cybersecdirectory

OT and ICS security acquisitions and funding

35 acquisitions of OT security vendors since 2020 and 51 funding rounds since 2022 on record. The most active buyers are Accenture (2), OPSWAT (2) and Rockwell Automation (2). See the OT security vendors in the directory.

35acquisitions
51funding rounds
$2.9bnpaid in the 5 acquisitions with a disclosed price
$1.5bnraised in the 40 rounds with a disclosed size
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Showing 51 to 86 of 86

DateDealAmountSource
September 2023Sapphire acquired AwenReduces cyber risks in operational technology systems for UK organisationsUndisclosedReportvia SecurityWeek
July 2023Cynalytica received a grantInvestor Virginia Innovation Partnership Corporation$75kReportvia Security, Funded
July 2023Honeywell acquired SCADAfenceIsraeli firm providing operational technology and IoT securityUndisclosedReportvia SecurityWeek
June 2023Corsha received a grantCorsha provides identity-based security for machine-to-machine connections in industrial and operational networks.Investor AFWERX$1.8mReportvia Security, Funded
June 2023Shift5 raised a Series B roundOnboard monitoring platform that detects cyber and electronic warfare threats on military vehicles, aircraft, ships and trains.Investor Moore Strategic Ventures$33mReportvia Security, Funded
June 2023Galvanick raised a seed roundGalvanick provides behavioral threat detection for operational technology environments.Investor MaC Venture Capital$10mReportvia Security, Funded
April 2023RazorSecure raised a seed roundInvestor Frontier Development Capital$1.6mReportvia Security, Funded
April 2023Parsons acquired IPKeys Power PartnersSupplier of digital defence and tech to towns and power companies$43mReportvia SecurityWeek
April 2023Frequentis acquired FrafosProtection products for internet phone callsUndisclosedReportvia SecurityWeek
March 2023SCADAfence raised fundingInvestor Global Brain Corporation$16mReportvia Security, Funded
February 2023Opscura raised a Series A roundInvestor Anzu Partners$9.4mReportvia Security, Funded
November 20226CloudTech raised a Series C roundInvestor Beijing Innovation Industry InvestmentUndisclosedReport
September 2022Operant Networks raised a seed roundInvestor Constellation Technology Ventures$3.8mReportvia Security, Funded
August 2022TXOne Networks raised a Series B roundTXOne Networks provides operations-first cybersecurity for industrial operational technology environments.Investor TGVest Capital$70mReportvia Security, Funded
August 2022SynSaber raised a Series A roundInvestor SYN Ventures$13mReportvia Security, Funded
August 2022GrayMatter acquired HTSEProvides process automation and machine control for industrial firmsUndisclosedReportvia SecurityWeek
July 2022Luoan Technology raised a Series C roundInvestor China Unicom Innovation Fund$74mReport
July 2022Xage Security raised a Series B roundInvestor Piva Capital$40.2mReportvia Security, Funded
June 2022Winicssec raised fundingInvestors Guangzhou Industrial Investment Group and China Development Bank CapitalUndisclosedReport
May 2022XONA Systems raised a Series A roundInvestors DataTribe and Task Force X Capital$7.2mReport
April 2022infiniDome raised a Series B roundInvestors Honeywell Venture Capital, Nextgear Ventures and VentureIsraelUndisclosedReport
April 2022Corsha raised a Series A roundCorsha provides identity-based security for machine-to-machine connections in industrial and operational networks.Investors Edge Ventures and TenEleven Ventures$12mReport
April 2022Sabanci Group acquired RadiflowRadiflow provides cyber security and risk management solutions for operational technology and industrial networks.$45mReportvia SecurityWeek
April 2022Red Lion Controls acquired MB connect lineSafe distant entry, linked factory devices and plant protection offerings for manufacturingUndisclosedReportvia SecurityWeek
April 2022Inframark acquired BLTIProvides industrial automation solutions for water and wastewater facilitiesUndisclosedReportvia SecurityWeek
February 2022CybExer Technologies raised fundingCybExer Technologies provides cyber range platforms for testing and training.$5.7mReport
February 2022Shift5 raised a Series B roundOnboard monitoring platform that detects cyber and electronic warfare threats on military vehicles, aircraft, ships and trains.$50mReport
January 2022SparkCognition raised a Series D round$123mReport
November 2021DNV acquired Applied RiskIndustrial cybersecurity companyUndisclosedReportvia SecurityWeek
October 2021Tetra Tech acquired Enterprise AutomationAdvises on and builds factory control and automation systemsUndisclosedReport
August 2021Deloitte acquired Applied Engineering SolutionsThe arm of Applied Engineering Solutions dealing with factory cyber protectionUndisclosedReportvia SecurityWeek
July 2021OPSWAT acquired Bayshore NetworksProvides industrial cybersecurity products for operational technology environmentsUndisclosedReportvia SecurityWeek
February 2021Landis+Gyr acquired RheboThe firm works on keeping factories safe and their machinery runningUndisclosedReportvia SecurityWeek
November 2020Hexagon AB acquired PAS Global LLCProvides cybersecurity for industrial process and power operationsUndisclosedReportvia Cybersecurity Ventures
October 2020Rockwell Automation acquired OyloProvides industrial control system cybersecurity services and solutionsUndisclosedReportvia Cybersecurity Ventures
February 2020Advent International and Crosspoint Capital Partners acquired Forescout TechnologiesForescout provides a platform for managing cyber risk and mitigating threats across IT, OT, IoT, and IoMT devices.$1.9bnReportvia Cybersecurity Ventures

Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Each Report link goes to the announcement or story the source cites, and the via link to the round-up or newsletter issue. Amounts are in US dollars. The category is what the bought or funded company sells.