AI-powered cybersecurity platform Coro secured $75M in fresh funding through a Series C2 round from single investor Energy Impact Partners.

 

AI-powered cybersecurity platform Coro secured $75M in fresh funding through a Series C2 round from single investor Energy Impact Partners.   Incoming funds will be used to boost R&D, back strategic M&A, and expand team size.  Coro provides a cloud-based SaaS cybersecurity platform aimed at mid-market businesses.  The platform has capabilities for tracking malicious behavior, monitoring devices, and remediating attacks. Co-founder Dror Liwer claims annual recurring revenue (ARR) increased by 300% in the last four years.  The fundraiser was a flat round giving the firm a post-money valuation of $575M.  The firm secured a $500M valuation at its previous $60M Series C round led by Balderton and JVP a year ago.   The Israeli firm has raised $155M in total capital to date.