Claroty, a NYC-based cybersecurity company for cyber-physical systems (CPS) across industrial, healthcare, and enterprise environments, raised $400M in Series E funding.
The round, which is coupled with Claroty’s intent to acquire Medigate, a healthcare IoT security company, was co-led by new investor SoftBank Vision Fund 2 and Standard Investments, a related business of privately-held global industrial company Standard Industries. The other co-lead investors were Bessemer Venture Partners, and Schneider Electric. Other existing investors, including ISTARI (a global cybersecurity platform established by Temasek) and Team8, participated as well. Additionally, Yossi Cohen, head of SoftBank’s investment activities in Israel, will join Claroty’s board of directors.
Led by Yaniv Vardi, CEO, Claroty empowers organizations to secure cyber-physical systems across industrial (OT), healthcare (IoMT), and enterprise (IoT) environments: the Extended Internet of Things (XIoT). The company’s unified platform integrates with customers’ existing infrastructure to provide a full range of controls for visibility, risk and vulnerability management, threat detection, and secure remote access. Claroty is deployed by hundreds of organizations at thousands of sites globally.
Claroty also has a presence in Europe, Asia-Pacific, and Latin America.