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.

7acquisitions
9funding rounds
$6mpaid in the 1 acquisition with a disclosed price
$287.5mraised in the 8 rounds with a disclosed size
Browse other categories

Deals

Showing 1 to 16 of 16

DateDealAmountSource
December 2024OPSWAT acquired FendSecures operational technology against cyber threats using data diodes and unidirectional gatewaysUndisclosedReport on OPSWAT buying Fend, December 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2024ServiceNow acquired Mission SecureGives industrial sites trust-free protection built for operational technologyUndisclosedReport on ServiceNow buying Mission Secure, November 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
November 2024Belden and Hirschmann Automation and Control acquired VoleatechGerman firm making OT cybersecurity solutions, particularly firewalls$6mReport on Belden and Hirschmann Automation and Control buying Voleatech, November 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
October 2024DeNexus raised a Series A roundInvestor PGV$17.5mReport on the DeNexus funding round of October 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
July 2024Sword Group acquired IACS ConsultingCyber security consultancy for industrial automation and operational technology environmentsUndisclosedReport on Sword Group buying IACS Consulting, July 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2024Marlink acquired DivertoKeeps business and industrial systems safe from digital attacksUndisclosedReport on Marlink buying Diverto, July 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
July 2024Accenture acquired True North SolutionsIndustrial engineering solutions for operational technology in energy and miningUndisclosedReport on Accenture buying True North Solutions, July 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
June 2024XONA Systems raised fundingInvestor Energy Impact Partners$18mReport on the XONA Systems funding round of June 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2024Fend raised debt funding$150kReport on the Fend funding round of June 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
June 2024ioAire raised a seed round$740kReport on the ioAire funding round of June 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
May 2024TXOne Networks raised a Series B roundTXOne Networks provides operations-first cybersecurity for industrial operational technology environments.Investor TGVest Capital$51mReport on the TXOne Networks funding round of May 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
April 2024Salvador Technologies raised a seed roundInvestor HubraumUndisclosedReport on the Salvador Technologies funding round of April 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
April 2024RMC acquired SecuriconFirm guarding both business systems and industrial control networksUndisclosedReport on RMC buying Securicon, April 2024 (opens in a new tab)via SecurityWeek (opens in a new tab)
March 2024Nozomi Networks raised a Series E roundNozomi Networks provides OT and IoT security solutions for critical infrastructure, offering asset visibility and threat detection.Investors Mitsubishi Electric and Schneider Electric$100mReport on the Nozomi Networks funding round of March 2024 (opens in a new tab)via Security, Funded (opens in a new tab)
March 2024HackBook raised a pre-seed round$150kReport on the HackBook funding round of March 2024 (opens in a new tab)
March 2024Claroty raised private equity fundingClaroty provides cybersecurity for cyber-physical systems in industrial, healthcare, and commercial settings.Investor AB Private Credit Investors$100mReport on the Claroty funding round of March 2024 (opens in a new tab)via Security, Funded (opens in a new tab)

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.