Torq has raised $140 million in Series D funding to enhance its AI-driven security operations platform, achieving a valuation of $1.2 billion amidst rising global demand for advanced cybersecurity solutions.
Information on the Target
Torq is at the forefront of innovation in cybersecurity, offering an AI-driven security operations center (SOC) platform that aims to transform how enterprises handle their cybersecurity efforts. Rather than relying on traditional SOAR (Security Orchestration, Automation, and Response) and SIEM (Security Information and Event Management) tools, Torq introduces autonomous AI agents capable of managing complex alert triage, investigations, and remediation processes at scale. The flagship HyperSOC platform utilizes advanced hyperautomation and natural language processing technologies, effectively converting reactive security teams into proactive strategists that can autonomously manage millions of security actions for some of the largest organizations worldwide.
Industry Overview in Israel
Israel has established itself as a global leader in the cybersecurity industry, often referred to as a cybersecurity startup nation. The country's robust technological ecosystem is powered by its strong military intelligence infrastructure, particularly from units like Unit 8200, which trains many of the nation's top cybersecurity talents. The Israeli cybersecurity market continues to attract significant investment, with venture capital funding consistently growing, underscoring the high demand for innovative security solutions.
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Additionally, Israel's strategic geopolitical position emphasizes the need for heightened security measures, not just for governmental institutions but also for the private sector. The prolif
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Disclosed details
Transaction Size: $140M
Enterprise Value: $1,200M
Equity Value: $1,200M