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Coro Raises $75M At A $575M Valuation To Grow Its All-In-One Cybersecurity Platform

Apr 19, 2023over 2 years ago

Amount Raised

$75 Million

ChicagoSecuritySoftware

Description

Simplification has been a big theme in the enterprise world in the last couple of years. If a company can consolidate multiple point solutions into one product or contract, it can reduce complexity and ultimately costs for the end user — so long as those all-in-one offerings are effective at doing the job that 5, 10 or 30 separate pieces of software were doing before.

Company Information

Company

Coro

Location

Chicago, Illinois, United States

About

Coro is the leading cybersecurity platform for small and midsize businesses, making security simpler and smarter through the world’s first modular cybersecurity platform. Coro empowers organizations to defend against ransomware, phishing, malware, insider threats, and more—across users, devices, networks, and cloud apps. Coro’s modular platform stops threats in its tracks—automatically detecting and remediating security threats across businesses without draining IT resources. Coro is one of North America's fastest-growing cybersecurity companies, ranked on the 2024 Deloitte Technology Fast 500 for the second year in a row.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech