Claroty the Israeli cyber security company has completed a $ 140 million funding

Claroty, the global Israeli company for industrial cyber security, has announced the completion of a $ 140 million round of funding, this is the largest investment round ever in an industrial cyber company.
This investment establishes Clarotti's position as a leader in the industrial cyber market, as the world faces a spike in cyber attacks on critical infrastructure in recent months. The amount raised will be used by Clarotti to accelerate its global expansion and expand the business sectors it targets, as well as to further develop its innovative product portfolio.
The round was co-led by Bessemer Venture Partners' Century II growth fund, set up to invest in market-leading growth companies to shape the next century, and 40 North, the investment arm of global industry giant Standard Industries. Other strategic investors who participated in the round are LG and I Squared Capital's ISQ Global InfraTech Fund. In addition, all previous investors in Clarotti - including Team8 and its longtime customers and partners Rockwell Automation, Siemens and Schneider Electric - also participated in the current investment round, which brings the total capital raised by Clarotti to date to $ 235 million.
Yaniv Vardi, CEO of Clarotti: “Our mission is to enable visibility, business continuity and resilience to organizations in all industry sectors, with the most comprehensive solutions that effectively protect all devices and devices of networked industry sites, including all operational technology assets (OT), the Internet of Things (IoT) and Industrial IoT (IIoT).
The new investment, with the participation of the world's leading funds and organizations, provides the fuel we need to take off based on our proven product strategy in a fast-growing market, with a world-class management team and a strong partner network. "