In a significant boost to the cybersecurity and automation landscape, Tines, a Dublin-based AI-powered automation startup, has successfully raised $125 million in its latest funding round, led by Goldman Sachs. This investment catapults the company’s valuation to $1 billion, marking a pivotal milestone in its journey toward transforming security and automation processes for enterprises worldwide.
Revolutionizing Cybersecurity with AI and Automation
Founded by Eoin Hinchy and Thomas Kinsella, Tines was created to tackle the ever-growing challenges of cybersecurity and operational inefficiencies through no-code automation. The company’s AI-driven security orchestration, automation, and response (SOAR) platform enables businesses to streamline workflows, enhance threat detection, and significantly reduce response times—without requiring deep technical expertise.
With this latest infusion of capital, Tines is poised to scale its operations, expand its market reach, and further refine its cutting-edge automation solutions. As cyber threats become increasingly sophisticated, the need for real-time, intelligent security automation has never been greater, and Tines is at the forefront of this evolution.
Goldman Sachs Backs a Cybersecurity Game-Changer
The participation of Goldman Sachs Asset Management in this funding round underscores the growing investor confidence in AI-driven cybersecurity solutions. Alongside Goldman Sachs, other investors in this round include Accel, Index Ventures, and Addition—all of whom recognize the potential of Tines to disrupt the cybersecurity and automation industry.
According to Tines CEO Eoin Hinchy, the funding will be instrumental in expanding the company’s workforce, enhancing research and development efforts, and forging new partnerships.
“We are on a mission to democratize automation for security teams and businesses worldwide. With this funding, we will accelerate our efforts to make security operations faster, smarter, and more resilient,” said Hinchy.
The Growing Demand for AI in Cybersecurity
The cybersecurity landscape is undergoing rapid transformation, driven by an exponential increase in cyber threats, data breaches, and compliance demands. Traditional security measures are no longer sufficient, prompting companies to seek innovative solutions that leverage AI and automation.
Tines offers a low-code/no-code approach to automation, empowering security teams to create and deploy custom workflows with minimal engineering support. By eliminating bottlenecks and improving efficiency, Tines is enabling enterprises to stay ahead of threats while optimizing their security infrastructure.
What’s Next for Tines?
With fresh funding in hand, Tines is set to embark on an ambitious growth trajectory. Key focus areas include:
- Product Innovation: Enhancing AI capabilities to make security automation even more intuitive and proactive.
- Global Expansion: Strengthening its presence in the U.S., Europe, and Asia, where demand for cybersecurity solutions is skyrocketing.
- Strategic Partnerships: Collaborating with leading cybersecurity firms to integrate Tines’ automation technology into wider enterprise ecosystems.
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The Bigger Picture: AI and Automation in Security
Tines’ success story is part of a broader trend in which AI-powered automation is reshaping the future of cybersecurity. As businesses face mounting pressure to secure their digital assets while maintaining operational efficiency, solutions like Tines are becoming indispensable.
For investors, this funding round highlights the increasing appetite for AI-driven security solutions. With deep-pocketed backers like Goldman Sachs and a rapidly growing market, Tines is well-positioned to lead the charge in transforming cybersecurity automation.
Final Thoughts
The $125M funding round for Tines is more than just a financial milestone—it’s a testament to the evolving role of AI in cybersecurity. As the company gears up for the next phase of growth, it stands as a beacon for AI innovation, security automation, and enterprise resilience.
With Goldman Sachs, Accel, and Index Ventures in its corner, Tines is set to redefine how security teams operate, making cybersecurity smarter, faster, and more adaptive than ever before.
Stay tuned for more updates on Tines and the evolving world of AI-powered cybersecurity!
