Dragos - About the company
Dragos is an acquired company based in Hanover (United States), founded in 2016 by Robert M Lee, Justin Cavinee and Jon Lavender. 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 last known valuation of $1.7B. The company has 42 active competitors, including 12 funded and 12 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.
- Website
- www.dragos.com/
- Registered Address
- Hanover, Maryland
Key Metrics
Founded Year
2016
Location
Hanover, United States
Stage
Acquired
Total Funding
$439M in 8 rounds
Latest Funding Round
Last Known Valuation
$1.7B as on Sep 18, 2023
Investors
Ranked
1st among 42 active competitors
Employee Count
671 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Accenture (Jun 18, 2026)
Legal entities associated with Dragos
Dragos is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DRAGOS, INC. CIN: 812507383 , United States, Active | Apr 27, 2016 | - | 376 (As on Dec 31, 2024) | - |
Dragos, Inc. CIN: 10258461 , United States, Active | Jan 29, 2024 | - | - | - |
Dragos's acquisition details
Dragos got acquired by Accenture on Jun 18, 2026.
Click here to take a look at Dragos's acquisition in detail
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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 31 institutional investors.
Here is the list of recent funding rounds of Dragos:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 18, 2023 | $74M | Series D | $1.7B | - | - | |
Oct 28, 2021 | $200M | Series D | $1.7B | - | ||
Dec 08, 2020 | $110M | Series C | - | - |
View details of Dragos's funding rounds and investors
Dragos' founders and board of directors
Founder? Claim ProfileThe founders of Dragos are Robert M Lee, Justin Cavinee and Jon Lavender. Robert M Lee is the CEO of Dragos.
Here are the details of Dragos' key team members:
- Robert M Lee: Co-Founder & CEO of Dragos and founder of 2 other companies, Kernls and Dragos Security. Contact Info: 1 email address
- Justin Cavinee: Co-Founder of Dragos and founder of 1 other company.
- Jon Lavender: Co-Founder & CTO of Dragos and founder of 2 other companies, Kernls and Dragos Security. Contact Info: 1 email address
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 9m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 7y 8m | |
Independent board member | - | Current | 8y 11m | |
Independent board member | - | Current | 6y 9m | |
Independent board member | - | Current | 9y 9m |
View details of Dragos's Founder profiles and Board Members
Dragos' employee count trend
Dragos has 671 employees as of Jun 26. Here is Dragos's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Dragos 2016, Hanover (United States), Acquired | Provider of cybersecurity solutions and intelligence for industrial control systems | $439M | 70/100 | |
2nd | Nozomi Networks 2013, San Francisco (United States), Acquired | Cloud based network monitoring and threat detection solutions for ICS | $266M | 67/100 | |
3rd | Xage Security 2016, Palo Alto (United States), Series B | Provider of a blockchain based security platform for IoT applications | $80M | 64/100 | |
4th | Offering zero trust network segmentation solutions | $134M | 58/100 | ||
5th | Mission Secure 2014, Charlottesville (United States), Acquired | Cybersecurity solutions for threat detection in ICS & SCADA systems | $22.5M | 52/100 | |
6th | 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 | Provider of cyber security services | $9.85M | 46/100 | ||
8th | Deep packet inspection based monitoring, detection & alerting of ICS/SCADA threats | - | 44/100 | ||
9th | SCADAfence 2014, New York City (United States), Acquired | Network Intrusion Detection System for Critical Infrastructure | $38M | 43/100 | |
10th | Changyang Technology 2017, Haidian (China), Series F | Provider of Industrial security solutions | $94.8M | 43/100 |
Looking for more details on Dragos's competitors? Click here to see the top ones
Dragos's Investments and acquisitions
Dragos has acquired 2 companies including Phosphorus and NexDefense. Dragos has not made any investments as of now.See all acquisitions by Dragos
Reports related to Dragos
Here is the latest report on Dragos's sector:
News related to Dragos
Media has covered Dragos for a total of 20 events in the last 1 year, 6 of them have been about company updates and 5 about partnerships.
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Dragos Launches EmberAI to Address OT Security Skills Gap with AI AssistantSiliconAngle•Jun 23, 2026•Dragos
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Ransomware Attacks on Industrial Operations See Significant RiseInfosecurity Magazine•Feb 17, 2026•Dragos
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Axio and Dragos Partner to Empower OT Security with Cyber Risk Quantification InsightsBusiness Wire•Feb 10, 2026•Dragos, Axio Global
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Dragos Appoints Dawn Mitchell as Chief People Officer to Support Global GrowthCIO Influence•Jan 29, 2026•Dragos
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NCC Group Enhances Partnership with Dragos for IT and OT Breach SupportIT Europa•Nov 05, 2025•NCC Group, Dragos
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