Information security saves lives!/Aman Training Branch.
The Israeli cyber company Koro, which deals with the protection of small and medium-sized businesses, announced that it has raised $100 million in a D round led by One Peak, with the participation of the company's existing investors, including Energy Impact Partners and Balderton Capital. The current fundraising round brings the total funds raised over the past two years to $255 million.
Koro is one of the fastest growing cyber security companies in North America. During the past year, it expanded its customer base and tripled its revenue for the fifth year in a row and was selected as one of the leading companies according to the Fortune Cyber 60 and Deloitte Technology Fast 500. The
new recruitment will be used by the company to expand its marketing activities, R&D and existing products, as it aims To double sales in each of the following years, both through organic growth and through acquisitions.
Coro team. The company tripled its revenues for the fifth year in a row/CORO
Guy Moshkowitz, CEO of Coro: "We are ready for the next step in the journey - expanding the activity to other organizations and markets. The best way to do this is through our extensive network of partners, who can distribute and implement Koro's solutions simply and efficiently around the world and protect the millions of businesses that until now could not afford effective cyber protection.
" Of Coro: "As Coro's founding investor, we at JVP have been privileged to partner with Guy and the management team in building the company as a category leader in cybersecurity for small and medium businesses. We aim to make Coro a multi-billion dollar company, as we have done many times in the past."
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