# Dragos

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dragos

- Industry: IT Security/Cybersecurity
- Headquarters: US
- Website: www.dragos.com
- Total disclosed funding: $348M
- Latest round: Series D (Sep 18, 2023)
- Investors on record: 14

## About

Based in Maryland, US, and founded in 2016, Dragos, Inc. is a cybersecurity company that provides a cloud-based security technology platform for OT environments. As of 2024, the company is headed by its CEO Robert M. Lee. In September 2023, the firm raised USD 74 million in Series D funding led by investor WestCap. The Series D funding values Dragos, Inc. at USD 1.2 billion post-money. The round was part of a larger USD 274 million series D funding. The Series D funding values Dragos, Inc. at USD 1.2 billion post-money.

Dragos, Inc. offers an OT cybersecurity platform that provides asset visibility and inventory, vulnerability management, threat detection, and investigation. The professional services of the firm include architecture assessments, tabletop exercises, penetration testing, threat hunting, OT watch, readiness assessment, and many more. The product range of the firm includes Dragos Platform, Dragos Threat Intelligence, and Neighbourhood Keeper, which provide a variety of solutions including cybersecurity, OT compliance, ICS security roadmap, industrial cyber risk management, etc.

The company plans to use the September 2023 funding to expand its pipeline into different verticals and expand its business reach in North America, Europe, the Middle East, and Asia-Pacific.

## Funding rounds

- Series D, Sep 18, 2023, $74M — Westcap Management
- Series D, Oct 28, 2021, $200M — AllegisCyber Capital, Canaan Partners, Emerson, Rockwell Automation, Inc., BlackRock, Global Reserve Group, Energy Impact Partners, Hewlett Packard Enterprise Development LP, DataTribe, Schweitzer Engineering Laboratories, Inc., Koch Disruptive Technologies, National Grid Partners
- Series C, Jul 31, 2020, $35M — AllegisCyber Capital, Canaan Partners, Aramco Ventures, Energy Impact Partners, Hewlett Packard Enterprise Development LP, DataTribe, Schweitzer Engineering Laboratories, Inc., Koch Disruptive Technologies, National Grid Partners
- Series B, Oct 12, 2018, $30M — Canaan Partners, Emerson, Schweitzer Engineering Laboratories, Inc., National Grid Partners
- Series A, Jul 6, 2017, $9.1M — AllegisCyber Capital, Energy Impact Partners, DataTribe
- Seed, Sep 16, 2016, $1.2M — DataTribe

## Investors

- DataTribe (https://capitalatlas.ai/funds/datatribe) — Seed, Series A, Series C, Series D
- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series A, Series C, Series D
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A, Series C, Series D
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series B, Series C, Series D
- Emerson — Series B, Series D
- Schweitzer Engineering Laboratories, Inc. — Series B, Series C, Series D
- National Grid Partners (https://capitalatlas.ai/funds/national-grid-partners) — Series B, Series C, Series D
- Aramco Ventures (https://capitalatlas.ai/funds/aramco-ventures) — Series C
- Hewlett Packard Enterprise Development LP — Series C, Series D
- Koch Disruptive Technologies (https://capitalatlas.ai/funds/koch-disruptive-technologies) — Series C, Series D
- Rockwell Automation, Inc. — Series D
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series D
- Global Reserve Group — Series D
- Westcap Management (https://capitalatlas.ai/funds/westcap-management) — Series D