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Announced

Completed

Bessemer Venture Partners and 40 North led a $140m Series D funding round in Claroty.

Financials

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Transaction Value£99m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Minority

Software

Single Bidder

Completed

cybersecurity

Cross Border

computer & network security

United States

Private Equity

Venture Capital

Private

Synopsis

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Bessemer Venture Partners, a specifically designed for growth-stage companies, and 40 North, an early-to-growth stage venture capital fund, led a $140m Series D funding round in Claroty, the industrial cybersecurity company. Additional strategic investors included LG, I Squared, Temasek, Team8, Rockwell Automation, Siemens and Schneider Electric. "Our mission is to drive visibility, continuity, and resiliency in the industrial economy by delivering the most comprehensive solutions that secure all connected devices within the four walls of an industrial site, including all operational technology, Internet of Things, and industrial IoT assets. With this new investment from the most prestigious firms in the world, we have the financial runway to execute on our proven product strategy in a hyper-growth market, with a world-class leadership team and a strong ecosystem of partners to take us there," Yaniv Vardi, Claroty CEO.

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