Tines announces $50 million in Series B funding led by Accel and Felicis

Apr 24, 2024•about 1 year ago

Amount Raised

$50 Million

Round Type

series b

DublinCyber SecuritySoftware

Investors

SvciCrowd Strike Falcon FundAdditionFelicisAccel

Description

Tines, the trusted leader in smart, secure workflows, has announced $50 million in new funding as an extension to its Series B, bringing the total capital raised to date to $146.2 million. The new investment will enable Tines to continue helping its wide range of customers enhance their workflow automation capabilities and add AI enhancements for ease of use.

Company Information

Company

Tines

Location

Dublin, Dublin, Ireland

About

At Tines, we're building a future where technology empowers businesses and people to work smarter and more securely. Leaders across a wide array of industries, including Canva, Elastic, Kayak, Intercom, McKesson and Oak Ridge National Laboratory use Tines' AI-powered workflows to operate more effectively, mitigate risk, reduce tech debt, and do the work that matters most. Co-headquartered in Dublin and Boston, Tines has raised $272M in funding to date from investors including Goldman Sachs, Softbank, Activant, Felicis, Addition, Accel, Blossom Capital and Lux Capital.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Tines announces $50 million in Series B funding led by Accel and Felicis

Investors

Description

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