Security News > 2021 > June > Claroty raises $140M to expand into new regions and enhance its product portfolio

The new funding will be used to accelerate the company's expansion into new verticals and regions, as well as to further enhance its product portfolio.

As these incidents show no signs of slowing, Claroty's new investment has firmly positioned the company at the forefront of the market with the resources, experience, and capabilities needed to shore up industrial cyber defenses for the future.

Released Claroty Edge, a new, patent-pending addition to The Claroty Platform and the industry's zero-infrastructure industrial cybersecurity solution.

With over 120 ICS vulnerability disclosures to date, the Claroty Research Team leads the ICS threat research industry by far, helping Claroty's strategic partners to deliver more secure products.

Claroty will use the funds to meet rapidly accelerating global demand for The Claroty Platform's visibility, threat detection, risk and vulnerability management, and secure remote access capabilities by expanding into new verticals and regions, growing global headcount, bolstering its commitment to securing IoT devices, and further empowering customers' journey to the cloud.

"Cybersecurity is a crucial component of that effort, and Claroty has proven itself as the most experienced, innovative, and visionary company in this industry. We look forward to working with its top-notch team to secure the new industrial revolution."

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