202204 Aug

Talon Cyber Security Announces $100M in Series A Funding to Redefine Security for the Future of Work

Summary

The traditional ways of enabling secure access to enterprise applications are complex, expensive, and put organizations at risk. The world and the applications the largest organizations rely on are moving to the web, creating an extensive need for a vehicle that can provide secure access without changing the way work is conducted. This new funding will allow us to continue to show why that vehicle is Talons secure enterprise browser.Co-founded by Ben-Noon and CTO Ohad Bobrov, Talon was named the winner of the Innovation Sandbox Contest at RSA Conference 2022, and has demonstrated unrivaled market and technical leadership since launching the industrys first secure enterprise browser in October 2021. The companys recent momentum includes numerous customer deployments at large organizations, the release of the industrys first secure enterprise browser for mobile devices, and established partnerships with the two leaders in endpoint security: CrowdStrike and Microsoft.The round includes the conversion of $17 million in SAFE (Simple Agreement for Future Equity) investments announced earlier this year into A round shares, bringing Talons total amount raised to over $126 million.As part of todays announcement, Richard Seewald, Founder and Managing Partner of Evolution Equity Partners, is joining Talons board of directors.Investor Quotes In cybersecurity, the word innovative gets thrown around often, but with Talon, it is a perfect descriptor, said Richard Seewald, Founder and Managing Partner, Evolution Equity Partners. By delivering enterprise-grade security through the TalonWork browser, Talon makes security simple and effective for its customers.When we launched Ballistic, we made it our mission to find and partner with companies that have the technology and what it takes to change the trajectory of cybersecurity, and Talon fits this bill perfectly, said Jake Seid, co-founder and General Partner, Ballistic Ventures.

Source: Businesswire

Funding

$100M
Amount
Aug 04 2022
Date
-
Investor
Talon Cyber Security
Company

Classifications

Companies