Cybersecurity Startup Torq Raises $140 Million, Valued at $1.2 Billion
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Cybersecurity Startup Torq Raises $140 Million, Valued at $1.2 Billion

Israeli cybersecurity startup Torq has secured $140 million in a funding round, valuing the company at $1.2 billion. The Tel Aviv-based firm offers an AI-powered platform designed to automate security operations and manage alerts, allowing human employees to focus on complex issues. Founded in 2020, Torq pivoted to leverage generative AI following ChatGPT's introduction, launching its AI agent for security operations in mid-2023. The funding was led by Merlin Ventures, with participation from existing investors.

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