Claroty

Claroty Raises $140M in Series E

Claroty has successfully raised $140M in a Series E at a $2.5B valuation led by Schneider Electric.

Company Overview

Claroty is a Cybersecurity company headquartered in New York, NY, founded in 2015 with 500+ employees.

Industrial cybersecurity

Fundraising Details

• Amount Raised: $140M
• Round Type: Series E
• Valuation: $2.5B
• Date: 2024-07-17
• Investors: Schneider Electric

About Claroty

Industrial cybersecurity The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: New York, NY
• Founded: 2015
• Team Size: 500+
• Industry: Cybersecurity

What This Means

This funding round demonstrates strong investor confidence in Claroty's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. Claroty's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2.5B valuation marks an important milestone for Claroty, positioning the company among notable players in the Cybersecurity industry.

Looking Ahead

With this new capital, Claroty is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-07-17. For more information about Claroty, visit their headquarters at New York, NY.