Claroty, a specialist in operational technology (OT) network protection, has secured a USD32 million venture capital investment led by Red Dot Capital Partners.
Established as part of Israeli cybersecurity foundry Team8, Claroty’s team has prior experience working with Siemens, IBM, Waterfall Security, Palo Alto Networks, iSIGHT Partners (FireEye), ICS2, Industrial Defender and others.
Launched in 2016, Red Dot Capital Partners is a capital fund focused on growth stage investments. Fully funded by Temasek, through its enterprise development unit, Red Dot Capital Partners will support Claroty in its Asia growth plans.
"We invest in technology companies with market-tested technologies, a robust customer base and which are poised for fast growth. We believe Claroty is a strong candidate to successfully penetrate Asia-Pacific markets," says Red Dot Capital Partners managing partner Zvika Naggan. "We look forward to collaborating with this innovative company to introduce its unique cybersecurity platform focused on a burgeoning, yet underserved critical infrastructure protection market."
