INSUBCONTINENT EXCLUSIVE:
It was just a couple of months ago that Tines, the cybersecurity automation startup, raised $4.1 million in Series A funding led by Blossom
The Dublin-based company is now disclosing an $11 million extension to the round.This additional Series A funding is led by venture capital
firm Accel, with participation from Index Ventures and previous backer Blossom Capital
The extra cash will be used to continue developing its cybersecurity automation platform and for further expansion into the U.S
and Europe.Founded in February 2018 by ex-eBay, PayPal and DocuSign security engineer Eoin Hinchy, and subsequently joined by former eBay
and DocuSign colleague Thomas Kinsella, Tines automates many of the repetitive manual tasks faced by security analysts so they can focus on
The idea is that, regardless of the process being automated, it only requires combinations of these six agent types configured in different
Instead, Tines is able to plug in to any system that has an API
heard that Eoin, a senior member of the security team at DocuSign (another Accel portfolio company), had recently left to start Tines, so we
However, we were so convinced by the founders, their product approach and the market timing, that we asked them to extend the
backgrounds, the cybersecurity automation sector should be the primary focus for the company in the short term
than a year, Tines says it has on-boarded 10 enterprise customers across a variety of industries, including Box, Auth0 and McKesson, with
companies automating on average 100,000 actions per day.
