http://fortune.com/2018/11/14/dragos-raise-funding-venture-capital-energy-grid-security/
By Robert Hackett
Fortune.com
11/14/2018
Two years ago when Rob Lee first sought funding for his cybersecurity
startup Dragos, most venture capitalists didn't deem the business
"investible," he says.
The market for securing industrial control systems --machinery used in
manufacturing, water treatment, power plants, and oil and gas facilities
-- struck prospective backers as too complex, slow-moving, and small. The
opportunity wasn’t obvious, even in the immediate aftermath of a
hacker-induced outage of a Ukrainian power grid by a group associated with
Russia in December 2015.
Today Dragos is having no such difficulty. The Hanover, Md.-based firm,
which employs more than 80 people, said Wednesday it raised $37 million in
new venture capital. The company has raised a total of $48 million in
three rounds of funding to date.
[...]
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