Todyl Raises $50M in Series B Funding

Posted under: SMB
Date: 2024-03-11
Todyl Raises $50M in Series B Funding

Todyl, a leading security and networking company, has closed a $50 million Series B investment round, led by Base10 Partners, Anthos Capital, Tech Operators, and StoneMill Ventures. The funding will support Todyl's mission of revolutionizing cybersecurity with an all-in-one security platform that empowers IT professionals with the tools, insights, and automation needed to defend against ever-changing threats. Todyl's cloud-first platform consolidates Secure Access Service Edge, Security Information & Event Management, Managed eXtended Detection & Response, Endpoint Security, Security Orchestration, Automation & Response, and Governance, Risk, and Compliance. With the addition of SOAR, Todyl further empowers businesses to execute rapid, automated response actions across endpoints and Microsoft 365. Austin McChord, founder and former CEO of Datto, will join Todyl's advisory board, bringing a wealth of knowledge to the company's strategic direction.

Read more at: ca.finance.yahoo.com