Cybersecurity company closes on $9M funding
NORWALK — Zorus Inc., which sells artificial intelligence focused web filtering and productivity monitoring online tools, has closed on a $9 million venture capital funding round, officials with the Water Street company said Monday.
The funding round was led by a pair of Bostonbased companies, Asymmetric Capital Partners and Innospark Ventures as well money from an existing seed investor, General Catalyst. Zorus will use the influx of cash to introduce new cyber security services, according to company officials.
Zorus plans to add extensive detection and response security options to its existing web filtering and productivity monitoring software. Ian McChord, chief executive officer of Zorus, said in a statement that “security starting at the user provides a better level of protection than previous router- or networkbased solutions.”
“What we can do to protect users and their businesses on top of the Zorus filtering agent is almost limitless,” said McChord, who joined the company in October 2020, a move that allowed founder Greg Gage to move from chief executive officer to chief technical officer.
Connecticut is home to two major companies providing cybersecurity services: Datto in Norwalk, which offers data backup and security to small businesses through independent vendors that manage back-end systems on their behalf, and Deloitte, which has a data security consulting division in Stamford. Gage worked at Datto before founding Zorus and McChord also worked there.