Torq, a Portland OR-based no-code automation platform for security teams, raised $50M in Series B funding.
The round, which brought Torq’s total funding to $78m, was led by Insight Partners with participation from SentinelOne, GGV Capital and Bessemer Venture Partners.
The company intends to use the funds to further accelerate expansion to meet demand from enterprise customers and managed security service providers.
Led by Ofer Smadari, CEO, Torq provides a no-code automation platform which allows any security professional to connect to any system, anywhere, and create automated workflows that streamline security processes. The platform improves every aspect of an enterprise security program, from application security and continuous vulnerability management, to supply chain security, identity and access management, and cloud security remediation. It is used by Fortune 100 enterprises and startups to maximize their cybersecurity investments, respond to threats faster, and deliver protection at the speed of business.
FinSMEs
08/12/2021