Tines has raised $125 million in a Series C funding round, leading to a valuation of $1.125 billion, aimed at enhancing its AI-powered workflow automation for security operations globally.
Information on the Target
Tines is a leading AI-powered workflow automation company that specializes in simplifying complex processes for security analysts, engineers, and IT teams. The company offers a user-friendly, no-code interface that allows professionals, regardless of their programming skills, to efficiently create and manage automated workflows. By utilizing Tines' platform, teams can streamline repetitive tasks, improve operational efficiency, and accelerate their response to security events.
Founded in 2018 by Eoin Hinchy and Thomas Kinsella, Tines is headquartered in Dublin, Ireland. The company has made significant strides in the global market, particularly in serving security operations centers (SOCs), IT teams, and organizations operating within the cybersecurity, financial services, and technology sectors. Their flexible automation platform is designed to integrate easily with various tools, enabling organizations to scale their automation efforts seamlessly.
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Industry Overview in Ireland
The industry of cybersecurity and IT solutions in Ireland has observed exponential growth due to the increasing prevalence of cyber threats and the rising importance of data protection. Ireland has positioned itself as a hub for many international te
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Disclosed details
Transaction Size: $125M
Enterprise Value: $1,125M
Equity Value: $1,125M