Duo Security
Ann Arbor, Michigan, United States
Valuation · 2017
$1.1B
2021 Revenue
$57.2M
Customers
10K
Funding
$121.5M
Avg ACV
$5.7K
Team · 2023
706
Founded
2010
Duo Security Revenue, Valuation & Funding (2021)
Duo Security generated $57.2M in revenue in 2021.
Duo Security, now a part of Cisco, is a cybersecurity company that provides cloud-based access security and multi-factor authentication solutions. The company's solutions aim to protect against data breaches, phishing attacks, and other security threats. Duo's customers include businesses, government organizations, and educational institutions, and the company has a presence in various industries, including healthcare, finance, and retail.
Last updated
Duo Security Revenue
In 2021, Duo Security's revenue reached $57.2M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Duo Security Hit $57.2m revenue in April 2021 | Not recorded |
| 2010 | Launched with $0 revenue |
Duo Security Valuation, Funding Rounds
Duo Security reached a $1.1B valuation in 2017, set during its Series D round.
Duo Security has raised $121.5M in total funding across 6 rounds, most recently a $70M Series D round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Series D | $70M | $1.1B | 6% | Not recorded |
| 2016 | Grant | $2.5M | - | - | Not recorded |
| 2015 | Series C | $30M | - | - | Not recorded |
| 2014 | Series B | $12M | - | - | Not recorded |
| 2012 | Series A | $6M | - | - | Not recorded |
| 2010 | Seed | $1M | - | - | Not recorded |
Founder / CEO
Customers
Duo Security serves 10K customers.
Duo Security Employees & Team Size
Duo Security employs approximately 706 people as of 2026, up from 681 in 2021, including 162 sales reps that carry a quota. It serves 10K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 706 employees (July 2023) | Not recorded |
| 2021 | Reached 681 employees (April 2021) | Not recorded |
Frequently Asked Questions about Duo Security
Is Duo Security still an independent company?
No. Duo Security was acquired.
What is Duo Security's revenue?
As of 2021, Duo Security generated $57.2M in revenue.
When was Duo Security founded?
Duo Security was founded in 2010.
How much funding does Duo Security have?
Duo Security raised $121.5M across 6 rounds.
How many employees does Duo Security have?
As of 2023, Duo Security had 706 employees.
Where is Duo Security headquartered?
Duo Security is headquartered in Ann Arbor, Michigan, United States.
Compare Duo Security to the industry
Duo Security operates across multiple industries. Browse revenue, funding, and growth data for Duo Security in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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