Torq Gets $140M Series D to Fuel AI-Powered SOC Capabilities
Summary
Torq secured $140 million in Series D funding at a $1.2 billion valuation to expand its generative AI-powered security operations platform; plans include growing internationally, deepening AI research, and pursuing U.S. federal opportunities including FedRAMP certification.
Why It Matters for Texas Credit Unions
Relevant as it pertains to cybersecurity advancements that could benefit Texas credit unions in protecting their operations and member data.
Original Source Material
Funding at $1.2B Valuation to Propel Federal Market Entry and R&D in GenAI Torq secured $140 million in Series D funding at a $1.2 billion valuation to expand its generative AI-powered security operations platform. With backing from Merlin Ventures, Torq will grow internationally, deepen AI research and pursue U.S. federal opportunities including FedRAMP certification.