SCADAfence

OT and IoT Cyber Security Platform for Critical Infrastructure and Enterprises

Cyber Security
Acquired (Inactive) by Honeywell on Jul 2023 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2014 by Ofer Shaked, SCADAfence operated with 11–50 employees. The company raised a total of $39.5 million across 4 funding rounds from 12 investors before being acquired by Honeywell in July 2023.

Business overview

SCADAfence develops cybersecurity solutions for Operational Technology (OT) and Internet of Things (IoT) environments. The company offers a comprehensive suite of industrial cybersecurity products that provide network monitoring, asset discovery, governance, remote access, and IoT device security. SCADAfence serves organizations in critical infrastructure, manufacturing, and building management industries, enabling them to maintain secure, reliable, and efficient operations.

Strategic signal

The acquisition of SCADAfence by Honeywell in July 2023 signifies a strategic move by a major industrial player to enhance its cybersecurity offerings for OT and IoT. This event validates the growing importance of specialized security solutions for critical infrastructure and manufacturing, indicating a market trend towards consolidation and integration of advanced cybersecurity capabilities within broader industrial automation portfolios.

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Company Intelligence Q&A

When was SCADAfence acquired?
SCADAfence was acquired by Honeywell in July 2023.
What was SCADAfence's last funding round?
SCADAfence completed a funding round in March 2023, with new investors including Mitsubishi Corporation and Fujitsu.
Which companies did SCADAfence partner with in 2021?
In September 2021, SCADAfence partnered with Keysight Technologies to provide visibility and industrial cybersecurity for OT infrastructures. In February 2021, Rapid7 partnered with SCADAfence to provide deep visibility into operational technology assets in hybrid environments.
What was a significant product launch for SCADAfence?
In November 2019, SCADAfence launched version 6.0 of its platform, which was highlighted as the first OT security platform to unite OT and IT users in preventing cyber attacks.
When did SCADAfence launch its global partner program?
SCADAfence launched a new global partner program in October 2021 to accelerate and scale OT security solutions to industrial organizations.
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