SCADAfence
OT and IoT Cyber Security Platform for Critical Infrastructure and Enterprises
Company Overview
Snapshot
Founded in January 2014 by Ofer Shaked, SCADAfence operated with 11–50 employees. The company raised $39.5 million across 4 funding rounds from 12 investors. A significant milestone occurred in July 2023 when SCADAfence was acquired by Honeywell.
Business overview
SCADAfence specializes in developing cybersecurity solutions for Operational Technology (OT) and Internet of Things (IoT) environments. The company offers a comprehensive suite of industrial cybersecurity products designed to provide full coverage for large-scale networks, including network monitoring, asset discovery, governance, remote access, and IoT device security. SCADAfence serves organizations within critical infrastructure, manufacturing, and building management industries, enabling them to maintain secure, reliable, and efficient operations. Its core offerings include the SCADAfence Platform, OT Remote Access Security, Scadafence Governance Portal, and Scadafence IoT Security, targeting sectors such as Cyber Security and Industrial Security.
Strategic signal
In July 2023, SCADAfence was acquired by Honeywell, marking a significant strategic exit and validating its technology in the industrial cybersecurity market. This acquisition indicates a growing consolidation trend in the OT/IoT security space, as larger industrial players seek to integrate specialized cybersecurity capabilities to protect critical infrastructure and manufacturing operations. For investors, this signals the high value placed on robust OT and IoT security solutions and the potential for strong returns through strategic acquisitions in this sector.
Log in to access full profile ›Company Intelligence Q&A
- What was a major corporate development for SCADAfence in 2023?
- In July 2023, SCADAfence was acquired by Honeywell, leading to its inactive status.
- When did SCADAfence last raise funding?
- New investors included Mitsubishi Corporation and Fujitsu.
- What was a key partnership announced by SCADAfence in 2021?
- In September 2021, SCADAfence partnered with Keysight Technologies to enhance visibility and industrial cybersecurity for OT infrastructures.
- When did SCADAfence launch its global partner program?
- In October 2021, SCADAfence launched a new global partner program aimed at accelerating and scaling OT security for industrial organizations.