Security News > 2020 > December > Dragos raises $110M to support global customers across various industries

Dragos raises $110M to support global customers across various industries
2020-12-09 00:00

The new funding will be used to support an expanding set of global customers across a diversity of industries - including electric, oil & gas, manufacturing, mining, chemicals, and transportation - and to accelerate the next stage of the company's worldwide operations to address the burgeoning market for ICS/OT cybersecurity solutions.

"Our Series C funding is an investment by industry, for industry, and will enable us to fully meet this moment for our customers by advancing the innovative technology at the center of our Dragos Platform, expanding our global footprint, and continuing to recruit the world's most elite team of ICS/OT cybersecurity experts."

"Koch Industries has more than 500 global manufacturing facilities, and the need for protection from cybersecurity threats grows each day," said Byron Knight, Managing Director of Koch Disruptive Technologies.

"We understand the importance of technologies like the Dragos Platform that protect operational technologies and provide insights to help customers stay at the forefront of cyber innovation," said Lisa Lambert, Chief Technology and Innovation Officer at National Grid and President of National Grid Partners.

The effort to make ICS/OT-specific cybersecurity expertise and technology more accessible is a key element of the company's overarching mission to "Safeguard Civilization," and will be aided by expanding its support for ICS/OT practitioner-oriented events, education, and community networking opportunities.


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