Claroty, the cyber-physical systems (CPS) protection company, secured $150 million in Series F funding led by Golub Growth, valuing the company at $3 billion—an 80% increase from its March 2024 valuation.
The funding arrives as cyberattacks on critical infrastructure intensify globally. Per Gartner, ransomware and cyber attacks now affect physical assets like oil pipelines, water utilities, and medical equipment. These attacks have become particularly popular with Russian, Chinese, and North Korean hackers, with potential to cost human lives.
Claroty now counts 24 of the Fortune 100 as customers and recently launched an AI-powered CPS Library in collaboration with Schneider Electric and Rockwell Automation. The company employs about 750 people, including 350 in Israel.