Coro News
18 articlesIsraeli Cybersecurity Company CORO Grew by 2,670% in 3 years: Became One of the Leading Companies in the USA | CTech
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החברה הישראלית צמחה ב-2,670%: הפכה לאחת החברות המובילות בארה"ב
CORO, a company specializing in cybersecurity solutions for small and medium-sized businesses, has been recognized again in the prestigious Deloitte Technology Fast 500 list, ranking 51st among the fastest-growing technology companies in the United States. Over the past two years, CORO has raised a total of $255 million and achieved a growth rate of 2,670% over the last three years. These achievements underscore the trust and confidence investors and the industry have in COROs unique technological solutions. Additionally, CORO was recently included in Fortunes Cyber 60 list and won the The Black Unicorns 2024 award from Cyber Defense Magazine, reinforcing its status as a global leader in cybersecurity solutions.
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Coro Named Fastest Growing Cybersecurity Company at 2024 Cybersecurity Excellence Awards
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Cyber startup Coro nets $100 million Series D to make enterprise-grade security accessible to all | CTech
Israeli cybersecurity startup Coro has raised $100 million in a Series D funding round led by One Peak, with participation from existing investors Energy Impact Partners and Balderton Capital. This brings the companys total funding to $255 million in the past 24 months. Coro provides an enterprise-grade security software platform to small and medium-sized enterprises (SMEs), covering endpoint protection, email and user protection, and network and cloud protection. The company plans to use the funding for geographical expansion, strategic acquisitions, and significant investment in its platforms.
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Coro Ranked in the Top 5 Security Products for 2024 by G2
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Cyber startup Coro raises an additional $75 million to secure mid-market organizations | CTech
Israeli cybersecurity startup Coro has raised $75 million in funding, consisting of $45 million in financing and $30 million in debt. The funding round reflects the positive growth trend of the company, which has seen a tripling of its revenue, customer and employee base, and the signing of over 100 new channel partners. Coro plans to use the funds to support its growing customer base, drive aggressive growth, and expand the capabilities of its cybersecurity platform. The company projects a 300% year-over-year growth in 2023 for the fifth consecutive year. The current funding round valued the company between $500 and $700 million.
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Cyber Security Innovator Coro Launches Incubiz, a Unique Incubator Program to Discover and Develop the Next-Generation of Cyber Security Entrepreneurs
Coro, a cyber security platform, has announced the launch of its Incubiz program in Chicago, Illinois. The program aims to help entrepreneurs build and grow successful businesses in the cyber security market with zero risk, upfront costs, or experience needed. It is open to individuals looking to start a cyber security business or provide outsourced security monitoring and management services. Participants will receive training, support, and infrastructure to build their skill set and launch their own cyber security business. The Incubiz program is part of Coros mission to close the national cyber security skills gap and provide equitable employment opportunities. Coro has experienced significant growth in recent years and received $80 million in funding earlier this year. The company plans to expand the Incubiz program nationwide in the future.
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Coro Raises $80M To Address Security Gaps In Businesses
Israeli cybersecurity company Coro has completed an $80 million Series C funding round led by Balderton Capital. The funding will be used to accelerate the provision of its AI-integrated cybersecurity platform and triple the growth of its global team. Coros platform addresses security gaps in devices, email, and cloud applications for mid-market and small and medium-sized businesses. The platform uses AI to offload security workload from IT teams, making enterprise-grade security accessible to a wider range of businesses. Coro has a growing customer base in various industries. With the latest funding, Coro aims to become the standard cybersecurity platform for mid-market companies.
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Coronet, Slice and AXA expand SMB resources for securing on-demand cyber insurance protection - Help Net Security
Coronet has announced a partnership with Slice Labs to provide on-demand cybersecurity insurance to small business customers. The insurance will be underwritten by AXA XL, and Slice may offer a discount to Coronet customers. The partnership aims to protect SMBs from the risks associated with using cloud technology. Both Coronet and Slice offer subscription-based models for quick and easy protection. The collaboration demonstrates a commitment to holistic protection for SMBs and aims to raise awareness and education about cyber risk in the SMB market.
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Cybersecurity Firm Coronet Increases Monthly Active Users by 733 Percent Year-Over-Year to 2.5 Million Worldwide in 2018
Coronet, a data breach protection company, has announced a 733% increase in worldwide monthly active users in 2018. The company grew its user base from 300,000 to 2.5 million, largely due to partnerships with Lenovo and Dropbox. As a result of its rapid adoption, Coronet’s data breach protection platform prevented more than 62 million security events, saving an estimated 2.6 million hours in productivity. The company provides small and mid-sized businesses with a simple, affordable and instant-on solution offering real-time protection against cyber-attacks.
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Dropbox Partners with Coronet to Bolster Data Breach Protection
Coronet has entered into a partnership with Dropbox to complement Dropboxs native security features with its data breach protection platform. The partnership aims to enhance the security of Dropbox users data stored in the cloud. Coronets platform detects and blocks suspicious behavior, provides data loss prevention, malware mitigation, and identifies suspicious user behavior. The integration will be available to Dropbox Business customers by the end of 2018.
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CORONET Announces Free Enterprise-Grade Cloud Security For Mid-Market Businesses
CORONET, a cloud security company, has announced that its enterprise-grade cloud security platform, SecureCloud, is now available for free to mid-market businesses. The platform automatically protects cloud apps from unauthorized access, data theft, and malware spread. It uses AI to identify and mitigate risks, reducing total cost of ownership by over 80%. CORONET aims to help mid-market businesses protect their cloud assets, as cyberattacks against these businesses are increasing. The SecureCloud platform provides continuous real-time visibility, controls, and remediation against attacks. Cloud attacks have increased by over 300% in the past year, and CORONETs platform simplifies the process of ensuring true cloud security. The company recently released a report on cybersecurity in American cities, ranking Las Vegas, Memphis, and Charlotte as the most cyber insecure cities.
Customers
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Former Disrupt Battlefield competitor Coronet automates security for SMBs in latest update
Coronet has released the latest version of its cloud security product, Coronet SecureCloud, which introduces a layer of autonomy for SMBs. The system allows IT or security personnel to define rules, and the system takes care of the rest without intervention. It ensures device security, validates user identity, and prevents malware from spreading to cloud services. The system detects and mitigates threats in real time, forcing employees to fix issues before logging on. Pre-configured rules are available for popular cloud software packages. The autonomous security solution is designed to simplify security for SMBs, who often struggle to keep up with the latest vulnerabilities and patches. Coronet SecureCloud is available starting today.
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Chinese fund MizMaa to invest $100m in Israeli startups
MizMaa Ventures, a venture capital fund from China, plans to invest $100 million in Israeli startups. The fund has already obtained funding from three wealthy Chinese families, with most of the money coming from the Chen family. MizMaa Ventures focuses on investing in Israeli companies in sectors such as cybersecurity, auto technology, fintech, artificial intelligence, and cloud computing. The fund aims to raise $150 million for another fund in the future. MizMaa Ventures is led by Chinese investment banker Catherine Leung and former Bank of America executive Isaac Applbaum. The fund has already invested in companies such as Armeron, Coronet, Twiggle, and Corephotonics.
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Asgent and Coronet Strike Up Distributor and MSSP Agreement
Coronet, a network security company, has entered into a distributor and MSSP agreement with Asgent, Inc., a Tokyo Stock Exchange-traded pioneer in network security and operations management solutions. The agreement allows Asgent to leverage Coronet’s technology and introduce an enhanced security offering as a Managed Security Service. Asgent’s new “SecurityPlus Wireless Security Service by Coronet" enables users of mobile devices to more securely access Wi-Fi hotspots and mobile phone base stations, and is targeted at the large enterprise and governmental sectors.
Partners
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CoroNet Launches To Put A Stop To "Commjacking"
The article discusses the increasing risk of commjacking, which is the ability to hijack communication channels between devices and WiFi or cellular networks. CoroNet, a new company, aims to solve this problem by mapping the behavior of radio networks through its proprietary technology called echoing. CoroNet claims to be working with several of the worlds largest carriers and has received funding from JVP. The company offers a hardware-free solution to secure the radio layer and protect against commjackers. This article has a growth-positive impact on CoroNet as it highlights the companys innovative approach to addressing a real problem in communication security.
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CoroNet Wants To Keep Your Gadgets Away From Dangerous Networks That Steal Your Data
CoroNet, a company competing in the TechCrunch Disrupt NY Startup Battlefield, aims to fix the problem of network cloning and data privacy. Their product, CoroNet Connect, analyzes 300+ characteristics about WiFi/Cellular networks to flag and block malicious ones. They focus on enterprise customers and aim to help Fortune 500 companies secure their employee devices. The company is founded by four individuals from Israel. They have support for iOS, Android, and Windows, with OS X support in the works. The battery impact of their product is about 1% per day.
Customers
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A virtual Iron Dome: Israeli cybertech wins fans at home and abroad
The article discusses the growth and importance of the cybersecurity industry in Israel. It highlights the number of Israeli companies specializing in cybersecurity and the recent investments and acquisitions in the sector. The article mentions Microsofts acquisition of Israeli startup Aorato for $200 million and Ciscos acquisition of NDS for $5 billion, the largest acquisition of an Israeli company. It also discusses the various areas within cybersecurity, such as authentication, cloud computing, and behavior analysis. The article emphasizes the need for innovative solutions to combat cyber threats and protect critical infrastructure, including the Internet of Things and SCADA systems. Overall, the article has a growth-positive impact on Israeli cybersecurity companies.
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