Torq secures $50M in funding for SOAR platform expansion. Backed by Bessemer. Hyper-growth in security automation. #SecF

Torq's $50M funding round, led by Bessemer Venture Partners, will enable accelerated development and market expansion of its SOAR platform, heightening competition in the security automation space against incumbents like Palo Alto Networks' Cortex XSOAR and IBM's Resilient. This investment underscores growing investor appetite for AI-driven security orchestration tools amid rising cyber threats, potentially pressuring smaller players to consolidate or innovate faster to maintain market share.