Coro

Coro

About Coro

Simplify's Rating
Why Coro is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Cybersecurity

AI & Machine Learning

Company Size

201-500

Company Stage

Series D

Total Funding

$255.8M

Headquarters

Chicago, Illinois

Founded

2014

Overview

Company Does Not Provide H1B Sponsorship

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Funded Recently
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Simplify's Take

What believers are saying

  • Coro secured $100 million funding for global expansion and R&D innovation.
  • Coro's expansion into the UK and new data centers enhance regional security capabilities.
  • Coro ranked in G2's top 5 security products for 2024, boosting reputation.

What critics are saying

  • Emerging startups with similar solutions may erode Coro's market share.
  • Rapid expansion could lead to operational challenges and service disruptions.
  • Reliance on channel partners may backfire if partners underperform.

What makes Coro unique

  • Coro's modular cybersecurity platform offers 14 integrated modules for SMEs.
  • Coro's platform reduces operational workloads, enhancing security posture for midmarket businesses.
  • Coro's 5-Star Partner Program Award highlights strong channel partnerships.

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Funding

Total Funding

$255.8M

Above

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$100M
Coro

Benefits

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

401(k) Company Match

401(k) Retirement Plan

Life Insurance

Disability Insurance

Pet Insurance

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 0%

2 year growth

↑ 6%
Business Wire
Jul 15th, 2024
Coro Named to Prestigious MES Midmarket 100 for Second Year in a Row

NEW YORK-(BUSINESS WIRE)-Coro, the leading cybersecurity platform for small and medium-sized enterprises (SMEs), announced today that Midsize Enterprise Services (MES), a brand of The Channel Company, has named Coro to its 2024 MES Midmarket 100 list for the second consecutive year.

Business Wire
May 15th, 2024
Crn’S 2024 Women Of The Channel Honors Sara Blengeri And Hilary Gadda Of Coro

NEW YORK--(BUSINESS WIRE)--Coro, the leading cybersecurity platform for small and medium-sized enterprises (SMEs), today announced that CRN®, a brand of The Channel Company, has named its VP of East Coast, Channels Sara Blengeri and Head of National Partner Management Hilary Gadda to the Women of the Channel list for 2024. Each year, CRN highlights women from vendor, distributor, and solution provider organizations whose vision and leadership have a beneficial influence on the technology industry. The CRN 2024 Women of the Channel honorees are creative, strategic leaders who show ongoing commitment to using their skills to innovate and drive success for their partners and customers. CRN honors these women leaders for their unwavering dedication and commitment to furthering channel excellence. “We are extremely proud of Sara and Hilary for their inclusion in this year’s CRN Women of the Channel," said Tom Turner, Channel Chief, Coro. “Both Sara and Hilary are responsive, resourceful leaders who are deeply committed to supporting and building close relationships with our channel partners

Business Wire
May 8th, 2024
Coro Named A Global Infosec Award Winner During Rsa Conference 2024

SAN FRANCISCO--(BUSINESS WIRE)--RSA CONFERENCE -- Coro, the leading cybersecurity platform for small and medium-sized enterprises (SMEs), is proud to announce that it has won the Publisher's Choice Modular Cybersecurity award from Cyber Defense Magazine (CDM), the industry’s premier electronic information security magazine. “We’re thrilled that our modular approach to cybersecurity has been recognized by the Global InfoSec Awards and Cyber Defense Magazine,” said Guy Moskowitz, CEO and Co-Founder of Coro. “Coro is revolutionizing how companies consume and manage cybersecurity. Security teams today are overwhelmed by the complexity and time it takes to manage multiple tools in their security stack. Coro’s modular cybersecurity platform – with 14 seamlessly integrated modules that can be activated on demand – is a breakthrough solution for IT and security professionals, reducing operational workloads and empowering companies to strengthen their security posture.”. According to a recent survey conducted by Coro, security professionals spend an average of 4 hours 43 minutes every day managing their cybersecurity tools, and require an estimated 4.22 months for a new cybersecurity tool to become operational, with time spent equally on installation, configuration, training staff and integration with their existing security stack

Coro
Mar 28th, 2024
Coro Secures $100 Million Funding Round To Drive Aggressive Growth To Transform Cybersecurity For SMEs | Coro Cybersecurity

New funding, led by One Peak, to accelerate global expansion, R&D innovation, and investment in Coro’s strategic partnerships and channel

Globes
Mar 28th, 2024
Israeli SME cybersecurity co Coro raises $100m

The Tel Aviv-based company targets the SME market such as retail chains, law firms, garages and clinics that are seeking a single package with all types of cybersecurity protection.

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