CyberX Raises $18 Million in Series B Funding to Combat Rising Threats to IIoT and Critical Infrastructure, Bringing Total Funding to $30 Million

CyberX, the IIoT and industrial control system (ICS) security company, today announced that the company has closed $18 million in Series B funding, bringing total investment to date to $30 million.

The round was led by Norwest Venture Partners, early investors in cybersecurity leaders FireEye and Fireglass (acquired by Symantec). CyberX’s previous investors, including Glilot Capital Partners, Flint Capital, ff Venture Capital, and OurCrowd, also participated in the round, which follows a milestone year of rapid growth for CyberX during which bookings grew by a factor of 3x.

Founded in 2013 by Omer Schneider and Nir Giller — military cyber experts with nation-state expertise defending critical infrastructure — CyberX has successfully deployed its continuous ICS threat monitoring and risk mitigation platform in Global 2000 enterprises across all critical infrastructure verticals, including energy & utilities, pharmaceuticals, chemicals, oil & gas, and manufacturing.

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John Evans

Customer Success Manager John has over 15 years’ experience in managing clients and helping them achieve their desired outcomes. John heads up our customer success and community management at IndustrialCyber, taking care of clients’ needs, inquiries and advertising.