Israel’s Torq, a cybersecurity startup, has achieved unicorn status with a recent $140 million Series D funding round, valuing the company at $1.2 billion. Specializing in autonomous AI-driven security operations, Torq attracted investment from notable firms including Insight Partners and JPMorgan Private Bank, raising a total of $332 million. CEO Ofer Smadari emphasized the importance of their technology in exceeding legacy SOAR and SIEM functionalities, aiming to redefine the AI Security Operations Center (SOC) market.
With current employment exceeding 350 and plans to hire 200 more, Torq anticipates approximately 300% revenue growth in 2025, largely from Fortune 100 clients like PepsiCo and Uber. The company is gearing up for expansion into public sector markets, supported by its partnership with Merlin Ventures. Founded in 2020 by cybersecurity veterans, Torq aims to revolutionize security operations through advanced automation and AI, setting a new standard in the cybersecurity landscape.
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