With the coronavirus (covid-19) pandemic forcing billions of people to stay home and companies and organizations all over the world to shift to remote work practices, the threat of malicious players getting their hands on vital data or causing damage to key systems has grown immensly. Enter the Israeli cybersecurity sector with cutting edge technological solutions to keep us all safe, wherever we are. Calcalist, together with a committee of entrepreneurs, investors, and consultants, highlighted the companies best positioned to succeed going forward. Check out our full list of Israel’s 50 most promising startups.
Product: cybersecurity for industrial networks
Year founded: 2015
Founders: Amir Zilberstein, Benny Porat, Galina Antova
Number of employees: 170
Funding: $100 million
Investors: Team8, Temasek Holdings, Bessemer Venture Partners, Rockwell Automation, Schneider Electric, Siemens’ Venture Arm Next47, Israel Cleantech Ventures (ICV), Tekfan Ventures, Envision Ventures, Innovation Endeavors
New York-headquartered OTClaroty Ltd. develops a cybersecurity system for industrial networks. Claroty has more than 100 clients in diverse fields including food and beverage, oil and gas, and electricity infrastructure, according to company statements.
During the coronavirus crisis, Claroty has been advocating and instilling in governments and large companies appreciation for the importance of cybersecurity for industrial organizations that simply cannot allow for any disruption of business.
Written by Meir Orbach and Hagar Ravet