Israeli cybersecurity startup Torq said on Sunday it had raised $140 million in a new funding round that values the company at $1.2 billion, as it seeks to accelerate adoption of its artificial intelligence-driven security operations center (SOC) platform and expand further into the U.S. market.
Founded in 2020, Torq provides automated security solutions that use AI to help organizations detect, investigate and respond to cyber threats more efficiently. With the latest raise, the company has now secured a total of $332 million in funding since inception.
“This funding accelerates our mission to define and dominate the AI SOC market,” said Ofer Smadari, Torq’s chief executive officer and co-founder, highlighting growing enterprise demand for automation in cybersecurity operations.
Torq said its platform is already used by a range of multinational customers, including Marriott, PepsiCo, Procter & Gamble, Siemens, Uber and Virgin Atlantic, underscoring strong traction among large global enterprises.
The funding round was led by Merlin Ventures, with participation from existing investors including Evolution Equity Partners, Bessemer Venture Partners, Notable Capital and Greenfield Partners.
The deal reflects continued investor interest in AI-powered cybersecurity platforms, as companies worldwide look to modernize security operations amid increasingly complex and automated cyber threats.
