Cybersecurity automation firm Torq lands $42M in expanded Series B

Jan 23, 2024•almost 2 years ago

Amount Raised

$42 Million

New YorkSecurity

Investors

Evolution Equity PartnersGreenfield PartnersInsight PartnersGgv CapitalBessemer Venture Partners

Description

Cybersecurity automation firm Torq announced a $42 million extension to its Series B funding round from investors including Bessemer Venture Partners, GGV Capital, Insight Partners, Greenfield Partners, and Evolution Equity Partners.

Company Information

Company

Torq

Location

New York, New York, United States

About

Torq is a no-code automation platform for security teams. Torq allows any security professional to connect to any system, anywhere, and easily create automated workflows that streamline security processes. Fortune 100 enterprises and cutting edge startups alike trust Torq to help them maximize their cybersecurity investments, respond to threats faster, and deliver protection at the speed of business.

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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