Cybersecurity startup Claroty, which specialises in protecting industrial equipment, has raised $150 million in funding, SiliconANGLE reported on Jan. 22. The funding round was led by Golub Growth, with existing investors also taking part. Claroty’s valuation increased 80 percent to $3 billion.
Claroty provides technology that collects security data from equipment isolated from networks at industrial sites such as factories and hospitals. Most cybersecurity solutions collect data by directly querying devices, but industrial equipment is often isolated from networks, making existing approaches difficult to apply. Claroty collects security data by analysing device backup files through its Project File Analysis function.
Claroty’s platform also recognises network-connected devices to detect vulnerabilities and identify hacking attempts. For example, hospitals can use Claroty to identify unused medical devices or track equipment covered by FDA recalls. Based on this, Claroty has secured 25 percent of Fortune 100 companies as customers and plans to speed up global expansion and mergers and acquisitions.
Chi-gyu Hwang
delight@d-today.co.kr