Rapid7 took part in the industrial cybersecurity platform developer's latest round, following $10m from investors including Mitsui Fudosan in 2017.
US-headquartered industrial cybersecurity software provider Scadafence raised $12m yesterday in a funding round led by venture capital firm JVP and backed by cybersecurity technology provider Rapid7 and unnamed existing investors.
Scadafence has developed a cybersecurity platform for use with operational technology (OT) and industrial internet-of-things (IoT) systems.
The company had previously secured $10m from real estate developer Mitsui Fudosan’s 31Ventures Global Innovation Fund, JVP, NexStar Partners, GB-VI Growth Fund Investment Limited Partnership, iAngels and DS Strategic Partners in 2017.
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