Dragos

Dragos

Cybersecurity for industrial control systems

About Dragos

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

Industries

Consulting

Industrial & Manufacturing

Cybersecurity

Company Size

501-1,000

Company Stage

Series D

Total Funding

$432.2M

Headquarters

Glen Burnie, Maryland

Founded

2016

Overview

Dragos specializes in cybersecurity for industrial control systems (ICS) and operational technology (OT) environments, which are essential for industries like manufacturing, energy, water, and transportation. Their main product, the Dragos Platform, allows organizations to visualize their network, detect threats, and respond effectively to cyberattacks. Unlike many competitors, Dragos focuses specifically on the unique challenges faced by ICS and OT systems, which are often outdated and vulnerable to attacks. The company aims to enhance the security of critical infrastructure across various sectors globally, providing both a subscription-based platform and consulting services to help clients strengthen their cybersecurity strategies.

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Simplify's Take

What believers are saying

  • Dragos' global partnerships enhance its cybersecurity capabilities and market reach.
  • Recognition as a leader in Gartner's Magic Quadrant boosts Dragos' industry credibility.
  • Growing demand for cybersecurity in energy and industrial sectors supports Dragos' growth.

What critics are saying

  • Increased competition in ICS and OT cybersecurity may erode Dragos' market share.
  • Rapid evolution of cyber threats may outpace Dragos' platform updates.
  • Integration of acquisitions like Network Perception may face operational challenges.

What makes Dragos unique

  • Dragos specializes in cybersecurity for industrial control systems and operational technology.
  • The Dragos Platform offers comprehensive visibility, threat detection, and rapid response tools.
  • Dragos provides consulting services to enhance clients' cybersecurity strategies and roadmaps.

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Funding

Total Funding

$432.2M

Above

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Meet Average

Industry standards

$77M
$70M
Twilio
$74M
Dragos
$80M
Handshake
$100M
Affirm

Benefits

Medical, dental, vision, disability, & life insurance

401k with match

Equity

Competitive compensation

Remote working options

Pet-friendly options

In-house brewery

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -2%

2 year growth

↓ -2%
Connectivity 4 IR
Apr 28th, 2025
Dragos recognised by Gartner for CPS security thought leadership

Dragos has recently been named as a leader in the first-ever Gartner magic quadrant for cyber-physical systems (CPS) protection platforms report.

Business Wire
Feb 18th, 2025
Dragos Named a Leader in 2025 Gartner(R) Magic Quadrant(TM) for CPS Protection Platforms

Dragos named a Leader in 2025 gartner(r) Magic quadrant(tm) for CPS Protection Platforms.

HR Tech Wire
Jan 16th, 2025
Dragos and Yokogawa Forge Global Partnership to Strengthen Cybersecurity for Industrial Systems Worldwide

Dragos Inc., the global leader in cybersecurity for operational technology (OT) environments, today announced a global partnership with Yokogawa Electric Corporation (TOKYO: 6841), a leading provider of industrial automation and instrumentation solutions to the process and manufacturing industries.

Silicon Canals
Jan 9th, 2025
Dragos Inc. Media Alert: Dragos CEO Robert M. Lee to Address Global Audience on Cybersecurity Complexity and Resiliency at the World Economic Forum Annual Meeting in Davos, Switzerland

Dragos Inc., the global leader in cybersecurity for operational technology (OT) environments, today announced CEO and Co-founder Robert M. Lee is returning as a speaker at the World Economic Forum (WEF) Annual Meeting in Davos, Switzerland for the session "Cutting through Cyber Complexity."

CIO First
Jan 9th, 2025
Dragos Names Ekta Singh-Bushell as Chief Operating Officer

Dragos Inc., the global leader in cybersecurity for operational technology (OT) environments, announced it has appointed Ekta Singh-Bushell as Dragos's first Chief Operating Officer.

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