Cyber Risks · Dragos Blog

Dragos Raises $200 Million in Series D Funding to Safeguard the World’s Critical Infrastructure as Valuation Soars to $1.7B

Summary: Dragos raised $200 million in Series D funding at a $1.7 billion valuation on October 28, 2021, a round led by Koch Disruptive Technologies and funds and accounts managed by BlackRock. The company said the round was the largest and highest valuation achieved by an OT cybersecurity company, with investors including Emerson, Hewlett Packard Enterprise, Rockwell Automation, and National Grid Partners.

What's compelling: Koch Industries, which is modernizing operations across more than 500 global facilities, described Dragos as a key partner in protecting its industrial operations, and Georgia-Pacific, with more than 160 locations worldwide, cited the platform for the visibility, detection, and response it needs to secure operations.

Read the original at Dragos Blog ↗

Topics
OT / ICS & Critical Infrastructure
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