ICS cybersecurity company Indegy raises $18 million
Indegy, a industrial-controls cybersecurity company, announced Tuesday that it raised $18 million in Series B investment funding. The company, based in New York with offices in Tel Aviv, Israel, provides threat detection and mitigation services for customers that operate industrial control systems (ICS). Indegy boasts that its Cyber Security Suite has more than 200 deployments worldwide, protecting customers in the manufacturing, pharmaceutical, energy, water and other industrial sectors. CEO Barak Perelman says that heightened concerns about cyberthreats to critical infrastructure have been a driver for business. “Recent reports by the [Department of Homeland Security]and FBI regarding attacks against critical infrastructures have created a greater sense of urgency among industrial organizations to shore up their defenses, and produced a major spike in new business for Indegy,” Perelman said in a press release. “This capital infusion provides the financial resources required to scale up the company and capitalize on this market opportunity.” A […]
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