Coro, a NYC-based cybersecurity platform for mid-market organizations, acquired Privatise, an Israeli supplier of network security solutions for in-office and remote work.
The amount of the deal was not disclosed.
With the acquisition, Coro now offers a single source of comprehensive security and protection — all managed through a unified, cloud-based platform — for any organizational configuration.
Led by Guy Moskowitz, CEO, Coro provides a SASE solution that includes military grade VPN, Secure RDP, ZTNA, Next Generation Firewall, DNS Filtering, and is fully integrated into its holistic security architecture, eliminating security gaps caused by siloed approaches to SASE. Whether a company’s assets are cloud first, on-prem, or hybrid, Coro can protect the user, the device they use, the network they connect through, their emails, and the data they access, use and share, all while ensuring compliance with critical supply chain and industry regulations.
In April, the company announced a $75M funding round from Energy Impact Partners, bringing the total funding raised in the last 12 months to $155M. In addition to Energy Impact Partners, investors include Balderton Capital, JVP, and Ashton Kutcher’s Sound Ventures. Coro projects it will grow 300% year-over-year in 2023, extending its 300% annual growth record to a 5th year in a row.
The company’s modern approach to cybersecurity has been validated by more than 5000 mid-market customers across every vertical industry. Over the past year, Coro tripled its revenue, customer and employee base, and signed more than 100 new channel partners.
FinSMEs
26/07/2023