Dutch IT Channel – Coro raises 100 million dollars for cybersecurity SME organizations

Coro is an all-in-one cybersecurity solution that provides an enterprise-grade security software platform for SMBs with endpoint protection, email and user protection, and network and cloud protection. SMBs are facing increasing volumes and complexity of cyber attacks and lack affordable solutions to adequately protect their tech stack. Coro’s easy-to-use platform allows IT teams and their partners to be protected 24/7 in an automated and affordable way.

Coro’s commitment to protecting and strengthening SMEs has been a cornerstone of its success, driving remarkable growth and catapulting Coro to a market leadership position within just a few years. In 2023, Coro expanded its customer base across all industry sectors, achieving threefold year-on-year growth for the fifth year in a row. Coro was named to the inaugural Fortune Cyber ​​60 and to the 2023 Deloitte Technology Fast 500, in recognition of its achievements as one of the fastest-growing cybersecurity companies in North America.

The new funding will be used to:

1. Stimulate product innovation : Coro will continue to develop leading security solutions specifically tailored to the SME market through both organic growth and strategic acquisitions, following the successful acquisition of Privatize in 2023.
2. Empowering channel partners : Coro will further strengthen its channel partner program and provide additional support and resources for its North American MSP and reseller network.
3. Accelerate global expansion by establishing local marketing and channel teams and investing in brand awareness to support Coro’s international partners and execute their vision and support the team in their next phase of explosive growth.”

“Now that Coro has established itself as a cybersecurity powerhouse for the SMB market, the next step on our journey is to bring this radical approach to as many organizations as possible,” said Guy Moskowitz, CEO of Coro. “The best way we can make this happen is through our global network of world-class partners, who can launch the ease of use and simplicity of Coro at scale, bringing the current chaos of cybersecurity management to a standstill.”