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Story summary
- Torq became a unicorn after raising $140 million in a Series D valuing the company at $1.2 billion.
- The round included investments from Insight Partners and JPMorgan Private Bank, per Calcalist.
- Ofer Smadari, Torq's chief executive officer, said the funds will expand Torq's AI-driven Security Operations Center services and support hiring up to 200 new employees.
- Torq was founded in 2020.
- Marriott and PepsiCo are among Torq's major clients.
