Coro, a New York-based provider of a cybersecurity platform for mid-market organizations, raised additional $75M in funding.
With this round, Coro added Energy Impact Partners to its current investors Balderton Capital and JVP.
The company intends to use the funds for expansion both organically (across its R&D, channel, sales and service teams) and through strategic acquisitions.
Led by Guy Moskowitz, CEO, Coro provides a cybersecurity platform that unifies comprehensive protection into a single solution to empower organizations to defend against malware, ransomware, phishing, data leakage, insider threats and bots across devices, users, and cloud applications. The platform automatically detects and remediates the many security threats that today’s distributed businesses face, without IT teams having to worry, investigate, or fix issues themselves.
More than 5,000 businesses currently use Coro for holistic security protection. Over the past year, the company tripled its revenue, customer and employee base, and signed more than 100 new channel partners. Coro also expanded its presence in Chicago, where a new business enablement center is under development to support the company’s direct sales team and network of resellers.
FinSMEs
19/04/2023