Torq hits $1.2bn valuation for agentic AI-driven security platform

Torq, an Israeli institution specialising successful agentic AI-driven information operations, has successfully secured $140m successful Series D funding, raising its valuation to $1.2bn.

The backing circular was led by cybersecurity money Merlin Ventures.

It besides had information from existing investors specified arsenic Evolution Equity Partners, Bessemer Venture Partners, Notable Capital, Greenfield Partners, and Insight Venture Partners.

The latest superior rise brings Torq’s full backing to $332m.

Earlier successful September 2024, Torq closed a $70m Series C round, which was besides led by Evolution Equity Partners. This followed an expanded Series B circular successful January 2024, bringing the company's full backing successful 2024 to $112m, and since its inception to $192m.

Proceeds from the Series D circular volition beryllium utilized to grow the scope and capabilities of Torq's AI Security Operations Centre (SOC) Platform. The level offers solutions focused connected hyperautomation, alert triage, and operational autonomy for information operations. It is designed for some enterprises and authorities agencies that necessitate precocious information infrastructures.

Torq’s exertion is utilised by companies including PepsiCo, Marriott, Procter & Gamble, Uber, Siemens, and Virgin Atlantic for autonomous absorption of information operations. This marks a displacement from accepted information tools that often request extended tuning and nonrecreational services.

Torq CEO and co-founder Ofer Smadari said: “This backing accelerates our ngo to specify and predominate the AI SOC market. We are moving acold beyond the constraints of bequest information orchestration, automation, and effect (SOAR) and information accusation and lawsuit absorption (SIEM), harnessing the Agentic AI Era to present outcomes our customers trust on.

“Global endeavor adoption of our AI SOC Platform has validated our imaginativeness for the aboriginal of information operations. We person achieved tremendous gross growth, with Fortune 100 customers adopting our AI agents successful their SOCs for everything from probe to response.”

Torq said that its concern with Merlin Ventures supports the company’s maturation wrong the US national and nationalist assemblage markets. With acquisition successful the US authorities sector, Merlin Ventures assists Torq successful navigating compliance requirements specified arsenic FedRAMP to standard the AI SOC Platform crossed nationalist infrastructure.

Merlin Ventures managing spouse Shay Michel said: “Torq is redefining information operations.

“They’ve fused automation and quality judgement into a caller AI SOC Platform built for asymmetric threats and real-world scale. This is wherefore Merlin is starring the investment. Our absorption present is speed—accelerating go-to-market, expanding crossed commercialized and authorities markets, and gathering the adjacent planetary class person successful AI information operations.”