The cybersecurity technology producer, created by corporate-backed incubator Team8, has emerged from stealth with $32m in funding from investors including Mitsui.
US-based cybersecurity technology developer Claroty emerged from stealth on Tuesday with $32m in capital provided by investors including diversified conglomerate Mitsui.
The company’s other backers include Bessemer Venture Partners, Innovation Endeavors, Marker, ICV Capital Partners and Red Dot Capital Partners.
Claroty has developed a platform to protect critical industrial infrastructure. The technology uses advanced algorithms to monitor industrial control systems communications, providing security and processing integrity warnings.
The startup is the second company to be incubated by cybersecurity-focused foundry Team8,…