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Venture Capital News: Torq Raises $50M Series B Round

2021-12-07
PORTLAND, OR, Torq, a no-code automation platform for security teams, today announced that it has raised a $50 million Series B round.
The round was led by New York-based global private equity and venture capital firm Insight Partners, with participation from SentinelOne. Existing investors GGV Capital and Bessemer Venture Partners also participated in the round, bringing Torq's total funding to $78 million. The new funding will be used to further accelerate the company's expansion to meet rapidly increasing demand from enterprise customers and managed security service providers.

Torq is a no-code automation platform for security teams. Torq allows any security professional to connect to any system, anywhere, and easily create automated workflows that streamline security processes. Fortune 100 enterprises and cutting edge startups alike trust Torq to help them maximize their cybersecurity investments, respond to threats faster, and deliver protection at the speed of business.
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