Participated · Equity · Mar 2024

Claroty develops an industry-centric cyber-physical systems (CPS) protection platform that delivers asset visibility, exposure management, network protection, secure access, and threat detection across cloud (xDome) and on-premise (Continuous Threat Detection) deployments. In 2025 the company introduced the AI-powered CPS Library, created with Schneider Electric and Rockwell Automation, to improve asset cataloging accuracy, and it has forged strategic alliances with AWS, Google Security Operations, and Parsons' SealingTech. Claroty now serves hundreds of organizations at thousands of sites, including 24 of the Fortune 100, and was named a Leader in Gartner’s 2025 CPS Protection Platforms Magic Quadrant and Forrester’s Q3 2025 IoT Security Wave. The firm reported an 80% valuation jump since its prior financing in March 2024. Recent executive hires include former Ford AI chief Gil Gur Arie as CPO and retired U.S. Air Force Colonel Jen Sovada to head public-sector efforts. Proceeds from the latest round will fund global expansion—both organic growth and acquisitions—as Claroty pursues its goal of building the market’s most comprehensive CPS protection suite.