Tech Company Financing Transactions
Torq Funding Round
On 12/8/2021, Torq received $50 million in Series B funding from Insight Venture Partners, Bessemer Venture Partners and GGV Capital.
Transaction Overview
Company Name
Announced On
12/8/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Insight Venture Partners (Lead Investor) (Steve Ward)
Proceeds Purpose
The company plans to use the new funding to support its growing number of customers and prospects as they scale their usage of the service.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
2175 NW Raleigh St.
Portland, OR 97210
USA
Portland, OR 97210
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
At Torq, we understand the challenges facing front line security teams, who are often overwhelmed as the number of security events continues to rise within increasingly complex environments.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 12/8/2021: Liqid venture capital transaction
Next: 12/8/2021: Intellihot venture capital transaction
Share this article
News on VC Transactions
We do our best to document every notable VC transaction. VC transactions reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs