Torq, a pioneering leader in AI-driven security hyperautomation, has successfully closed its Series C funding round, amassing $70m.
This substantial investment was spearheaded by Evolution Equity Partners and saw significant participation from notable firms including Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Strait Capital.
This round of funding adds to an impressive year for Torq, which included an expanded Series B in January, bringing its total raised in 2024 to $112m. Since its inception in 2020, Torq has secured $192m in funding.
Torq is at the forefront of revolutionizing security operations platforms by leveraging cutting-edge generative AI. The firm’s flagship product, the Torq HyperSOC, employs Natural Language Processing (NLP) to automate critical security operations center (SOC) tasks.
This innovative solution helps streamline security event investigation, triage, and remediation, significantly reducing alert fatigue and improving response times. Torq’s technology also provides comprehensive case management capabilities, enabling security teams to automate complex processes with unprecedented ease.
The latest funding will be utilized to fuel Torq’s expansion across EMEA and APAC regions, and to enhance their world-class engineering, R&D, and sales teams. Additionally, Torq plans to double down on generative AI enhancements, reinforcing its commitment to advancing cybersecurity solutions.
Moreover, Torq has demonstrated extraordinary growth in revenue and customer base for the second consecutive year, tripling its figures annually. This growth underscores the increasing enterprise adoption of the Torq HyperSOC, designed to address the dynamic challenges of modern cybersecurity environments.
Torq HyperSOC has transformed how companies like Check Point handle internal security alerts by enabling automated responses without human intervention. “Today, Torq HyperSOC investigates, triages, and remediates many of Check Point’s internal security alerts without any human intervention,” Jonathan Fischbein, CISO at Check Point, shared.
Ofer Smadari, CEO and co-founder of Torq, expressed his pride in the company’s trajectory, “Our Series C round underlines the fact that Torq customers, partners, and employees have combined into one of the most powerful, influential, and fastest-growing ecosystems in all of cybersecurity,” he said. Additionally, Richard Seewald, Founder and Managing Partner at Evolution Equity Partners, praised Torq’s profound impact on the security sector, “Evolution is incredibly proud to back Torq as it continues to deliver such deep value for security operations teams worldwide.”
Previously, Torq raised a total of $112m during 2024 alone, marking a significant year of funding that has set the stage for its future growth initiatives.
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