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Dragos - About the company

Dragos is a series D company based in Hanover (United States), founded in 2016 by Justin Cavinee, Jon Lavender and Robert M Lee. It operates as a Provider of cybersecurity solutions and intelligence for industrial control systems. Dragos has raised $439M in funding from investors like Koch Disruptive Technologies, Canaan and BlackRock, with a current valuation of $1.7B. The company has 39 active competitors, including 13 funded and 11 that have exited. Its top competitors include companies like Nozomi Networks, Xage Security and TXOne.

Company Details

Provider of cybersecurity solutions and intelligence for industrial control systems. The company delivers a platform providing asset visibility, vulnerability management, and threat detection. Services include cyber assessments, incident response, and proactive threat hunting. The firm offers threat intelligence reports, whitepapers, and solution briefs.
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Registered Address
Hanover, Maryland
Key Metrics
Founded Year
2016
Location
Hanover, United States
Stage
Series D
Total Funding
$439M in 8 rounds
Latest Funding Round
Post Money Valuation
$1.7B as on Sep 18, 2023
Ranked
Employee Count
624 as on Apr 30, 2026
Investment & Acquisitions
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Dragos's funding and investors

Dragos has raised a total funding of $439M over 8 rounds. Its first funding round was on Aug 18, 2016. Its latest funding round was a Series D round on Sep 18, 2023 for $74M. 1 investor participated in its latest round. Dragos has 30 institutional investors.

Here is the list of recent funding rounds of Dragos:lockFilter this list
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Dragos' founders and board of directors

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The founders of Dragos are Justin Cavinee, Jon Lavender and Robert M Lee. Robert M Lee is the CEO of Dragos.
Here are the details of Dragos' key team members:

Dragos' Board of Directors

Dragos's board has 7 active members. Dmitri Alperovitch, Michael Janke, Thomas Bennett, Joydeep Bhattacharyya, Robert Ackerman, Darren Sankbeil and Robert Lee are independent board members.
Here is the list of Dragos' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 7m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
7y 6m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
6y 7m
Independent board member
-
Current
9y 7m

Dragos' employee count trend

Dragos has 624 employees as of Apr 26. Here is Dragos's employee count trend over the years:
Employee count trend for Dragos
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Dragos's Competitors and alternates

Top competitors of Dragos include Nozomi Networks, Xage Security and TXOne. Here is the list of Top 10 competitors of Dragos, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nozomi Networks
Nozomi Networks
2013, San Francisco (United States), Acquired
Cloud based network monitoring and threat detection solutions for ICS
$266M
67/100
2nd
Logo for Dragos
Dragos
2016, Hanover (United States), Series D
Provider of cybersecurity solutions and intelligence for industrial control systems
$439M
67/100
3rd
Logo for Xage Security
Xage Security
2016, Palo Alto (United States), Series B
Provider of a blockchain based security platform for IoT applications
$80M
64/100
4th
Logo for TXOne
TXOne
2018, Taipei (Taiwan), Series B
Offering zero trust network segmentation solutions
$134M
58/100
5th
Logo for Mission Secure
Mission Secure
2014, Charlottesville (United States), Acquired
Cybersecurity solutions for threat detection in ICS & SCADA systems
$22.5M
52/100
6th
Logo for AlertEnterprise
AlertEnterprise
2007, Fremont (United States), Series B
AI-powered cyber-physical security solutions unifying IT, OT, HR, and physical security
$27.1M
48/100
7th
Logo for Rhebo
Rhebo
2014, Leipzig (Germany), Acquired
Deep packet inspection based monitoring, detection & alerting of ICS/SCADA threats
-
44/100
8th
Logo for SCADAfence
SCADAfence
2014, New York City (United States), Acquired
Network Intrusion Detection System for Critical Infrastructure
$38M
43/100
9th
Logo for Changyang Technology
Changyang Technology
2017, Haidian (China), Series F
Provider of Industrial security solutions
$94.8M
43/100
10th
Logo for Cynalytica
Cynalytica
2018, Arlington (United States), Unfunded
Provider of security and threat detection solutions
-
-
41/100
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Dragos's Investments and acquisitions

Dragos has acquired 2 companies including Network Perception and NexDefense. Dragos has not made any investments as of now.

Reports related to Dragos

Here is the latest report on Dragos's sector:

News related to Dragos

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Media has covered Dragos for a total of 15 events in the last 1 year, 5 of them have been about company updates and 5 about partnerships.
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