Devo vs Tracecat
Side-by-side comparison of AI visibility scores, market position, and capabilities
Devo is a cloud-native security data platform combining SIEM, SOAR, and UEBA with real-time analytics at petabyte scale — $2B valuation, backed by Insight Partners, General Atlantic, and TCV.
About
Devo is a cybersecurity company specializing in cloud-native security analytics, providing security operations centers (SOCs) with a unified platform that integrates SIEM (Security Information and Event Management), SOAR (Security Orchestration and Automated Response), and UEBA (User and Entity Behavior Analytics). Founded in Madrid and now headquartered in Cambridge, Massachusetts, Devo serves global enterprises across financial services, healthcare, retail, and government sectors.
SF YC W24 open-source SOAR security automation deployed by 200+ orgs (Fortune 500 + federal); $500K-$2M seed on Temporal's durable execution with 100+ integrations competing with Splunk SOAR and Tines for security incident response.
About
Tracecat is a San Francisco-based open-source security automation platform — backed by Y Combinator (W24) with $500,000-$2 million in seed funding from Y Combinator, Pioneer.app, Pioneer Fund, and SurgePoint Capital — providing security operations, IT, and infrastructure teams with a modern, cost-effective alternative to commercial SOAR (Security Orchestration, Automation, and Response) tools for automating security alerts, incident response, and IT workflows. Deployed by 200+ organizations from Fortune 500 companies to federal agencies, Tracecat is built on Temporal's durable execution platform (used by Datadog, Netflix, and Stripe) and offers 100+ integrations, AI-assisted runbooks, case management, and lookup tables. Founded in 2024 by Chris Lo and Daryl Lim.
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