torq News
14 articles
Torq, a NYC-based autonomous security operations company, acquired Revrod, an Israeli stealth AI startup
Torq, a New York City-based autonomous security operations company, has acquired Revrod, an Israeli AI startup known for its advanced Agentic AI and LLM workflow expertise. The acquisition aims to integrate Revrods AI technology into Torqs HyperSOC-2o platform, enhancing its capabilities in security operations. This move is expected to expand Torqs offerings and strengthen its position in the market. Torqs customer base includes major multinational enterprises such as Abnormal Security, Armis, and Chipotle Mexican Grill, among others. The acquisition will also see Revrods entire engineering and R&D team joining Torq, further bolstering its technological capabilities.
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Torq's newest product, HyperSOC 2o, integrates Revrod’s technology to deliver what it claims is the industry's most advanced AI-powered Security Operations Center automation.
Torq, an Israeli-founded cybersecurity company, has acquired the stealth-mode startup Revrod in a deal valued at over $20 million. This acquisition integrates Revrods advanced AI technology into Torqs new product, HyperSOC 2o, enhancing its Security Operations Center automation capabilities. Torq has raised $112 million in 2024, including a $70 million Series C round led by Evolution Equity Partners. The acquisition is expected to significantly improve SOC efficiency and response times. Revrod, known for its agentic architectures, raised $6 million before the acquisition and its 15 employees will join Torq. The acquisition positions Torq ahead of its competition in delivering autonomous security operations.
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The Israeli startup has seen revenue growth of over 3x for the second consecutive year and expects to reach $100 million in annual recurring revenue (ARR) by the end of 2026.
Israeli cybersecurity startup Torq has raised $70 million in a Series C round led by Evolution Equity Partners, with participation from Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Strait Capital. This brings Torqs total capital raised in 2024 to $112 million. The company, founded in 2020, specializes in AI-driven cybersecurity and plans to use the new funding for R&D, expanding its sales force, and advancing its GenAI developments. Torq has seen significant revenue growth and aims to reach $100 million in annual recurring revenue by the end of 2026. The company also plans to hire an additional 130 employees. Notable customers include Telefonica, ZARA, ZoomInfo, and several Fortune 100 companies.
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Torq, which automates cybersecurity workflows, raises $70M in new capital | TechCrunch
Torq, a cybersecurity firm that automates security tasks using AI, has experienced significant growth, tripling its revenue for two consecutive years. The company, which counts Procter & Gamble, Chipotle, PepsiCo, and Wiz among its customers, recently closed a $70 million Series C funding round led by Evolution Equity Partners, bringing its total raised to $192 million. Torqs annual recurring revenue has surpassed $24 million, and it aims to reach $100 million by fiscal year 2026. The new funds will be used for product R&D and customer acquisition, with a focus on expanding in the U.S., Europe, and Asia.
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עדות למצב בשוק: השווי של הסטארט־אפ המבטיח טורק נחתך בחצי
Israeli cybersecurity company Torq has raised $42 million in a recent funding round. However, the company had to reduce its valuation for this round compared to its previous round in late 2021. The reduction in valuation is attributed to the current market conditions.
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Cyber startup Torq adds $42 million to Series B | CTech
Cybersecurity firm Torq has secured $42 million in an extension to its B round, taking its total raised capital to $120 million. The funding round saw participation from Insight Partners, GGV Capital, Bessemer Venture Partners, Greenfield Partners, and Evolution Equity Partners. The company reported a 300% revenue growth and 500% customer growth in 2023, its third year of operation. Torqs customer base includes major new clients such as Blackstone, Carvana, Deepwatch, Nubank, Riskified, Rivian, Telefonica, and ZoomInfo.
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Deepwatch Standardizes on Torq Hyperautomation Platform Across Its Global Security Infrastructure - FinTech Futures: Global fintech news & intelligence
Security hyperautomation pioneer, Torq, has announced that cybersecurity firm, Deepwatch, has standardized on the Torq Security Hyperautomation platform across its global security infrastructure. The move is aimed at enhancing the Deepwatch Platform and its Managed Detection and Response (MDR) capabilities. The Torq platform will enable Deepwatch to create and deploy complex workflows more than 10X faster than legacy SOAR. The partnership will also allow Deepwatch to increase the speed with which it onboards new customers.
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Torq Debuts SecOps AI Agent for Automating and Easing Security Threat Remediation
Cybersecurity provider Torq has launched Torq Socrates, a Tier-1 analysis AI agent designed to automate security processes for enterprises. The solution aims to address the increasing complexity of data environments and the shortage of security talent. Torq Socrates uses AI-based reasoning and continuously updated methodologies to ease the load of security activities. It offers two main modes of interaction for SOC analysts and requires human approval for potential disruptive actions. The solution also integrates with an organization’s existing security tools, consolidating the data of previously siloed tools.
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Office Tour: Torq Offices - Tel Aviv
Switchup designed a warm and dynamic office space for Torq Offices in Tel Aviv, Israel. The office design promotes innovation and collaboration among security teams. It maximizes natural light and incorporates elements that improve mental well-being. Switchup is proud to have been a part of creating this remarkable space.
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No-Code Security Automation Leader, Torq, Announces 385% Customer Growth and 360% Revenue Increase, Delivering on Its Promise of Empowering Global Security Teams to Defeat Modern Cyberthreats
The No-code Security Automation Industry's First Global Partner Program is Launched by Award-Winning Torq
חברת הסטארטאפ Torq תגייס 90 עובדים חדשים - וואלה! כסף
Israeli startup Torq, which develops a codeless automation platform for information security teams, is experiencing significant growth and plans to hire 90 new employees this year. The company provides intuitive and easy-to-use tools for building automations, allowing security teams to quickly respond to cyber threats and create complex solutions. Torq was founded in 2020 and has raised $78 million from investors including Insight Partners, GGV Capital, Bessemer Venture Partners, and SentinelOne. The company is currently hiring for various positions, including SRE, Product Managers, Technical Content Developer, Backend Developers, and Employer Branding Manager.
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Torq raises $50 million Series B for no-code automation platform
Israeli cybersecurity startup Torq has raised $50 million in Series B funding, bringing its total funding to $78 million. The funding round was led by Insight Partners and included participation from SentinelOne, GGV Capital, and Bessemer Venture Partners. Torq has developed a no-code automation platform for security teams, allowing them to automate the process of securing data. The platform collects alerts from different cybersecurity systems and provides solutions for addressing them. Torq plans to use the funding to continue its accelerated growth and expand its team. The company aims to reach 160 employees by the end of 2022.
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StackPulse announces $28M investment to help developers manage outages
StackPulse, a startup that helps developers manage system outages and crisis situations, has emerged from stealth with a $28 million investment. The investment includes an $8 million seed round and a $20 million Series A round. GGV led the Series A round, while Bessemer Venture Partners led the seed round. StackPulse aims to provide companies with the capability to manage and remediate system outages, which can cause chaos and downtime. The platform helps identify the severity of incidents, automates the fixing process, and assists with post-mortem analysis. StackPulse already has early customers and plans to expand its team from 35 to 100 employees by the end of the year. The company prioritizes diversity in its hiring process. The investors believe that StackPulse can address a significant problem for companies and improve customer satisfaction.
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