Toka

Toka provides advanced digital forensics and intelligence solutions for government, law enforcement, and security agencies, enhancing their operational capabilities through innovative technology and expert services. Founded in 2018 in Tel Aviv-Yafo, Israel, Toka specializes in digital forensics and intelligence solutions. The company was co-founded by Alon Kanto, Brig Rosen, Kfir Waldman, Stanislav Lutskovych, and Xhensila Velencia, with Kfir Waldman serving as CEO. Toka raised USD 25 mn in Series B funding on October 27, 2020, led by Eclipse Ventures, with participation from Andreessen Horowitz, Dell Technologies Capital, and Entrée Capital.

Toka has successfully completed 2 deals to date. Toka's primary offerings are advanced digital forensics and intelligence solutions designed to enhance the operational capabilities of government, law enforcement, and security agencies. Their core products include tools for forensic investigations, targeted intelligence gathering, and covert operations, all underpinned by a non-invasive, user-friendly interface that ensures the collection of forensically sound evidence. These solutions leverage the Internet of Things (IoT) landscape to provide agencies with valuable insights, enabling them to accelerate investigations, obtain real-time intelligence, and operate with reduced risk.

Toka's client base consists of national governments and security organizations globally, focusing on markets in North America, Europe, and select regions in Asia and South America, addressing the critical need for enhanced cyber defense and resilience against evolving threats. Toka operates a revenue model based on B2B transactions with governmental and security entities, offering tailored cybersecurity projects and products. Revenue is generated through direct sales of their flagship solutions, including the Cyber Designer services, which facilitate national-level cyber capacity building and risk assessment. Additionally, Toka may engage in partnerships or contracts with international organizations, such as the World Bank and Inter-American Development Bank, for specific projects aimed at enhancing national cybersecurity readiness.

The pricing structure for Toka's services is structured around the complexity and scale of each engagement, with potential options for subscription-based access or one-time project fees, reflecting the bespoke nature of their offerings. With the recent USD 25 mn Series B funding raised on October 27, 2020, Toka plans to further develop its innovative products and expand its market presence. The company aims to enhance its current offerings and is exploring new product launches in the coming quarters. Toka is targeting expansion into new markets in Asia and South America, with a specific focus on strengthening its presence in these regions by 2023.

The recent funding will be instrumental in supporting these initiatives, allowing Toka to enhance its product development and market outreach.