Industrial cybersecurity startup TXOne Networks secures $12.9M in "Series A" round of investment
Summary
Yoshiyuki Shibusawa, President and Chief Executive Officer of JAFCO Asia, a Japanese venture capital group, adds: "Deploying security measures in Operational Technology (OT) such as in industrial control systems is becoming increasingly important and urgent. Eva Chen, CEO and co-founder of TXOne Networks mother company TrendMicro, concludes: "We live in a connected world; the present danger to cybersecurity is very clear. I am so glad to see our mission of securing the world can extend through TXOne Networks to inspire innovations that can keep up with attackers, especially in the face of threats evolving to target diverse ICS verticals." According to TXOne Networks CEO Dr. Terence Liu: "The pandemic has forced everyone to stop and look at the digital transformation from a new perspective, and it has revealed various management challenges that may expose companies to cybersecurity risk. TXOne Networks, a subsidiary company of Trend Micro, offers cybersecurity solutions tailored to the protection of industrial control systems, ensuring reliability and safety from cyberattacks.