Dragos Raises Additional $74M in Series D Extension Funding

USA – Dragos, a Washington, DC-based company which specializes in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments, raised additional $74M in Series D extension funding.

The round, which brought the total amount to $274M, was led by WestCap.The company intends to use the funds to bolster its ability to make ICS/OT cybersecurity more accessible around the world, expand operations and its business reach.Led by CEO Robert M. Lee, Dragos provides an industrial cybersecurity technology platform, giving customers visibility into their ICS/OT assets, vulnerabilities, threats, and response actions. It codifies data through its OT threat intelligence, and insights from its services team, into the software. The solutions protect organizations across a range of industries, including electric, oil & gas, manufacturing, building automation systems, chemical, government, water, food & beverage, mining, transportation, and pharmaceutical.The company operates in Canada, Australia, New Zealand, Europe, and the Middle East.18/09/2023