NextNine

ICS/SCADA Cybersecurity Management Solutions

Cyber Security
Acquired (Inactive) by Honeywell on Aug 2017 - closed due to acquisition
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Company Overview

Snapshot

Founded in March 1998 by Adi Dulberg and Eldad Maniv, NextNine operated with 11–50 employees. The company raised $39.5 million across 4 funding rounds from 8 investors before being acquired by Honeywell in August 2017.

Business overview

NextNine delivered OT security management solutions tailored for complex multi-vendor Industrial Control Systems (ICS) environments. Its core product, ICS Shield, enabled industrial organizations to integrate OT/IT operations while mitigating security vulnerabilities. The solution protected multi-site remote field assets from a centralized security and operations center, automating the deployment and enforcement of plant-wide policies. NextNine served the oil and gas, utility, chemical, mining, and manufacturing sectors, providing visibility, reliability, and compliance for connected industrial operations.

Strategic signal

In August 2017, NextNine was acquired by Honeywell. This acquisition integrated NextNine's industrial cybersecurity capabilities into Honeywell's portfolio, signaling a strategic move by a major industrial player to enhance its offerings in the critical infrastructure protection market. For investors, this highlights the increasing value placed on specialized OT security solutions within the broader industrial automation and control systems landscape.

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Company Intelligence Q&A

What is NextNine's primary focus?
NextNine specializes in providing OT security management solutions for complex multi-vendor Industrial Control Systems (ICS) environments, aiming to minimize security vulnerabilities while enabling integrated OT/IT operations.
When was NextNine acquired?
NextNine was acquired by Honeywell in August 2017.
What was the total capital raised by NextNine?
NextNine raised a total of $39.5 million across 4 funding rounds.
Which investors participated in NextNine's September 2006 funding round?
In September 2006, NextNine received funding from investors including Ascend Technology Ventures.
What is ICS Shield?
ICS Shield is NextNine's field-proven solution designed to protect multi-site remote field assets from a single security and operations center, automating the deployment and enforcement of plant-wide policies to improve security governance and compliance.
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