Claroty raised $150 million in a Series F financing led by Golub Growth, an affiliate of Golub Capital, as the cyber-physical systems (CPS) security company pushes to broaden its platform and expand globally. The New York-based company said existing investors also committed up to an additional $50 million in the round.
Claroty said it will use the new capital to accelerate growth internationally through both organic initiatives and acquisitions, positioning the company to build what it describes as the industry’s most comprehensive CPS protection platform for securing mission-critical infrastructure. The company framed the raise as a response to increasing cyber risk in operational environments, where attacks originating in the digital domain can disrupt physical assets and essential services.
The company argued that while the CPS security market has matured rapidly, organizations defending industrial and critical infrastructure environments continue to face structural barriers, including unclear ownership between IT and operational technology teams, limited maturity models for measuring progress, and shortages in specialized security skills and resources. Claroty said those challenges have left many mission-critical operations exposed and are driving demand for a platform approach that unifies technology, people, and processes.
Chief Executive Officer Yaniv Vardi said Claroty is aiming to serve as the foundation for holistic CPS protection programs that reduce risk, support compliance, and preserve operational integrity. He said the company believes its domain expertise in industrial operations and networks, combined with its technology, differentiates the platform in a market that is becoming more strategically important as geopolitical risks rise.
Golub Capital Senior Managing Director Rob Tuchscherer said Golub Growth backed Claroty to help scale its CPS-focused solutions and meet what he described as evolving customer needs in a growing market. He said the platform’s domain expertise and customer value proposition were central to the firm’s decision to lead the round.
Claroty highlighted what it called a “momentous year” of growth and product progress leading into the financing. The company said its valuation increased 80% since its prior financing round in March 2024 and that it now works with 24 Fortune 100 companies. It also pointed to product and leadership moves, including the appointment of former Ford Motor Co. AI chief Gil Gur Arie as chief product officer and the launch of a CPS Library, an AI-powered asset catalog developed in partnership with Schneider Electric and Rockwell Automation to improve visibility into asset specifications.
The company also emphasized channel and ecosystem expansion, citing the achievement of the AWS Manufacturing and Industrial Competency for OT security and a new strategic collaboration with Google Security Operations. In the public sector, Claroty said it appointed retired U.S. Air Force Colonel Jen Sovada to lead its efforts, introduced an integration with Parsons’ SealingTech, and added FISMA support with STIG-hardened configuration management controls to its Continuous Threat Detection product, alongside a partnership with Mission IT aimed at expanding its footprint in the U.S. intelligence community.
Claroty also pointed to recent analyst recognition, saying it was named a Leader in the 2025 Gartner Magic Quadrant for CPS Protection Platforms and a Leader in The Forrester Wave for IoT Security Solutions in the third quarter of 2025.
Claroty said its platform is designed to secure mission-critical infrastructure through capabilities spanning exposure management, network protection, secure access, and threat detection, delivered either through its cloud offering, Claroty xDome, or on-premise through Claroty Continuous Threat Detection. The company said it is deployed by hundreds of organizations across thousands of sites worldwide and maintains operations across Europe, Asia-Pacific,c and Latin America.
KEY QUOTES:
“Organizations need a platform approach that serves as the foundation of a holistic CPS protection program, leveraging the right combination of technology, people, and processes in order to reduce risk, maintain compliance, and preserve operational integrity… This new funding marks the start of an exciting new chapter in Claroty’s growth journey, and we are thrilled to have Golub Growth join us on our mission to secure the cyber-physical systems that underpin our lives.”
Yaniv Vardi, CEO, Claroty
“Golub Growth is proud to partner with Claroty to help accelerate the growth of its proven solutions, which leverage unparalleled CPS domain expertise and a trusted platform to meaningfully reduce risk for customers… We’re excited to support the Claroty team as they scale to address the evolving needs of a dynamic and growing market.”
Rob Tuchscherer, Senior Managing Director, Golub Capital
