Claroty Raises $140M in Series D

Claroty, a NYC-based industrial cybersecurity company, raised $140m in Series D funding.

The round, which brought total funding to $235m, was co-led by Bessemer Venture Partners’ Century II fund and 40 North, with participation from LG and I Squared Capital’s ISQ Global InfraTech Fund, as well as previous investors, Team8, Rockwell Automation, Siemens, and Schneider Electric.

The company intends to use the funds to accelerate expansion into new verticals and regions, as well as to further enhance its product portfolio.

Led by Yaniv Vardi, CEO, Claroty is an industrial cybersecurity company enabling enterprises to reveal, protect, and manage their OT, IoT, and IIoT assets. The company’s platform connects with customers’ existing infrastructure and programs while providing a full range of industrial cybersecurity controls for visibility, threat detection, risk and vulnerability management, and secure remote access.

Claroty, which has a presence in Europe, Asia-Pacific, and Latin America, and deployments on all seven continents, serves the world’s leading organizations to protect their industrial assets, connections, and processes, with deployments in thousands of locations and facilities across all seven continents.