NEW YORK, Dec. 14, 2021 /PRNewswire/ -- Claroty, the
cybersecurity company for cyber-physical systems (CPS) across
industrial, healthcare, and enterprise environments, today
announced Rockwell Automation, the world's largest company
dedicated to industrial automation and digital transformation, as a
co-lead investor in its $400M Series
E funding round.
"As a longstanding investor, partner, and customer of Claroty,
we've known for years that the company has a best-in-class platform
for protecting industrial and critical infrastructure environments
from cyber attacks," said Blake
Moret, Chairman and CEO of Rockwell Automation. "We have
more than 300 sites installed globally with Claroty today, and
co-leading this funding round represents our strengthened
commitment to serving our industrial customers."
The Series E round, coupled with Claroty's intent to acquire
Medigate, a leading healthcare IoT security company, marks the next
step in the company's mission to secure all CPS across industrial,
healthcare, and enterprise environments – the Extended Internet of
"Connectivity between the cyber and physical systems that
support our lives is paving the way for significant advancements in
operational agility and resilience, but with greater connectivity
comes greater exposure to risks," said Yaniv Vardi, CEO of Claroty. "By acquiring
Medigate, we are now uniquely positioned to secure the XIoT – from
traditional OT devices such as PLCs and HMIs, to medical devices
such as MRI machines, to enterprise IoT devices such as smart
security cameras and temperature sensors. On top of this, with
Rockwell's backing, our strategic partnership is poised to expand
significantly in both breadth and depth, delivering greater value
to all of our joint customers today and in the future."
The round brings the company's total funding to $635 million, making it the most well-funded
cybersecurity company in the industrial (OT), healthcare (IoMT),
and enterprise IoT sectors.* The other co-lead investors of the
round are SoftBank Vision Fund 2, Bessemer Venture Partners,
Schneider Electric, and Standard Investments.
*Sourced via internal company analysis of
About Rockwell Automation
Inc. (NYSE: ROK), is a global leader in industrial automation
and digital transformation. We connect the imaginations of people
with the potential of technology to expand what is humanly
possible, making the world more productive and more sustainable.
Headquartered in Milwaukee,
Wisconsin, Rockwell Automation employs approximately 24,500
problem solvers dedicated to our customers in more than 100
countries. To learn more about how we are bringing The Connected
Enterprise to life across industrial enterprises, visit
Claroty empowers organizations to secure
cyber-physical systems across industrial (OT), healthcare (IoMT),
and enterprise (IoT) environments: the Extended Internet of Things
(XIoT). The company's unified platform integrates with customers'
existing infrastructure to provide a full range of controls for
visibility, risk and vulnerability management, threat detection,
and secure remote access. Backed by the world's largest investment
firms and industrial automation vendors, Claroty is deployed by
hundreds of organizations at thousands of sites globally. The
company is headquartered in New York
City and has a presence in Europe, Asia-Pacific, and Latin America.
To learn more, visit www.claroty.com.
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