Tines, the Dublin-based cybersecurity automation startup, has raised an additional $11 million from Accel and Index Ventures, just weeks after securing $4.1 million from Blossom Capital.
Eoin Hinchy and Thomas Kinsella founded the company in 2018 to help security analysts automate repetitive, manual tasks without knowing how to code. In under a year, Tines has onboarded 10 enterprise customers across a variety of industries, including Box, Auth0 and McKesson, with companies automating on average 100 thousand actions per day.
Tristan Waldear, Security Automation Manager from Box said: “Automation has been a key part of Box's cyber threat detection and response capabilities over the last few years. We chose Tines because it complements our existing environment perfectly – its intuitive automation story concept gives our incident responders desired control of workflow design; yet its flexibility allows us to seamlessly layer it on top of what we have already built.”
Commenting on the investment, Seth Pierrepont of Accel said: “Having spent more than a decade as security operators, Eoin and Thomas have a deep understanding of and appreciation for the pain points that security teams are facing today. We believe automation has become a ‘must-have’ tool within enterprise security operations, and Tines’ easy-to -implement and -customize approach positions it well to very quickly become a category leader.”
The funding will fuel Tines’ expansion across Europe and into the US. The Irish company will also continue building its commercial and engineering teams, including in-house research and development programs.