About SCADAfence
SCADAfence is a company based in New York (United States) founded in 2014 was acquired by Honeywell in July 2023.. SCADAfence has raised $38 million across 4 funding rounds from investors including Honeywell, Mitsubishi Electric and iAngels. The company has 1 employees as of November 30, 2021. SCADAfence offers products and services including OT Cybersecurity Solutions, Distributed Control Systems, and Field Instruments. SCADAfence operates in a competitive market with competitors including Dragos, Nozomi Networks, Xage Security, Oort and Mission Secure, among others.
- Headquarter New York, United States
- Employees 1 as on 30 Nov, 2021
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Scada Ltd
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Annual Revenue
$121.02 K (USD)15as on Nov 30, 2022
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Net Profit
$13.6 K (USD)49as on Nov 30, 2022
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EBITDA
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Total Equity Funding
$38 M (USD)
in 4 rounds
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Latest Funding Round
$16 M (USD), Series B
Mar 30, 2023
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Investors
Honeywell
& 11 more
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Employee Count
1
as on Nov 30, 2021
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Acquired by
Honeywell
(Jul 10, 2023)
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Products & Services of SCADAfence
SCADAfence offers a comprehensive portfolio of products and services, including OT Cybersecurity Solutions, Distributed Control Systems, and Field Instruments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers insights on threats and vulnerabilities for industrial systems.
Manages control and supervision in industrial processes globally.
Monitors pressure and temperature in various industrial applications.
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Software Development Team
422 people
Leadership Team
152 people
Sales and Marketing
115 people
Finance and Accounting
64 people
Human Resources and Administration
60 people
Product Management Team
48 people
Senior Team
41 people
Operations Team
32 people
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Funding Insights of SCADAfence
SCADAfence has successfully raised a total of $38M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in March 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 4
- Last Round Series B — $16.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series B - SCADAfence | Valuation |
investors |
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| Mar, 2021 | Amount | Series B - SCADAfence | Valuation | JVP | |
| Nov, 2017 | Amount | Series A - SCADAfence | Valuation | iAngels , Global Brain |
| 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 SCADAfence
SCADAfence has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Honeywell, Mitsubishi Electric and iAngels. 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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Early-stage venture capital investments are made by JVP in Israel.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 SCADAfence
| 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 |
Financial Statements - SCADAfence
| 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 |
Scadafence Comparisons
Competitors of SCADAfence
SCADAfence 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 Dragos, Nozomi Networks, Xage Security, Oort and Mission Secure, 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 |
Threat detection is offered for industrial cybersecurity ecosystems.
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| 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 |
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| 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 Scadafence
Frequently Asked Questions about SCADAfence
When was SCADAfence founded?
SCADAfence was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is SCADAfence located?
SCADAfence is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of SCADAfence?
Elad Ben-Meir is the current CEO of SCADAfence.
Is SCADAfence a funded company?
SCADAfence is a funded company, having raised a total of $38M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Apr 01, 2015.
How many employees does SCADAfence have?
As of Nov 30, 2021, the latest employee count at SCADAfence is 1.
What is the annual revenue of SCADAfence?
Annual revenue of SCADAfence is $121.02K as on Nov 30, 2022.
What does SCADAfence do?
SCADAfence was founded in 2014 and is based in New York, United States. A network intrusion detection system is specialized for industrial control systems and supervisory control and data acquisition networks in sectors including power, energy, oil and gas, water, transportation, chemical, and manufacturing. Compliance support, change management, network visualization, and safeguards against human errors along with internal and external threats are included in its operations.
Who are the top competitors of SCADAfence?
SCADAfence's top competitors include Dragos, Xage Security and Nozomi Networks.
What products or services does SCADAfence offer?
SCADAfence offers OT Cybersecurity Solutions, Distributed Control Systems, and Field Instruments.
Who are SCADAfence's investors?
SCADAfence has 12 investors. Key investors include Honeywell, Mitsubishi Electric, iAngels, Rapid7, and Fujitsu.
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