Tech Company Financing Transactions
Torq Funding Round
Torq closed a $70 million Series C funding round on 9/24/2024. Investors included Evolution Equity Partners and private investors.
Transaction Overview
Company Name
Announced On
9/24/2024
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Series C
Investors
Evolution Equity Partners (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
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.
Management Team
Title
Name
Email & Social
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