Priya Patel
TLDR:
- Cyber-physical systems protection firm, Claroty, secures $100m in financing.
- Funding round led by Delta-v Capital, with participation from other investors.
Claroty, a leading cyber-physical systems protection firm, announced a significant milestone in securing $100m in financing. The funding round, led by Delta-v Capital and backed by a consortium of investors including AB Private Credit Investors, Standard Investments, and others, brings Claroty’s total funding to $735m. The company aims to use this capital to scale its platform across vital sectors, enhance its presence in emerging markets, and further its research and development efforts.
Claroty’s focus on safeguarding cyber-physical systems, especially in critical infrastructure industries, is paramount. The company has seen impressive growth, surpassing $100m in annual recurring revenue and forging strategic alliances with prominent industry leaders like CrowdStrike and AWS. This financial milestone affirms Claroty’s position as a market leader in CPS security.
CEO Yaniv Vardi emphasized Claroty’s unique position in addressing evolving cybersecurity challenges, stating that the company is equipped to help CPS defenders navigate changes in the cybersecurity landscape. Investor confidence in Claroty is high, with key investors praising the company’s innovative approach and vital mission. Claroty’s continued investments and strategic partnerships underscore its commitment to securing critical infrastructure worldwide.
