Claroty

Claroty

Cybersecurity for cyber-physical systems

About Claroty

Simplify's Rating
Why Claroty is rated
A
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A+ on Differentiation

Industries

Cybersecurity

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$759.4M

Headquarters

New York City, New York

Founded

2015

Overview

Claroty focuses on cybersecurity for cyber-physical systems (CPS), which include operational technology (OT), Internet of Things (IoT), Building Management Systems (BMS), and Internet of Medical Things (IoMT). Their services help organizations in various industries, such as healthcare and utilities, to secure systems that integrate physical and digital technologies. Claroty's products enable organizations to monitor, control, and protect their CPS from cyber threats, ensuring visibility and threat detection. Unlike many competitors, Claroty emphasizes a comprehensive monitoring and risk management system, along with a dedicated research team, Team82, that provides insights into vulnerabilities and threats. The company's goal is to enhance the cyber risk posture of organizations by offering proactive security measures and support.

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Simplify's Take

What believers are saying

  • Claroty's recognition in Gartner's Magic Quadrant enhances its market credibility.
  • Partnerships with Capgemini and SealingTech expand Claroty's reach in key sectors.
  • Yuval Fessler's appointment suggests potential IPO, boosting financial resources.

What critics are saying

  • Healthcare IoT devices face increased ransomware threats, impacting Claroty's clients.
  • Federal sector solutions may struggle in complex, resource-limited environments.
  • Rapid growth may lead to regulatory scrutiny and compliance challenges.

What makes Claroty unique

  • Claroty specializes in protecting cyber-physical systems across various industries.
  • The company offers comprehensive cybersecurity controls for OT, IoT, and IIoT assets.
  • Claroty's Team82 provides critical vulnerability and threat research for CPS security.

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Funding

Total Funding

$759.4M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

1%

2 year growth

1%
Capgemini
May 6th, 2025
Capgemini recognized as a Leader in Avasant's Cybersecurity Services 2025 RadarView(TM)

In this context, Capgemini has partnered with leading players such as Claroty and Armis to secure OT/IoT environments in the manufacturing sector, and it delivers specialized security services for critical sectors, including medical devices, automotive, and 5G, ensuring resilient infrastructure.

PR Newswire
Apr 15th, 2025
Claroty Appoints Yuval Fessler As Chief Legal Officer

Tufin, OpenWeb Alum Brings Expertise in Scaling Rapid-Growth Companies Through International Expansion, Public Market ReadinessNEW YORK, April 7, 2025 /PRNewswire/ -- Claroty , the cyber-physical systems (CPS) protection company, today announced the appointment of Yuval Fessler as Chief Legal Officer (CLO). Fessler brings nearly two decades of legal and business experience to Claroty, with a strong track record in leading global legal and corporate affairs and driving high-impact strategic initiatives. A seasoned public company executive and expert in complex commercial transactions, corporate M&A, capital markets, and regulatory strategy, Fessler will help further scale Claroty's rapid growth as well as drive international expansion and public market readiness."Yuval joins Claroty at a stage in our journey where we're more confident than ever in our vision, technology, and leadership in protecting the world's most critical operations," said Yaniv Vardi, CEO of Claroty. "His deep knowledge of scaling hyper-growth companies to perform on the public market is an invaluable asset as Claroty charts our course for future success."Prior to joining Claroty, Fessler served as Chief Legal & Business Officer at Tufin, where he led the company's NYSE IPO in 2019, navigated complex shareholder and securities matters, and negotiated high-impact deals with Fortune 500 and Global 2000 clients across finance, tech, retail, aerospace, and government sectors. Fessler also served as Chief Legal & Business Officer and Corp Dev Lead at OpenWeb, where he was instrumental in raising over $300 million in growth capital and led several strategic global acquisitions."Claroty is experiencing explosive growth amidst clear recognition as the leader in CPS protection," said Fessler. "The company is extremely well-positioned for long term success and I'm thrilled to be joining and to help guide the team to becoming a cybersecurity powerhouse."Fessler's appointment comes on the heels of Claroty being named a Leader in the inaugural Gartner® Magic Quadrant™ for CPS Protection Platforms , in which the company was positioned highest for Ability to Execute and furthest for Completeness of Vision.1 Claroty has achieved over 300% growth in annual recurring revenue (ARR) over the past three years, now serving 24 of the Fortune 100.1 Gartner, Magic Quadrant for CPS Protection Platforms, Katell Thielemann, Wam Voster, Ruggero Contu, 12 February 2025Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation

Industrial Cyber
Apr 11th, 2025
Claroty appoints Jen Sovada as GM of public sector, expands US government focus

Claroty, a cyber-physical systems (CPS) protection company, announced on Thursday the appointment of Jen Sovada as General Manager of the Public Sector, as well as several milestones in the company's continued investment in the U.S. Public Sector.

PR Newswire
Mar 26th, 2025
New Research From Claroty'S Team82 Highlights Riskiest Medical Device Exposures In Healthcare Environments

"State of CPS Security: Healthcare Exposures 2025" Highlights the Most Urgent Healthcare Device and Network Vulnerabilities, Including OT Risks in HospitalsNEW YORK, March 26, 2025 /PRNewswire/ -- Claroty , the cyber-physical systems (CPS) protection company, today released new research on the riskiest exposures to connected medical devices most coveted for exploitation by adversaries. Based on analysis of over 2.25 million Internet of Medical Things (IoMT) and 647,000-plus operational technology (OT) devices across 351 healthcare organizations, the "State of CPS Security: Healthcare Exposures 2025" report found 89% of organizations have the top 1% of riskiest IoMT devices – which contain known exploitable vulnerabilities (KEVs) linked to active ransomware campaigns as well as an insecure connection to the internet – on their networks. These figures represent a highly targeted, critical area where most security teams should prioritize their remediation efforts.As cyberattacks in the healthcare sector continue to rise in severity and the resources to prevent them remain limited, this report illuminates the medical assets at high risk for ransomware, extortion attacks, and attacks exploiting insecure internet connections. Claroty's Team82 analyzed the challenges that hospitals and healthcare delivery organizations (HDOs) face when identifying which vulnerabilities and exposures in medical and OT devices to prioritize for remediation.The report details risk exposures in several key areas—hospital information systems (HIS), IoMT devices like imaging, patient equipment, and hospital OT systems. With disruptions to operational continuity and patient care delivery being key concerns, the report focused on a specific combination of medical device risk factors: the presence of KEVs, those KEVs being linked to ransomware, and an insecure internet connection. This represents an apex of exposures that together pose a real, imminent danger to healthcare organizations

Security Brief
Mar 12th, 2025
Claroty appoints Amir Preminger as new chief technology officer

Claroty has announced Amir Preminger as its new Chief Technology Officer.

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