- Cybersecurity software company Zorus announced recently that it closed a Series A investment round. These are the details.
Cybersecurity software company Zorus announced recently that it closed a Series A investment round led by Asymmetric Capital Partners with additional capital coming from Innospark Ventures and existing seed investor General Catalyst. Driven by rapid expansion in 2021, Zorus will be utilizing the $9 million in additional funding to introduce new services to its cyber security suite. And Zorus plans to add extensive detection and response security solutions on top of its filtering engine. Currently, Zorus sells AI-focused web filtering and productivity monitoring software as a service exclusively through the managed service provider network.
Before running Zorus, CEO Ian McChord led the product team at Datto from early 2011 to the company’s sale to Vista Equity Partners in 2018. Plus Zorus also announced the formation of a new board of directors that includes: Austin McChord, founder and CEO of Datto until the company’s acquisition, and currently CEO of Casana; and Paul Sagan, a senior advisor at General Catalyst, and formerly CEO of Akamai and Non-Executive Chair of Datto.
KEY QUOTE:
“Today’s I.T. infrastructure requires an endpoint-first approach. Security starting at the user provides a better level of protection than previous router- or network-based solutions. What we can do to protect users and their businesses on top of the Zorus filtering agent is almost limitless.”
— Zorus CEO Ian McChord
