Coro, an all-in-one cyber security platform for mid-market organisations, has raised USD60 million ins a Series C round of financing, bringing the total funding raised by the business in the last six months to USD80 million.
The lates round has been led by Balderton Capital, with participation from existing investor Jerusalem Venture Partners (JVP).
The funds will be used to further accelerate company growth, which has already seen significant momentum with 300 per cent year-over-year growth for each of the past three years and into 2022. Expansion plans include aggressive hiring to triple the Coro team globally, with an emphasis on its Chicago operations.