• TXOne Networks

  Participated · Series B · Aug 2022

  TXOne Networks develops cybersecurity solutions to ensure the reliability and safety of industrial control systems and operational technology environments. The company offers both network-based and endpoint-based products to secure OT networks and mission-critical devices using a real-time, defense-in-depth approach. TXOne works with leading manufacturers and critical infrastructure operators to deliver operations-friendly cyber defense, including advanced threat detection and response to counter ransomware and other emergent strategic threats. TXOne secures the operations of more than 3,600 organizations globally across industries including semiconductors, automotive, pharmaceutical, food and beverage, public transportation, utilities, electronics, healthcare, mining and metals, oil and gas, and aerospace. In April 2024 TXOne announced the SageOne central management console to manage the CPS attack surface across OT, combining advanced technologies with a user-friendly interface and enabling integrated lifecycle protection. The company recently raised $51 million in a Series B extension, reflecting investor confidence in continued product and platform development. TXOne Networks, headquartered in Irving, Texas and Taipei, Taiwan, is a global leader in IIoT and OT cybersecurity. The company positions itself as a pioneer of an "OT zero trust" approach and offers both network-based and endpoint-based products to secure industrial control systems in real time. TXOne serves large enterprises, international conglomerates and upstream‑to‑downstream supply chains across sectors including semiconductor, medical and pharmaceutical, automobile, aerospace, smart manufacturing, food processing, public transportation and critical electric infrastructure. The firm was recognized by CRN as a 2022 Emerging Vendor in Security. Strong market demand contributed to a 107% year‑over‑year revenue increase in the first half of 2022; employment in Europe and the U.S. rose 67%, and total staff in Asia, Europe and the U.S. is expected to double by year‑end. TXOne plans to expand its global market presence and recruit talent to grow its OT zero‑trust cybersecurity platform. TXOne Networks develops cybersecurity solutions specifically for industrial control systems and the Industrial IoT. The company is a joint venture of Trend Micro and Moxa and is led by CEO Dr. Terence Liu. TXOne focuses on simplifying complex, fast-changing cybersecurity challenges encountered during digital transformation and on perfecting defense solutions for the ICS industry. The firm plans to use new funding to refine its ICS security products, expand business in certain regions, and strengthen marketing and after-sales service teams. Financially, TXOne has raised $23.7m since its founding and recently completed a Series A financing. It operates from Taipei and targets organizations undergoing industrial digital transformation.

No current team members are available.