Torq Raises $50M In Series B To Reinvent Security Automation For Modern Digital Enterprises
Amount Raised
$50 Million
Round Type
Series B
New YorkSecurityNetwork SecurityDescription
Torq, a no-code automation platform for security teams, today announced that it has raised a $50M Series B round, led by New York-based global private equity and venture capital firm Insight Partners, with participation from SentinelOne. Existing investors GGV Capital and Bessemer Venture Partners also participated in the round, bringing Torq’s total funding to $78 million. The new funding will be used to further accelerate the company’s expansion to meet rapidly increasing demand from enterprise customers and managed security service providers.
Who else raised in Security and Network Security around the same time
Companies in the same sectors as Torq that raised within 45 days of this round, from Fundz verified event records.
- TrojAI raised $500K (Seed) on December 22, 2021.
- Claroty raised $400M (Series E) on December 14, 2021.
- Kasada raised $23M (Series C) on December 6, 2021.
- Horizon 3 AI raised $35M on November 12, 2021.
- Horizon 3 AI raised $30M (Series B) on November 2, 2021.
- Anitian raised $55M (Series B) on January 20, 2022.
Who to call at Torq, and when
A new round usually means Torq is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Torq raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Torq, from your own LinkedIn network
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Fundz sees it the moment Torq raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansTorq raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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