SCADAfence Ltd.
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SCADAfence Ltd. - overview
Established
2014
Location
New York, NY, US
Primary Industry
IT Security/Cybersecurity
About
SCADAfence Ltd. is a cybersecurity firm specializing in operational technology (OT) solutions, providing organizations with robust protection against cyber threats in industrial environments. Based in New York, US, SCADAfence Ltd. offers cybersecurity solutions tailored for operational technology environments.
The company was founded in 2014 by Ofer Shaked and has completed a total of 6 funding rounds. In July 2023, Honeywell International Inc. agreed to acquire SCADAfence Ltd from Connecticut Innovations, iAngels Crowd Ltd, NexStar Partners, Mitsui Fudosan Co. , Ltd.
, DS Strategic Partners, Global Brain, Jerusalem Venture Partners, Prosegur Ventures, Rapid7 LLC, Fujitsu Ventures, Mitsubishi Electric and HCS Capital Partners. Financial terms were not disclosed. This acquisition aims to enhance both operational technology and cybersecurity capabilities. SCADAfence Ltd.
provides comprehensive cybersecurity solutions specifically designed for operational technology (OT) environments, focusing on near real-time visibility into threats, vulnerabilities, and anomalous behaviors within industrial control systems (ICS). Its offerings include advanced monitoring capabilities and automated asset discovery, tailored to sectors such as manufacturing, energy, and healthcare, and marketed globally, particularly in regions advancing industrial automation and cybersecurity. SCADAfence’s revenue model is primarily subscription-based, involving software licenses, deployment services, and ongoing technical support. This allows clients to maintain continuous access to updated cybersecurity measures and compliance monitoring tools under agreements that cover multiple sites, ensuring centralized oversight of their cybersecurity posture.
Following the acquisition by Honeywell International Inc. in July 2023, SCADAfence plans to leverage the new partnership to expand its product offerings and enhance its operational strategies. The company aims to introduce new cybersecurity solutions designed for operational technology environments, focusing on a broader market reach across North America, Europe, and Asia-Pacific, with the goal of reinforcing its position in the industrial cybersecurity sector. The funding from the acquisition is expected to support these initiatives and facilitate further technological advancements.
Current Investors
Jerusalem Venture Partners, Global Brain, iAngels Crowd Ltd
Primary Industry
IT Security/Cybersecurity
Sub Industries
Security Services, IT Security/Cybersecurity, Monitoring & Security Software
Website
www.scadafence.com/
Verticals
IoT (Internet of Things)
Company Stage
Acquired
Total Amount Raised
Subscriber access only
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