Cyber Security Startup Claroty Raises $32M

September 13, 2016 | Israeli cyber security company Claroty has come out of stealth mode and announced it has completed a financing round of $32 million. The startup also announced that it is launching its protection platform for industrial networks. Established in 2014 as part of Israeli cyber security foundry Team8, Claroty’s backers include Bessemer Venture Partners, Eric Schmidt’s Innovation Endeavors, Marker, ICV, Red Dot Capital Partners, and Mitsui & Co., Ltd. The company enters the market as the most substantially funded cyber security startup focused on protecting industrial control systems, and with one of the deepest teams in OT security from organizations including Siemens, IBM, Waterfall Security, Palo Alto, iSIGHT Partners (FireEye), ICS2, and Industrial Defender. With offices in Tel Aviv and New York, Claroty was founded by CEO Amir Zilberstein, chief business development officer Galina Antova, and CTO Benny Porat.