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
Amazon Web Services (AWS), the world's largest cloud computing provider, has confirmed that two of its data centers in the United Arab Emirates were "directly hit" by drones, disrupting services across parts of the Middle East.
A wave of cyber-enabled operations took place early Saturday morning alongside the joint U.S.-Israeli attack on targets across Iran, according to cybersecurity experts and observers.
Nvidia CEO Jensen Huang is set to visit Israel in the second half of April, around Independence Day, according to Globes. He will be the second major US tech figure to visit the country this spring, following a planned trip by Elon Musk.
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.