Partners, and Elliott Management. The financial terms of the acquisition were not disclosed.'s platform capabilities, indicating a strategic move to integrate deviceTRUST’s offerings into its broader service portfolio.
Who invested in deviceTRUST
3 investors across 2 rounds
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Questions about deviceTRUST
Who invested in deviceTRUST?
deviceTRUST has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has deviceTRUST raised?
deviceTRUST has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did deviceTRUST last raise money?
deviceTRUST's most recent round on record is a Series A, in Dec 2019.
What does deviceTRUST do?
Founded in 2016 in Darmstadt, Germany, deviceTRUST GmbH focuses on improving digital workspace security.
Where is deviceTRUST headquartered?
deviceTRUST is headquartered in Darmstadt, Germany.
Which VCs invest in companies like deviceTRUST?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at deviceTRUST's stage. Their profiles are linked below.
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