About Dragos
Dragos is a company based in Hanover (United States) founded in 2016 by Justin Cavinee, Jon Lavender, and Robert M Lee.. Dragos has raised $439.4 million across 8 funding rounds from investors including Emerson, Rockwell Automation and National Grid. The company has 355 employees as of December 31, 2022. Dragos has completed 2 acquisitions, including Network Perception and NexDefense. Dragos operates in a competitive market with competitors including Nozomi Networks, Xage Security, Oort, Mission Secure and CyberX, among others.
- Headquarter Hanover, United States
- Employees 355 as on 31 Dec, 2022
- Founders Justin Cavinee, Jon Lavender, Robert M Lee
- Stage Unicorn
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Sectors
Technology
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$439.4 M (USD)
in 8 rounds
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Latest Funding Round
$74 M (USD), Series D
Sep 18, 2023
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Investors
Emerson
& 15 more
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Employee Count
355
as on Dec 31, 2022
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Investments & Acquisitions
Network Perception
& 1 more
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Funding Insights of Dragos
Dragos has successfully raised a total of $439.4M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $74 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series D — $74.0M
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First Round
First Round
(18 Aug 2016)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series D - Dragos | Valuation | WestCap |
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| Oct, 2021 | Amount | Series D - Dragos | Valuation | Koch Disruptive Technologies , BlackRock | |
| Dec, 2020 | Amount | Series C - Dragos | Valuation | National Grid Partners , Koch Disruptive Technologies |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dragos
Dragos has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Emerson, Rockwell Automation and National Grid. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward multiple sectors by WestCap.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by the venture capital firm.
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Founded Year | Domain | Location | |
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Cybersecurity investments are made in US seed-to-growth stage firms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dragos
Dragos has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Network Perception and NexDefense. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Network path analysis is performed for firewall security audits.
|
2013 | ||||
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Cybersecurity software for industrial control systems is developed and supported.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Dragos
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dragos Comparisons
Competitors of Dragos
Dragos operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nozomi Networks, Xage Security, Oort, Mission Secure and CyberX, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud based network monitoring and threat detection solutions for ICS
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| domain | founded_year | HQ Location |
Blockchain-based security platform for IoT applications is provided.
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| domain | founded_year | HQ Location |
Identity security solutions and intelligence are provided by Oort.
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| domain | founded_year | HQ Location |
Cybersecurity solutions for ICS and SCADA threat detection are provided.
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| domain | founded_year | HQ Location |
Network and cybersecurity services are provided by CyberX.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dragos
Frequently Asked Questions about Dragos
When was Dragos founded?
Dragos was founded in 2016.
Where is Dragos located?
Dragos is headquartered in Hanover, United States. It is registered at Hanover, New Hampshire, United States.
Who is the current CEO of Dragos?
Robert M Lee is the current CEO of Dragos. They have also founded this company.
Is Dragos a funded company?
Dragos is a funded company, having raised a total of $439.4M across 8 funding rounds to date. The company's 1st funding round was a Series C of $110M, raised on Aug 18, 2016.
How many employees does Dragos have?
As of Dec 31, 2022, the latest employee count at Dragos is 355.
What does Dragos do?
Dragos was founded in 2016 and is headquartered in Hanover, United States. Operations focus on the industrial cybersecurity sector, where ICS assets are discovered, network mapping is conducted, and threats are detected through behavioral analysis. Additional services include threat operations, prioritization, global intelligence sharing, and incident response support for industrial environments.
Who are the top competitors of Dragos?
Dragos's top competitors include Xage Security, Nozomi Networks and DeNexus.
How many acquisitions has Dragos made?
Dragos has made 2 acquisitions, including Network Perception, and NexDefense.
Who are Dragos's investors?
Dragos has 16 investors. Key investors include Emerson, Rockwell Automation, National Grid, BlackRock, and Canaan.
What is Dragos's valuation?
The valuation of Dragos is $1.7B as of Oct 2021.
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