Coro, a security-as-a-service (SaaS) company catering to small- and mid-sized enterprises, has successfully raised
280 million. The funding round, spearheaded by One Peak and supported by Energy Impact Partners and Balderton Capital, marks a significant milestone for Coro.
Established in 2014 and headquartered in Israel, Coro specializes in delivering an AI-powered all-in-one security platform tailored to offer enterprise-grade security and protection to SMEs. This solution encompasses endpoint, network, cloud, email, and user protection, shielding SMEs from various cyber threats like malware, phishing attacks, and data breaches.
The platform’s modular design consolidates all security functionalities into a unified dashboard, data engine, and endpoint agent, simplifying deployment and management processes. It automates the identification and mitigation of numerous security threats, enhancing the overall cybersecurity posture for small and medium-sized enterprises.
Coro reports substantial year-over-year growth for five consecutive years and significant investments in expanding its presence in North America. With an established foothold in various verticals, Coro aims to serve organizations across diverse industries.
The newly secured investment will fuel Coro’s continuous product innovation efforts, bolster its channel partner program, and expedite global expansion by establishing local marketing and channel teams. CEO Guy Moskowitz emphasized the goal of extending Coro’s revolutionary cybersecurity solutions to a broader range of organizations through their extensive global network of partners.
