Dragos, Inc., a Hanover, Md.-based developer of the threat detection and response platform, raised $37M in Series B funding.
The round was led by Canaan, with participation from existing investors as well as Emerson, National Grid Partners and Schweitzer Engineering Laboratories (SEL). In conjunction with the funding, Joydeep Bhattacharyya, Partner at Canaan, joins Dragos’ board of directors.
The company intends to use the funds to continue to grow the team, as well as expand internationally.
Led by CEO Robert M. Lee, Dragos provides a platform which gives ICS cybersecurity teams the necessary components required to detect and respond to industrial cybersecurity threats, threat hunting and incident response services as well as a threat intelligence program for intelligence reports on the latest industrial threats.
The company provides operational technology (OT) and information technology (IT) practitioners visibility of their ICS assets, threat detection through intelligence-driven analytics, and prescriptive procedures to respond to adversaries.