<div>
 
 
 <ul>
 <li>
 
 Coro, a firm developing unified cyber security solutions for mid-sized businesses, has raised USD 100 million in Series D funding led by One Peak, with participation from Energy Impact Partners and Balderton Capital. Coro's total funding amounts to USD 255 million with a post-money valuation of over USD 750 million.
 
 </li>
 <li>
 
 The new funding will be used for product innovation, supporting research and development, empowering channel partners, and accelerating global expansion, including establishing local marketing and channel teams and investing in brand awareness.
 
 </li>
 <li>
 
 Coro reported growth in customer base across industries, adding 300 new channel partners, and expanded its channel headcount by nearly 500% in 2023.
 
 </li>
 <li>
 
 Analyst QuickTake: 
 Following its Series D funding, Coro's post-money valuation has increased by nearly 30%, rising from a valuation of USD 575 million after its USD 75 million 
 <a href="https://sp-edge.com/updates/17875">
 Series C2 funding
 </a>
 in April last year.
 
 </li>
 </ul>
 
 
</div>

<div>
 
 <a href="https://www.businesswire.com/news/home/20240328909937/en/Coro-Secures-100-Million-Funding-Round-to-Drive-Aggressive-Growth-to-Transform-Cybersecurity-for-SMEs">
 Press release
 </a>
 
 
 <a href="https://techcrunch.com/2024/03/28/coro-smb-security-series-d/">
 TechCrunch
 </a>
 
 
 
</div>

Next-gen Cybersecurity

ANALYST_QUICK_TAKE

<div>

Coro, a firm that provides cyber security solutions for mid-sized businesses, has received USD 100 million in Series D funding. The investment round was led by One Peak and included contributions from Energy Impact Partners and Balderton Capital. This addition brings Coro's total funding to USD 255 million, resulting in a post-money valuation of more than USD 750 million.
The funds from the recent investment round will be allocated towards product innovation, supporting research and development, strengthening channel partners, and fueling global expansion. The company plans to establish local marketing and channel teams and invest more into increasing brand awareness.
In 2023, Coro experienced significant growth in its customer base across numerous industries. The firm also added 300 new channel partners and increased its channel workforce by nearly 500%.

</div> Analyst QuickTake: 
 Following its Series D funding, Coro's post-money valuation has increased by nearly 30%, rising from a valuation of USD 575 million after its USD 75 million <a href="https: 
//sp-edge.com/updates/17875"> Series C2 funding </a> in April last year.

All Updates

Coro raises USD 100 million in funding with USD 750 million in post-money valuation

Coro to acquire network solutions company Privatise for undisclosed sum

Coro raises USD 75 million in Series C2 funding

Coro raises USD 60 million in Series C at a USD 500 million valuation