Cycode acquires Bearer. Claroty secures $100 million. Zama raises $73 million in Series A round.
Summary
Israeli OT security company Claroty has raised $100 million in a strategic growth financing round from Delta-v Capital, AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank. The company says "[t]he funds will be used to scale Clarotys platform approach to cyber-physical systems (CPS) protection across key verticals including the public sector and heavily regulated critical infrastructure industries, expand in emerging regions across the Americas, EMEA, and Asia-Pacific, fuel research and development for core and adjacent technologies including secure remote access, and double down on new and existing strategic partnerships." TechCrunch says the company plans "to continue investing in R&D, as well as to hire more engineers (expanding on a current team of 75) to build around the two market opportunities that Zama sees for the early versions of its work." These new funds will continue to fuel significant company momentum and accelerate DTEX’s application of large language models (LLMs) and behavioral science research to disrupt the insider risk management market." The Wall Street Journal reports that Dutch cybersecurity firm Eye Security has raised $39 million in a funding round led by JPMorgan Chase’s growth investment arm.