Cloud cybersecurity startup Coro Cyber Security Ltd. today launched Coro 3.0, a new way for midmarket businesses to manage and consume cybersecurity.

Claimed to be the world’s first modular cybersecurity platform, Coro 3.0 consolidates multiple security capabilities into a unified solution, offering seamlessly integrated modules, from endpoint detection and response and security access service edge to email security that can be activated on demand to grow with a company’s needs.

The new platform has been designed to address the issue wherein midmarket companies, those with 200 to 2,000 employees, often have limited budgets, information technology teams and cybersecurity expertise. Coro argues that makes them prime targets for cyberattacks because IT staff can become quickly overwhelmed by the complexity and operational workload of managing multiple tools in their security stack.

Coro 3.0 simplifies the implementation of the cybersecurity stack by using a single pane of glass, one endpoint agent and one data engine to configure, operate and manage every security module. Coro says its security modules automatically identify and remediate threats, eliminating the security gaps caused by multiple tools in the security stack.

It also says the modular nature of the cybersecurity platform empowers companies to strengthen their security posture and reduce operational workloads at a total cost of ownership that’s less than a third of comparable point solutions.

As of launch, Coro 3.0 offers 14 different security modules, among them: endpoint protection, extended detection and response, email protection, secure access service edge, data governance, cloud access security broker, virtual private networking, next-generation firewall, domain name system filtering, security operations center (managed detection and response), email encryption and zero-trust network access. 

“Every business deserves access to enterprise-grade security, but the midmarket needs a solution tailored to their limited resources,” Chief Executive Guy Moskowitz said in a statement. “Coro has raised the bar by consolidating critical security capabilities into a single platform that’s completely modular, easy to manage and dramatically more affordable than any other solution on the market today.”

Coro is a venture capital-backed startup, having last raised $75 million on a $575 million valuation in April and a round of $60 million in April 2022. Investors include Energy Impact Partners L.P., Balderton Capital LLP and Jerusalem Venture Partners Ltd.

Image: Coro