Cyber company to hire 100 in Sarasota over two years

A month after raising $27 million, a cybersecurity company says it is planning to scale its business, including hiring more than 100 employees and establishing a world headquarters in Sarasota.

Tenex, which uses AI and human expertise to provide enterprise security, says it is now backed by Orlando-based venture capital firm DeepWork Capital and the Florida Opportunity Fund, a state initiative that promotes economic growth through targeted investments. The new investors were among those who contributed to the company's $27 million in Series A funding, Tenex CEO Eric Foster says in an email.

The Series A funding round was led by California-based Crosspoint Capital Partners, with full participation from existing investors Silicon Valley area venture capital firms Andreessen Horowitz (a16z) and Shield Capital.