Claroty has raised a whopping $60 million in a second round of funding to build its cybersecurity for industrial infrastructure.

The rapidly expanding cybersecurity market is the result of a “perfect storm” that has placed industrial networks running critical global infrastructures in the spotlight.

“Our unparalleled investor syndicate, which includes some of the most important industrial companies in the world, is a ringing endorsement of Claroty’s technology and the progress our team has made,” said Claroty CEO Amir Zilberstein, in a statement. “Our mission is to protect the most critical networks on the planet, and our comprehensive platform provides our customers with the capabilities they need to accomplish this vitally important task.”

Old and insecure industrial control networks, which used to be “air-gapped,” are now being rapidly connected to networks and exposed to a range of risks. These networks are increasingly targeted by advanced nation state adversaries who are determined to harvest information and gain a persistent presence for potential future attacks.

In 2017, industrial networks also became collateral damage in ransomware attacks like WannaCry and NotPetya, which cost companies billions in losses.

The round includes lead investor Temasek, as well as Rockwell Automation, Siemens (Next 47), Schneider Electric (Aster Capital), Envision Ventures, and others. Original Claroty investors Bessemer Venture Partners, Team8, Innovation Endeavors, and ICV all participated in the round. To date, the company has raised a total of $93 million.

Founded in 2014, the New York…

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