Coro Raises $60M in Series C Funding

coro

The Series C financing of $60 million was raised by Coro, a Tel Aviv-based cybersecurity platform for growing businesses and mid-market organizations.

Balderton Capital led the round, and Jerusalem Venture Partners was a participant.

The company plans to use the funds for hiring to triple its global team, with a special focus on Chicago.

Guy Moskowitz is the CEO. Coro offers a platform for organizations to protect against malware and ransomware, as well as phishing and bots across devices and users. The system employs innovative AI technology to identify and remediate the many security threats that today’s distributed businesses face, without IT teams having to worry, investigate, or fix issues themselves.

It’s used by over 5,000 businesses.

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