SCADAfence, a NYC- Munich, Germany- Ramat Gan, Israel- and Tokyo, Japan-based provider of cybersecurity solutions for Operational Technology (OT) & Internet of Things (IoT) environments, secured $12m in funding.
The round was led by existing investor JVP, with participation from Rapid7 and other existing shareholders.
The company intends to use the funds to further expand its business reach across a diverse set of industries – including manufacturing, water treatment, critical infrastructure, oil & gas, pharmaceuticals, chemicals, and building management systems (BMS), strengthen its full suite of OT & IoT cybersecurity solutions, and to continue to build its worldwide operations.
Led by Elad Ben-Meir, CEO, and newly named CRO Gordon Boyce SCADAfence offers a full suite of industrial cybersecurity products that provides full coverage of large-scale networks, offering network monitoring, asset discovery, governance, remote access, and IoT device security. The company’s solutions deliver proactive security and visibility to some of the world’s most complex OT networks, including the largest manufacturing facility in Europe.
Customers include Honda, Murata, Vestel, Mitsui Fudosan, Taro Pharmaceuticals, and numerous other Fortune 500 companies in the US.