Coro has announced it has secured $100 million in Series D funding led by One Peak, with participation from existing investors Energy Impact Partners and Balderton Capital. This funding round brings the total funds raised to $255 million in the last 24 months.
According to Coro, they provide an all-in-one cybersecurity solution, offering an enterprise-grade security software platform to SMEs covering endpoint protection, email & user protection and network & cloud protection.
Coro will use the new funding for:
- 1. To develop security solutions tailored specifically for the SME market following the successful acquisition of Privatise in 2023.
- 2. To further strengthen its channel partner program, providing additional support and resources for its North American MSP and reseller network.
- 3. To accelerate global expansion by establishing local marketing and channel teams and investing in brand awareness to support Coro’s international partners.
“As a growth investor, we look for companies that target large, underserved markets and are in prime position to dominate that field,” said David KIein, Co-founder and Managing Partner, One Peak.
“Coro has already achieved phenomenal growth and success in the SME market. We are convinced that Coro has the right tech stack, a world class management team, and unlimited potential to scale the business to the next level. We’re excited to partner with Coro to help them execute on their vision and support the team in their next leg of explosive growth.”
“Now that Coro is established as a cybersecurity powerhouse for the SME market, the next step on our journey is to offer this radical approach to as many organisations as possible,” said Guy Moskowitz, CEO, Coro. “The best way we can enable this is through our world-class global network of partners, who can launch Coro’s ease of use and simplicity at scale, bringing the current chaos of managing cybersecurity to a halt.”
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