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Two Hat Securityrevenue, acquisition & funding

Natural Language Processing (NLP) SoftwareCanadaFounded 2012

Two Hat Security was acquired by Microsoft.

Two Hat Security is a Natural Language Processing (NLP) Software company based in Canada, founded in 2012.

twohat.comLinkedInUpdated Apr 19, 2022
Annual revenue
$5.5M
Apr 2021
Owner
Microsoft
Date not on record
Total raised
$10.7M
5 rounds
Employees
66
Apr 2021

Two Hat Security revenue

Two Hat Security's annual revenue was $5.5M in April 2021, its last figure before Microsoft bought it (source not recorded).

$0
$2M
$4M
$5.5M
2021
ReportedOne figure per year; a reported figure wins over an estimate
As ofRevenueSource
Apr 2021$5.5M–

– source not recorded

Who owns Two Hat Security

Microsoft owns Two Hat Security. The date and price of the deal are not on record.

Two Hat Security funding rounds & investors

Two Hat Security has raised $10.7M across five rounds since 2013. The latest was a $7.5M Series A in November 2019.

DateRoundRaisedValuation
Nov 2019Series A$7.5M–
Jun 2016Seed$1.6M–
Oct 2015Seed$750K$10M
Oct 2015Seed$601.8K$7.7M
Dec 2013Seed$200.6K$4.7M
Total raised$10.7M

Two Hat Security CEO, founders & employees

Steve Parkis founded Two Hat Security in 2012 and led it as CEO. Two Hat Security had 66 employees (April 2021).

0
20
40
60
66
2021
ReportedOne figure per year; a reported figure wins over an estimate

Team mix (Apr 2021): 18 engineers, 6 in sales, 2 in marketing

Two Hat Security FAQ

What was Two Hat Security's revenue?

Before Microsoft bought it, Two Hat Security's annual revenue was $5.5M in April 2021 (source not recorded).

Who owns Two Hat Security?

Microsoft owns Two Hat Security.

How much funding has Two Hat Security raised?

Two Hat Security raised $10.7M across five funding rounds before Microsoft bought it. The last was a $7.5M Series A in November 2019.

How many employees does Two Hat Security have?

Two Hat Security had 66 employees in April 2021.

Who founded Two Hat Security?

Steve Parkis founded Two Hat Security in 2012.

How this page is sourced

Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Apr 19, 2022Data disclaimerReport a correctionClaim this profileRun Two Hat Security? Join the podcast