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"https://www.businessinsider.com/claroty-industrial-cybersecurity-funding-pitch-deck-140-million-round-2021-6", "deckKindAt": "2026-04-28 07:19:06+00", "highlights": "The industrial cybersecurity startup Claroty announced a $140 million Series D investment round. This is the latest round in a booming industrial segment of cybersecurity that is making headlines. Here is the pitch deck that helped land Claroty its massive $140 million round. See more stories on Insider's business page.", "slideCount": 15, "companyName": "Claroty", "description": "The industrial cybersecurity startup Claroty announced a $140 million Series D investment round. This is the latest round in a booming industrial segment of cybersecurity that is making headlines. Here is the pitch deck that helped land Claroty its massive $140 million round. See more stories on Insider's business page. Startup Claroty announced a $140 million Series D financial round on Thursday;; which the company says is the largest yet in the booming industrial cybersecurity sector that protects power grids;; water supplies;; and factories from cyberattacks. Claroty's new round is co-led by Bessemer Venture Partners' Century II fund and 40 North. Additional strategic investors include LG;; and I Squared Capital's ISQ Global InfraTech Fund. All previous investors;; including Team8 and long-time customers and partners Rockwell Automation;; Siemens;; and Schneider Electric;; also participated. The round brings the company's total funding to $235 million. The company did not comment on valuation;; but PitchBook pegged it at $1 billion after the new round. Claroty;; an NYC startup founded in 2015;; worked closely with Pfizer to secure its COVID-19 vaccine supply chain;; and counts General Motors;; Rockwell Automation;; and Siemens as customers. This is the latest round in a segment of cybersecurity that is making headlines in both investing and national security news. In February a hacker tried to poison the water supply of a Florida town;; and many Americans realized for the first time just how vulnerable industrial sites are to cyberattack. Since then ransomware attacks have sparked a gas crisis;; and crashed the meat-supplier JBS for a month. In a summit with Russian President Vladimir Putin this month;; cyberattacks on industrial sites were a major policy item for President Joe Biden. The new focus on industrial cybersecurity has caused a market boom. Last year the Washington;; DC;; area startup Dragos raised a $110 million Series C venture funding round. And in February;; Silicon Valley industrial security firm Armis raised a $125 million private equity round. 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