Claroty raises $150m to expand cyber-physical security

Claroty has raised $150 million in a Series F funding round led by Golub Growth, an affiliate of Golub Capital, with existing investors confirming additional participation of up to $50 million.

The New York-headquartered company sells security products for cyber-physical systems, which it describes as technology used in environments where digital systems connect with physical operations. Claroty focuses on organisations that run critical infrastructure and other industrial settings.

Claroty said it planned to use the funding for global expansion. It said it expected growth through organic and inorganic routes.

Critical infrastructure

The funding comes amid continued scrutiny of cyber risks that spill into physical operations, including disruption to utilities and industrial sites. Gartner described cyber-physical systems as a growing area of concern as cyber attacks affect physical assets, particularly in critical infrastructure sectors.

Claroty also described organisational challenges for security teams tasked with protecting these environments. It pointed to issues such as unclear ownership between IT and operational technology teams, limited skills and resources, and the absence of a maturity model or roadmap for measuring progress.

"Organisations need a platform approach that serves as the foundation of a holistic CPS protection program, leveraging the right combination of technology, people, and processes in order to reduce risk, maintain compliance, and preserve operational integrity," said Yaniv Vardi, Chief Executive Officer, Claroty.

"With the deepest knowledge of CPS operations and networks and the most advanced technology in the market, Claroty is uniquely positioned to help organizations achieve these outcomes. This new funding marks the start of an exciting new chapter in Claroty's growth journey, and we are thrilled to have Golub Growth join us on our mission to secure the cyber-physical systems that underpin our lives," said Vardi.

Golub Growth said it would back Claroty as the company scales in a market it characterised as expanding and changing.

"Golub Growth is proud to partner with Claroty to help accelerate the growth of its proven solutions, which leverage unparalleled CPS domain expertise and a trusted platform to meaningfully reduce risk for customers," said Rob Tuchscherer, Senior Managing Director, Golub Capital.

"We're excited to support the Claroty team as they scale to address the evolving needs of a dynamic and growing market," said Tuchscherer.

Product focus

Claroty positions its offering around what it calls a platform for cyber-physical systems protection. The company said the product set includes exposure management, network protection, secure access and threat detection.

Claroty sells cloud and on-premise options. It markets Claroty xDome as its cloud service. It also sells Claroty Continuous Threat Detection, which it describes as an on-premise product.

In the past year, Claroty said it hired Gil Gur Arie as Chief Product Officer. The company described him as a former AI Chief at Ford Motor Co.

Claroty also said it launched the CPS Library. It described the product as an AI-powered asset catalogue. The company said it developed the CPS Library in partnership with Schneider Electric and Rockwell Automation.

Partners and public sector

Claroty said it achieved the AWS Manufacturing and Industrial Competency for OT Security. It also reported a strategic collaboration with Google Security Operations.

In public sector markets, Claroty said it appointed retired US Air Force Colonel Jen Sovada to lead its team. It also said it launched an integration with Parsons' SealingTech.

Claroty said it added FISMA support with STIG-hardened configuration management controls to Claroty Continuous Threat Detection. It also announced a partnership with Mission IT, which it said related to entry into the US Intelligence Community.

Growth markers

Claroty said its valuation had increased by 80% since its previous financing round in March 2024. It did not disclose the current valuation figure as part of the announcement.

The company also said it works with 24 of the Fortune 100 organisations. Claroty said it is deployed by hundreds of organisations across thousands of sites globally.

Claroty highlighted analyst recognition in Gartner and Forrester research. It said it was named a Leader in the 2025 Gartner Magic Quadrant for CPS Protection Platforms. It also said it was named a Leader in The Forrester Wave: IoT Security Solutions, Q3 2025.

Claroty has a presence in Europe, Asia-Pacific and Latin America. The company said it would pursue global expansion following the Series F round.