Dragos Raises Additional $74M in Series D Extension Funding


Dragos, a Washington, DC-based company which specializes in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments, raised additional $74M in Series D extension funding.

The round, which brought the total amount to $274M, was led by WestCap.

The company intends to use the funds to bolster its ability to make ICS/OT cybersecurity more accessible around the world, expand operations and its business reach.

Led by CEO Robert M. Lee, Dragos provides an industrial cybersecurity technology platform, giving customers visibility into their ICS/OT assets, vulnerabilities, threats, and response actions. It codifies data through its OT threat intelligence, and insights from its services team, into the software. The solutions protect organizations across a range of industries, including electric, oil & gas, manufacturing, building automation systems, chemical, government, water, food & beverage, mining, transportation, and pharmaceutical.

The company operates in Canada, Australia, New Zealand, Europe, and the Middle East.