Tines Raises $55 Million in Series B Extension  

by Kay Aloha Villamor in October 6th, 2022

Tines, a Dublin, Ireland-based no-code automation platform for security teams, announced that it raised an additional $55 million in Series B funding, bringing Tines' total funding to $96.2 million.

The round was led by Felicis, with participation from existing investors, including Accel, Blossom Capital, Addition, and Lux Capital.

This extension will enable Tines to accelerate adoption by enterprises globally.

Coinbase, McKesson, Canva, Databricks, MongoDB, Sophos, Kayak, and Fenergo have joined the list of customers who use the company's no-code platform to automate repetitive manual tasks and grow their businesses.

"We're thrilled to be working with Felicis. Tines is tailor-made to help other companies do more with less. We've worked really hard to become a market leader, and now is not the time to slow down; we believe the need for no-code automation has never been greater," said Eoin Hinchy, Co-founder and CEO of Tines. "We'll use this investment to double down on our go-to-market efforts, research and development, and partnership alliances, and continue to ruthlessly focus on our priorities."

Aydin Senkut of Felicis and Tom Killale, a former Vice President of Technology at Amazon.com, joined the Tines Board.

Company: Tines Security Services Limited

Raised: $55.0M

Round: Series B

Funding Month: October 2022

Lead Investors: Felicis

Additional Investors: Accel, Blossom Capital, Addition, and Lux Capital

Company Website: https://www.tines.com/

Software Category: no-code Automation Platform for security teams

About the Company: Founded in 2018 by former security practitioners Eoin Hinchy and Thomas Kinsella, Tines is a no-code automation platform for security teams designed to allow anyone to automate any manual task, regardless of complexity. It's the only platform that bypasses the need for programming skills, delivering powerful automation straight into the hands of front-line analysts and operators, with no apps, plugins, or custom code required. Tines brings an impact-first approach to all teams, securely automating thousands of mission-critical daily workflows across a diverse range of customers, including Coinbase, Box, Kayak, Databricks, McKesson, and Canva. Tines has over 150 employees across four continents, 13 US states, and ten time zones.

Source: https://www.globenewswire.com/news-release/2022/10/04/2528074/0/en/Tines-Raises-55-Million-Through-Series-B-Extension-Led-by-Felicis.html


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