SCADAfence is a technology company.
SCADAfence has raised $22.0M across 2 funding rounds.
SCADAfence has raised $22.0M in total across 2 funding rounds.
SCADAfence is a cybersecurity company specializing in operational technology (OT) and Internet of Things (IoT) security solutions for industrial environments. It develops the SCADAfence Platform, a non-intrusive tool that provides visibility, automated asset discovery, inventory management, threat detection, and risk management for ICS/SCADA networks using machine learning and AI to achieve high detection rates with low false positives.[1][2] The platform serves organizations in manufacturing, building management, critical infrastructure, food production, and other sectors facing OT digitalization challenges, solving problems like cyber threats to availability, safety, and reliability amid IT/OT convergence, while enabling compliance with standards such as IEC 62443, NERC CIP, and NIST.[1][2][3] Additional services include onsite workshops, OT network assessments, incident response, IT/OT alignment, and managed monitoring.[3] Recognized as a Gartner “Cool Vendor” in 2020, SCADAfence protected complex networks like Europe's largest manufacturing facility before its acquisition by Honeywell in 2023, which integrated it into the Honeywell Forge Cybersecurity+ suite to expand OT security offerings.[1][2][4]
SCADAfence was founded in 2014, with headquarters originally in Tel Aviv, Israel, and a U.S. presence in New York, NY.[3][4] The company emerged to address the growing cybersecurity needs of OT networks as industrial digitalization increased attack surfaces and exposed shortages in in-house OT security expertise.[1][3] Early traction came from its platform's ability to deliver proactive security for large-scale, complex OT environments, earning the Gartner “Cool Vendor” recognition in 2020 and deployments in high-profile sites like Europe's largest manufacturing facility.[1][2] A pivotal moment arrived in July 2023 when Honeywell announced its acquisition of SCADAfence to bolster its OT cybersecurity portfolio, integrating the technology into Honeywell Connected Enterprise and expanding the Cybersecurity Center of Excellence in Tel Aviv.[4] This move built on Honeywell's two decades of OT cybersecurity experience across 130+ countries.[4]
SCADAfence rides the surge in OT cybersecurity driven by IT/OT convergence, industrial IoT adoption, and rising threats like ransomware (e.g., LockBit targeting OT) and vulnerabilities in PLCs/HVAC systems.[2][6] Its timing aligns with digitalization pressures in critical sectors, where legacy OT systems lack visibility and face skilled attacker sophistication, amplifying risks to production, safety, and supply chains like food production.[1][2][6] Market forces favoring it include regulatory demands for compliance, remote work increasing OT exposure, and the need for managed services amid expertise shortages.[3] By enabling secure IIoT benefits, SCADAfence influences the ecosystem through integrations (e.g., with Check Point), research on emerging threats, and Honeywell's global scale, helping standardize proactive OT defense and accelerating enterprise adoption of cybersecurity SaaS.[2][4][6]
SCADAfence's Honeywell integration positions it for scaled deployment across industrial and building management, with cloud expansions for continuous updates, OT health monitoring, and tailored threat intelligence likely driving next-phase growth.[4][6] Trends like escalating OT ransomware, PLC vulnerabilities, and patch management challenges will shape its trajectory, favoring its AI-driven, low-false-positive approach amid demands for end-to-end enterprise solutions.[6] Its influence may evolve from standalone innovator to core pillar in Honeywell's OT cybersecurity dominance, empowering CISOs with unified visibility and response in a hyper-connected industrial world—reinforcing its role as a leader in safeguarding critical infrastructure from invisible threats.[1][4][6]
SCADAfence has raised $22.0M in total across 2 funding rounds.
SCADAfence's investors include Hamilton Lane, Erel Margalit, Yoav Tzruya, Jerusalem Venture Partners (JVP), Thylacine Capital.
SCADAfence has raised $22.0M across 2 funding rounds. Most recently, it raised $12.0M Series B in March 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2021 | $12.0M Series B | Hamilton Lane, Erel Margalit, Yoav Tzruya, Jerusalem Venture Partners (JVP), Thylacine Capital | |
| Nov 1, 2017 | $10.0M Series A | Hamilton Lane, Erel Margalit, Yoav Tzruya, Jerusalem Venture Partners (JVP), Thylacine Capital |