Dragos Announces $37M in Series B Funding for Industrial Control Systems (ICS) Cybersecurity Threat Detection and Response

Funding Rounds

Summary

“Industrial equipment is one of the last largely unprotected vectors for cyberattack, one with potential for massive damage to the global economy including loss of human life,” said Joydeep Bhattacharyya, Partner at Canaan.“The Dragos threat detection and response platform delivers an unmatched solution to a fast-growing list of large industries and customers and we are thrilled to partner with this team of leaders in the industry.”"Critical asset threats are on the rise, so an industrial specific cybersecurity strategy is increasingly important to companies,” said Andre Turenne, Director, National Grid Partners.“National Grid is leading the way in addressing industrial control system cybersecurity and Dragos has the expertise and technology to know that there is a specific threat occurring and informs what the attack is and what to do about it.“Customers are recognizing our approach of first hiring an exceptional team of industrial security practitioners, and then codifying their experience into software, instead of simply relying on machine learning models or shared technical indicators.

$ Funding

$
Amount - Total raised
Date November 14, 2018 Announcement date
Investors Dragos Lead investors
Company - Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Industrial Cybersecurity Software OT Cybersecurity Platform Threat Intelligence Software

Linked Companies

Dragos
$1M to $5M