Today our portfolio company Torq has announced their $70 million Series C! 🚀
Torq continues to redefine the security automation landscape, having tripled its revenue and customer base for the second year in a row. Torq is rapidly cementing it’s position as a global leader, powering enterprises like Procter & Gamble, PepsiCo, and Siemens with AI-driven hyperautomation.
“Torq’s traction and popularity with customers speaks for itself. The company has tapped into deep needs in the SOC for automation and anything else AI can assist with. What’s exciting is that what the company has accomplished is just the tip of the iceberg, and there is a lot more coming down the pike that we are really excited about and know customers will love,” says General Partner Avery E. Schwartz.
This round, led by Evolution Equity Partners and joined by ourselves at Greenfield Partners, Bessemer Venture Partners, Notable Capital, and Strait Capital, will bolster Torq’s expansion across EMEA and APAC, grow their R&D and sales teams, and further develop cutting-edge generative AI capabilities for security operations.
Torq stands at the forefront of security hyperautomation. By streamlining complex security workflows, Torq empowers security teams to stay ahead of vulnerabilities, making autonomous security operations a reality.
A major congratulations to the Torq team! Ofer Smadari Leonid Belkind Eldad Livni Josh Morris Don Jeter Yaron Bartov
#Torq #Cybersecurity #Hyperautomation #CultivatingGrowth
