Cybersecurity Platform Todyl Raises $50M Series B Round

The company provides SMBs with a cloud-based platform for threat detection, prevention and response.

Written by Ashley Bowden
Published on Mar. 07, 2024
Cybersecurity Platform Todyl Raises $50M Series B Round
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Image: Shutterstock

Todyl, a security and networking company headquartered in Denver, announced a $50 million Series B funding round spearheaded by Base10 Partners. The company offers a cybersecurity solution that protects SMBs from threats across software, cloud, data center, office and remote environments.

The company offers a comprehensive platform for various cybersecurity modules, including secure access service edge, endpoint security, governance, risk and compliance and more. It has recently come to offer security orchestration, automation and response services, allowing businesses to enact automated response actions across endpoints and Microsoft 365. 

Backed by its fresh capital Todyl, plans to expand its headcount and global footprint as well as invest in its engineering team to ramp up product development.

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