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Dragos Announces Record-Setting $110M Investment in Industrial Cybersecurity with Series C Funding

Dec 08, 2020over 4 years ago

Amount Raised

$110 Million

HanoverNetwork SecurityInformation Technology

Description

Dragos, Inc., the global leader in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments, today announced that it has secured $110 million in Series C funding from investors representing some of the world’s largest corporations. The round represents the most substantial investment-to-date for a company in the ICS/OT cybersecurity sector.2 The new funding will be used to support an expanding set of global customers across a diversity of industries - including electric, oil & gas, manufacturing, mining, chemicals, and transportation – and to accelerate the next stage of the company’s worldwide operations to address the burgeoning market for ICS/OT cybersecurity solutions.

Company Information

Company

Dragos

Location

Hanover, Maryland, United States

About

Dragos provides the most effective OT cybersecurity technology for industrial and critical infrastructure to deliver on our global mission: to safeguard civilization. After nearly a decade of real-world experience handling landmark attacks on OT networks, Dragos understands the complexity and risks of industrial environments, which operate on massive scale with unique systems and exacting availability requirements and are not protected by IT cybersecurity.

FundzWatch™ Score

66
Medium Activity

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