Nextnine

Petah Tikva, Israel Founded: 1998 • Age: 28 yrs Acquired By Honeywell
OT cybersecurity management is delivered for ICSSCADA environments.

About Nextnine

Nextnine is a Technology company based in Petah Tikva (Israel) founded in 1998, and was acquired by Honeywell in June 2017. OT cybersecurity management is delivered for ICSSCADA environments. Nextnine has raised $25 million across 2 funding rounds from investors including Honeywell, Morgan Stanley and Infinity Group. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Cybersecurity, Industrial Security and Threat Prevention. Its competitors include Indegy, Radiflow and Waterfall Security Solutions; 2 of its 3 listed competitors have raised funding.

Company details

NextNine provides centralized operational technology (OT) security management software for the ICSSCADA based industrial and critical infrastructure. Platform provision OT security and remote product service for preventing cyber security attacks and securing provisioning of remote service to distributed sites. NextNines OT Security solution architecture includes agent viz. Security Center, located at the company HQ, and Virtual Security Engines(VSE), located on-premises in each plant. A secure tunnel runs between the Security Center and the VSEs, and all communication that previously took place directly to each local plant now is channeled through the central location. Previously known as RTview, it developed technology to support embedded systems, before entering the OT security market in 2007. Winner of the Best Security Products and Solutions for Manufacturing category, by Infosecurity Products Guide in their Global Excellence Awards, 2016.

Key Metrics
  • Total Equity Funding
    $25M (USD)

    in 2 rounds

  • Latest Funding Round
    $5M (USD), Series C

    Jan 2005

  • Investors
    Honeywell

    & 6 more

  • Acquired by
    Honeywell

    (Jun 2017)

Funding Insights of Nextnine

Nextnine has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $5 million completed in January 2005. 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 $25M
  • Total Rounds 2
  • Last Round Series C β€” $5M
  • First Round $20M

    (Jan 2001)

  • Investors Count 6

All 2 funding rounds of Nextnine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2005$5MSeries C–Ascend Technology Ventures, Infinity Group
Jan 2001$20MSeries B–Redwood Venture Partners, Ofer-Hi Tech
Valuation history

7 investors in total: 7 institutional.

Investors in Nextnine

Nextnine has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Honeywell, Morgan Stanley and Infinity Group.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
ascendvc.com
Infinity Group is recognized for cross-border innovation and investment.
1993infinity-equity.comTel Aviv, Israel
redwoodvp.com
Venture capital investments are directed toward multiple sectors.
korea.yozma.asiaGangnam, South Korea
Produces high-quality engine parts for automotive applications.
1997oferhitech.comWaimes, Belgium
Wealth management, investment advisory, and financial services are provided.
1935morganstanley.comNew York, United States
Diversified electronics and automation equipment are manufactured and supplied.
1885honeywell.comUnited States
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Investor details for Nextnine

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Timeline of Nextnine

4 dated milestones of Nextnine across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nextnine is founded.
  2. Funding First funding round of $20.0M.
  3. Funding Latest funding round, Series C, of $5.0M.
  4. Exit Acquired by Honeywell.

Competitors of Nextnine

Nextnine has 3 listed competitors in our database, 2 of them funded. They include Indegy, Radiflow and Waterfall Security Solutions.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
indegy.com2014Haifa, Israel$36M
Industrial cybersecurity platforms are developed for ICS/SCADA protection.
radiflow.com2009Tel Aviv, Israel$18M
SCADA systems are secured via cyber threat detection and prevention.
waterfall-security.com2007Rosh Haayin, Israel16
Industrial network security is delivered via unidirectional gateways.
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Detailed competitors of Nextnine

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Web traffic of Nextnine

Websites that share an audience with Nextnine (nextnine.com).

Similar websites

Websites whose visitors overlap most with Nextnine. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
kappix.com
100%
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3vium.com
100%
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correlation-systems.com
correlation-systems.com
100%
–
trustware.com
100%
View details
cubus.co.il
cubus.co.il
100%
–
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  • Audience overlap
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Frequently Asked Questions about Nextnine

Nextnine was founded in 1998 and raised its 1st funding round 3 years after it was founded.

Nextnine is headquartered in Petah Tikva, Israel. It is registered at Petah Tikva, Central District, Israel.

Nextnine is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Jan 2001.

NextNine provides centralized operational technology (OT) security management software for the ICSSCADA based industrial and critical infrastructure. Platform provision OT security and remote product service for preventing cyber security attacks and securing provisioning of remote service to distributed sites. NextNines OT Security solution architecture includes agent viz. Security Center, located at the company HQ, and Virtual Security Engines(VSE), located on-premises in each plant. A secure tunnel runs between the Security Center and the VSEs, and all communication that previously took place directly to each local plant now is channeled through the central location. Previously known as RTview, it developed technology to support embedded systems, before entering the OT security market in 2007. Winner of the Best Security Products and Solutions for Manufacturing category, by Infosecurity Products Guide in their Global Excellence Awards, 2016.

Nextnine's top competitors include Indegy, Radiflow and Waterfall Security Solutions.

Nextnine has 7 investors. Key investors include Honeywell, Morgan Stanley, Infinity Group, Ascend Technology Ventures, and Redwood Venture Partners.

Yes. Nextnine was acquired by Honeywell in June 2017.

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