Claroty Raises $150 Million in Series F Funding

Cyber-physical systems security company Claroty on Thursday announced raising $150 million in a Series F funding round.

The funding, which brings the total raised by Claroty to roughly $900 million, was led by Golub Growth. Existing investors have confirmed an additional participation of up to $50 million.

Claroty has developed a platform that provides asset visibility, exposure management, network protection, secure access, and threat detection capabilities for xIoT systems, a term that encompasses operational technology such as ICS, IoT, and IIoT.

The company has never publicly confirmed its valuation, which reportedly exceeded $1 billion after a $140 million Series D round in 2021, and reportedly reached $2.5 billion following a $100 million strategic growth funding round in March 2024.

Calcalist reported on Thursday that Claroty’s value has increased by approximately 80%, reaching an estimated $3 billion.

While Claroty has confirmed an 80% increase in its valuation since March ...