Devo Technology, a security analytics company, said on Tuesday it has raised US$250 million at a valuation of US$1.5 billion in a funding round led by Silicon Valley venture capital firm TCV. Devo said it will use the capital raised to enter new markets. The Series E round, which brings the total funds raised by the company to over US$400 million, also drew investments from General Atlantic, Eurazeo, Bessemer Venture Partners and Insight Partners, among others.