Onclave Raises Series B Financing

Onclave, a McLean, Va.-based provider of a platform for protecting operational technologies, completed a Series B financing round of undisclosed amount.

The round was led by Pendrell Corporation with participation from new investor Option3Ventures. In conjunction with the funding, R. Gerard Salemme, Co-CEO and President of Pendrell Corporation, and Manish Thakur, Managing Partner, Option3Ventures, joined Onclave’s board of directors.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Glen Gulyas, CEO and Co-Founder, Onclave Networks provides a platform that runs and protects all devices (i.e., CS, IoT, IIoT) including 5G, regardless of age, operating system, manufacturer or protocol.

FinSMEs

06/08/2020

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