Claroty’s $150M Series F: A Defining Moment for Industrial Cybersecurity and Critical Infrastructure Protection

The industrial cybersecurity landscape has reached a pivotal milestone with Claroty raising $150 million in Series F funding, led by Golub Growth. This funding round represents far more than capital injection—it signals a broader recognition of industrial cybersecurity as a mission-critical pillar of global infrastructure resilience. For venture capital firms specializing in critical technology infrastructure, including Evolve Venture Capital, this development strongly validates the accelerating importance of securing industrial and operational systems in an increasingly connected world.

As cyber threats evolve in sophistication and scope, industrial environments—once considered isolated and secure—are now deeply exposed. Claroty’s latest funding round reflects the urgency of addressing these vulnerabilities at scale.

Securing Critical Infrastructure: Why It Matters More Than Ever

Critical infrastructure forms the backbone of modern civilization. Manufacturing plants, power grids, oil and gas facilities, transportation networks, and water treatment systems all rely on Operational Technology (OT) environments. Historically, these systems were air-gapped and designed primarily for safety and uptime—not cybersecurity.

However, the rise of IoT, cloud integration, remote access, and digital transformation initiatives has changed this reality. Industrial systems are now connected to enterprise IT networks, suppliers, and even public networks. This convergence has created unprecedented efficiency—but also a vastly expanded attack surface.

A cyberattack on industrial systems is no longer just a data breach. It can lead to:

• Production shutdowns

• Physical equipment damage

• Environmental disasters

• Power outages

• Threats to human safety

This is precisely where industrial cybersecurity becomes not just an IT concern, but a national and economic security imperative.

Claroty: Building an End-to-End Industrial Security Platform

Founded in 2015 by Amir Zilberstein, Benny Porat, and Galina Antova, Claroty has positioned itself as a leading end-to-end industrial cybersecurity provider. The company focuses on protecting cyber-physical systems (CPS) across industrial, healthcare, and commercial environments.

With total reported equity funding of approximately $890 million, Claroty’s growth trajectory reflects both strong execution and a massive market opportunity. The company’s platform is designed to address the unique challenges of OT environments by offering:

• Asset discovery and visibility

• Network monitoring and threat detection

• Vulnerability management

• Secure remote access

• Compliance and risk management

Unlike traditional cybersecurity tools built for enterprise IT, Claroty’s solutions are purpose-built for industrial environments where uptime, safety, and legacy systems are non-negotiable.

Why Industrial Cybersecurity Is Different from Enterprise IT Security

One of the most important distinctions investors and founders must understand is that industrial cybersecurity is not simply an extension of enterprise IT security.

Industrial systems have unique characteristics:

• Legacy hardware with long life cycles

• Proprietary protocols and systems

• Zero tolerance for downtime

• Safety-critical operations

• Limited patching windows

Traditional IT security strategies—such as frequent patching, endpoint agents, or aggressive scanning—can actually disrupt or damage OT systems. This creates a major opportunity for specialized startups that deeply understand industrial environments.

From a venture capital perspective, this complexity creates high barriers to entry, making the market particularly attractive for long-term, defensible investments.

Venture Capital and the Industrial Cybersecurity Opportunity

Industrial cybersecurity sits at the intersection of digital transformation, national security, and operational resilience—making it one of the most compelling investment themes in modern cybersecurity.

For early-stage and growth-stage venture capital firms, the sector offers:

• Strong regulatory tailwinds

• High switching costs

• Long enterprise contracts

• Mission-critical customer relationships

Cybersecurity investors are increasingly drawn to companies that demonstrate the ability to:

1. Target Underserved Markets

Industrial and critical infrastructure sectors have historically been underprotected. Startups addressing these gaps are meeting urgent, unmet needs.

2. Offer Holistic Solutions

Point solutions are giving way to platforms that provide end-to-end visibility and protection, reducing complexity for enterprise customers.

3. Demonstrate Measurable ROI

Industrial buyers demand clear outcomes—reduced downtime, improved risk posture, and compliance alignment.

Claroty’s success exemplifies how these principles translate into scalable growth and investor confidence.

Key Takeaways for Founders in Industrial Cybersecurity

For entrepreneurs looking to raise capital or build in this space, Claroty’s journey highlights several critical lessons:

Deep Domain Expertise Is Non-Negotiable

Founders must understand both cybersecurity and industrial operations. Credibility with customers depends on speaking the language of engineers, plant managers, and CISOs alike.

Focus on High-Impact Use Cases

Not all threats are equal. Investors favor solutions that address catastrophic failure scenarios, not just theoretical risks.

Build Enterprise-Ready Solutions

Industrial organizations require robust onboarding, compliance support, scalability, and integration with existing systems.

Those who successfully navigate these challenges are well positioned to attract both customers and capital.

Evolve Venture Capital’s View on Industrial Cybersecurity

At Evolve Venture Capital, industrial cybersecurity represents one of the most compelling investment frontiers in critical technology infrastructure. The convergence of Operational Technology (OT) and Information Technology (IT) creates both vulnerabilities and opportunities for transformative security innovation.

As industrial systems modernize, the need for intelligent, adaptive, and context-aware security solutions will only intensify. Companies that can bridge the gap between traditional IT security and OT protection are uniquely positioned to lead the next phase of cybersecurity evolution.

The Future of Industrial Cybersecurity

Looking ahead, we expect continued growth in investment across industrial sectors including manufacturing, energy, transportation, and utilities. Increasing regulatory pressure, geopolitical risk, and digital dependency will further accelerate demand for specialized security solutions.

The winners in this space will be companies that combine technical excellence, industry insight, and scalable platforms. For founders and investors alike, this moment represents a rare alignment of urgency, opportunity, and long-term impact.

For those building in industrial cybersecurity, now is the time to engage with investors who understand both the technical and commercial realities of protecting critical infrastructure.

Contact Information

Website: www.evolvevcap.com
Email: contact@evolvevcap.com
Phone: +65 8181 4097