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Business Models


Shutterstock

100 Million

Talon Cyber Security Gains $100 Million in New Series A Funding

  • Written by Edward Gately
  • August 4, 2022
Partners play a key role in the company's growth strategy going forward.

Talon Cyber Security, an Israel-based secure enterprise browser provider, has obtained $100 million in Series A funding led by Evolution
Equity Partners.

Ballistic Ventures, CrowdStrike’s Falcon Fund, Merlin Ventures and SYN Ventures participated in the funding round. Previous investors George Kurtz, CrowdStrike‘s co-founder and CEO, Lightspeed Venture Partners, Sorenson Ventures and Team8 also participated.

Talon Cyber Security will use the funds to accelerate go-to-market (GTM) efforts to meet the increasing global demand for its secure enterprise browser, TalonWork. It’ll also deliver new product enhancements to continuously improve security for modern workforces.

Talon Cyber Security was named the winner of the Innovation Sandbox Contest at RSA Conference 2022

Funding to Benefit Talon Cyber Security Partners

Talon Cyber Security's Marianne Budnik

Talon Cyber Security’s Marianne Budnik

Marianne Budnik is Talon Cyber Security’s CMO.

“This funding will allow us to continue delivering unmatched value to our partners through an increased investment in our partner program,” she said.

Partners play an “incredibly large” role in Talon Cyber Security‘s growth and expansion plans, Budnik said.

“For Talon, our partners are a key component of our growth strategy going forward,” she said. “And it’s pivotal that we provide them with all of the necessary resources for us to have success together.”

As organizations have embraced distributed work for employees and contractors, the reliance on SaaS applications has risen, and security needs have evolved. With Talon Cyber Security, security teams get deep visibility into browser and application activity, as well as native security features like authentication, data loss prevention (DLP) and zero trust controls.

“Partners can expect new product capabilities and resources that will help us be mutually successful together,” Budnik said. “Channel recruitment is a key focus for us throughout the balance of the year and beyond.”

Richard Seewald is founder and managing partner of Evolution Equity Partners. He is joining Talon Cyber Security’s board of directors.

“In cybersecurity, the word innovative gets thrown around often, but with Talon, it is a perfect descriptor,” he said. “I have never seen a company create and lead a category with such authority, and experience such impressive traction with customers so quickly. Talon has the potential to become one of the leading companies in the broader security industry, and it’s an honor to help them on their journey.”

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Edward Gately or connect with him on LinkedIn.
Tags: MSPs VARs/SIs Business Models Cloud EMEA Mobility & Wireless Sales & Marketing Security Strategy

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