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. SCADAfence was acquired by Honeywell in July 2023.

Business overview

SCADAfence developed cybersecurity solutions for Operational Technology (OT) and Internet of Things (IoT) environments, focusing on critical infrastructure and enterprises. The company offered a comprehensive suite of industrial cybersecurity products, including network monitoring, asset discovery, governance, remote access, and IoT device security. SCADAfence’s technology provided proactive security and visibility for complex OT networks, serving industries such as critical infrastructure, manufacturing, and building management. Its solutions are categorized under the Cyber Security sector, specifically Industrial Security, and target industrial manufacturing, utilities (water, gas, electricity), and enterprise clients.

Strategic signal

In July 2023, SCADAfence was acquired by Honeywell. This acquisition signals a strategic move by a major industrial conglomerate to integrate advanced OT and IoT cybersecurity capabilities, reflecting the increasing importance of securing critical infrastructure and industrial control systems against cyber threats. For investors, this highlights the growing M&A activity and consolidation within the industrial cybersecurity market, driven by the need for robust protection in an interconnected operational landscape.

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Company Intelligence Q&A

What was a significant recent corporate development for SCADAfence?
In July 2023, SCADAfence was acquired by Honeywell, leading to its inactive status.
What strategic partnership did SCADAfence announce in 2022?
In August 2022, SCADAfence announced a partnership with Secureworks to enhance channel alliance momentum.
What product update did SCADAfence release in 2019?
In November 2019, SCADAfence launched SCADAfence 6.0, an OT security platform designed to unite OT and IT users in preventing cyber attacks.
What was a notable partnership for SCADAfence in 2021?
In September 2021, SCADAfence partnered with Keysight Technologies to provide visibility and industrial cybersecurity for OT infrastructures.
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