Artificial Intelligence & Machine Learning , Next-Generation Technologies & Secure Development , Video

Torq CEO on Series B Funds: Driving AI and Hyperautomation

Ofer Smadari on Innovation, Expansion and AI in the Cybersecurity Operations Space
Ofer Smadari, co-founder and CEO, Torq (Image: Torq)

Torq plans to use its $42 million of Series B money to further leverage artificial intelligence and hyperautomation to revolutionize security operations and improve efficiency.

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Co-founder and CEO Ofer Smadari said the New York-based company is using AI across its platform to assist with everything from building scripts to summarizing and resolving cases. Torq has grown its headcount by 50% since the January funding announcement, and serves both enterprises and MSSPs (see: SentinelOne's $100M Venture Capital Fund Seeks Data Startups).

"We are heavily investing in building our AI infrastructure, and we are going to have at least three or four AI applications that will completely change the way that folks are working today" in the SOC, Smadari said. "We already do things like investigation and auto resolving and have a couple of other surprises coming up. It's going to be wild."

In this video interview with Information Security Media Group, Smadari also discusses:

  • How Torq's team and revenue growth have expanded since the Series B funding;
  • The role of AI in enhancing security automation and incident response;
  • The competitive landscape and the importance of cloud-native solutions.

Smadari founded Torq in 2020. He previously founded Luminate, which was acquired by Symantec and enabled security and IT teams to create zero trust application access architecture without traditional VPN appliances. He also managed the sales and business operations at cloud access security broker Adallom, which was acquired by Microsoft.

About the Author

Michael Novinson

Michael Novinson

Managing Editor, Business, ISMG

Novinson is responsible for covering the vendor and technology landscape. Prior to joining ISMG, he spent four and a half years covering all the major cybersecurity vendors at CRN, with a focus on their programs and offerings for IT service providers. He was recognized for his breaking news coverage of the August 2019 coordinated ransomware attack against local governments in Texas as well as for his continued reporting around the SolarWinds hack in late 2020 and early 2021.

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