The hyperautomation startup says it will use the funding to accelerate the expansion of its agentic-powered security operations platform.
Torq, a hyperautomation startup that has invested heavily in partner enablement over the past year, announced it has extended its valuation to $1.2 billion in connection with a new funding round of $140 million.
The agentic SOC (Security Operations Center) tools provider announced the closing of the Series D round, which was led by Merlin Ventures, on Sunday. Torq has now raised a total of $332 million in funding since its launch in 2020.
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In a news release, the startup said it will use the funding to accelerate the expansion of its agentic-powered security operations platform. Key capabilities include enabling dramatically enhanced automation for security analyst activities such as improved alert triage and reduction in alert fatigue, according to the company.
Torq said the main driver of its recent growth is the release of Torq AI Agents, which provide autonomous analysis and assessment of security incidents. Torq AI Agents are “enabling security teams to build and deploy sophisticated agents with minimal effort,” the company said in the release.
Recently, Torq has invested heavily in training and enablement for partners due to the fact that many account representatives and presales engineers have not been previously exposed to the security hyperautomation technology that Torq offers, said Sheldon Muir, head of global channels and alliances at Torq, in a previous interview with CRN.
The startup has also emphasized human interactions during the on-boarding process, with a preference for in-person or Zoom conversations that can acquaint the partners not only with the product but also with the history and current landscape in their category, Muir said.
In September 2024, when Torq raised $70 million in funding, co-founder and CEO Ofer Smadari told CRN that the vendor planned to boost its investments in the channel.
Many of the largest security-focused solution providers have already become Torq partners, he said at the time
“We are heavily investing in the big ones,” Smadari said—though he noted that the aim would be to expand more broadly within the channel to include regional solution providers.
