Tech Company Financing Transactions
Torq Funding Round
On 1/23/2024, Torq raised $42 million in Series B financing from Bessemer Venture Partners, Evolution Equity Partners and GGV Capital.
Transaction Overview
Company Name
Announced On
1/23/2024
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Series B
Investors
Proceeds Purpose
the new cash will be put toward expanding Torq's platform, including with AI capabilities; international growth; and increasing Torq's sales channel presence.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
HaMelacha 3 Floor 10-11
Tel Aviv, Undisclosed
Israel
Tel Aviv, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Overview
Torq is leading the way in hyperautomation--the ability to rapidly identify, vet, integrate, and automate as many business and IT processes as possible. We're addressing a critical need in the modern cybersecurity portfolio. Torq emancipates security teams from manually managing threat detection and remediation at scale, and ensuring all of their systems are talking to each other, and working together in concert.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ofer Smadari
Chief Financial Officer
Yaron Bartov
Chief Information Officer
Eldad Livni
Chief Marketing Officer
Don Jeter
Chief Technical Officer
Leonid Belkind
Chief Technical Officer
Marco Garcia
VP - Bus. Development
Natasha Fulbright
VP - Human Resources
Karin Zimet
VP - Product Management
Omer Efrat
VP - R & D
Eldad Rudich
VP - Sales
Josh Morris
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