Companies

Irish cybersecurity firm Tines raises $55m in major funding round

The move means the company has now raised more than $96m since its establishment in 2018

Eoin Hinchy and Thomas Kinsella, founders of Tines. The company is now valued at more than $300m. Picture: Fergal Phillips

Tines, the Irish cybersecurity automation start-up, has raised $55 million in an extended Series B funding round to fund its development plans and new hires.

The round was led by Felicis, the US-based venture capital firm, and means the company is now valued at more than $300 million, according to TechCrunch, an American technology publication, which first reported the news.

It comes after Tines, founded by Eoin Hinchy and Thomas Kinsella, was named in June ...