The IoT technology provider’s fresh round co-led by SE Ventures and SoftBank Vision Fund 2 represents a renewed interest in the cybersecurity sector, with Dragos and Nozomi also having raised corporate funding in recent months.

Energy management system provider Schneider Electric and telecommunications group SoftBank have co-led a $400m series E round for US-based Claroty, the latest of a flurry of internet-of-things (IoT) and cybersecurity companies raising capital.

Venture capital firm Bessemer Venture Partners and investment firm Standard Investments also co-led the round, which included Istari and Team8.

The corporates were represented by SE Ventures and SoftBank Vision Fund 2 respectively, with Yossi Cohen – who oversees the latter’s Israel investment activities on behalf of…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.