Coro, a U.S.-Israeli cybersecurity platform for small and medium-sized businesses (SMEs), has raised $100 million in a private funding round at a company valuation of $750 million, it said on Thursday.
Coro is an all-in-one cybersecurity system that offers an enterprise-grade security software platform to SMEs © X
Coro, a U.S.-Israeli cybersecurity platform for small and medium-sized businesses (SMEs), has raised $100 million in a private funding round at a company valuation of $750 million, it said on Thursday.
The series D round was led by One Peak, with participation from existing investors Energy Impact Partners and Balderton Capital, it said, bringing total funds raised to $255 million in the past 24 months.
The new funds will be used to boost product innovation and accelerate global expansion, Coro said.
Coro is an all-in-one cybersecurity system that offers an enterprise-grade security software platform to SMEs, covering endpoint protection as well as email and user protection plus network and cloud protection.
SMEs, the company said, are facing increasing volumes and complexity of cyberattacks and lack affordable solutions to help them to protect themselves adequately.
"We aim to turn Coro into a multibillion-dollar company, as we’ve done multiple times before,” said Yoav Tzruya, general partner at Jerusalem Venture Partners and a Coro board member.
Reporting by Steven Scheer
Meta Platforms' Oversight Board said on Wednesday the Facebook parent should not automatically remove a phrase seen by some as displaying solidarity with Palestinians and by others as an endorsement of violence against Jews.
A lawyer for Telegram boss Pavel Durov, who is being investigated in France, said it was "totally absurd" to suggest the head of a social network was responsible for any criminal acts committed on the platform, French media said.
An Iranian hacking group ran a fake professional recruiting business to lure national security officials across Iran, Syria and Lebanon into a cyber espionage trap, according to new research by U.S. cybersecurity firm Mandiant, a division of Alphabet's Google Cloud.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.