Dragos - About the company
Dragos is an acquired company based in Hanover (United States), founded in 2016 by Robert M Lee, Jon Lavender, Justin Cavinee and Robert 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 last known valuation of $1.7B. The company has 53 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/
- Social
- 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 53 active competitors
Employee Count
885 as on Oct 31, 2026
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 | Reports |
|---|---|---|---|---|
Dragos, Inc. CIN: 10258461 , United States, Active | Jan 29, 2024 | - | - | - |
DRAGOS, INC. CIN: 812507383 , United States, Active | Apr 27, 2016 | - | 376 (As on Dec 31, 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:
Filter this list
Filter this listDate 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 | - | - |
Access funding benchmarks and valuations. Sign up today!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, Jon Lavender, Justin Cavinee and Robert Lee. 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
- Jon Lavender: Co-Founder & CTO 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.
- Robert Lee: Chief Executive Officer and Founder of Dragos.
Dragos' Board of Directors
Dragos's board has 7 active members. Dmitri Alperovitch, Thomas Bennett, Michael Janke, Robert Ackerman, Darren Sankbeil, Robert Lee and Joydeep Bhattacharyya are independent board members.Here is the list of Dragos' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 11m | |
Independent board member | - | Current | 9y 1m | |
Independent board member | - | Current | 9y 1m | |
Independent board member | - | Current | 9y 1m | |
Independent board member | - | Current | 6y 11m | |
Independent board member | - | Current | 9y 11m | |
Independent board member | - | Current | 7y 10m |
View details of Dragos's Founder profiles and Board Members
Dragos' employee count trend
Dragos has 885 employees as of Oct 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 | 72/100 | |
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 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Dragos's competitors? Click here to see the top ones
Dragos's Investments and acquisitions
Dragos has not made any investments yet. Dragos has made 7 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 21, 2026 | Acquisition | 2018 | Austin (United States) | |
Sep 21, 2026 | Acquisition | 2020 | Austin (United States) | |
Jun 18, 2026 | Acquisition | 2018 | Austin (United States) |
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Reports related to Dragos
Here is the latest report on Dragos's sector:
News related to Dragos
Filter this listMedia has covered Dragos for a total of 18 events in the last 1 year, 5 of them have been about company updates and 4 about partnerships.
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Dragos acquires NetRise and runZero to enhance xOT securityChannelLife•Sep 22, 2026•Dragos, runZero, NetRise, Accenture
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Dragos Launches EmberAI to Address OT Security Skills Gap with AI AssistantSiliconAngle•Jun 23, 2026•Dragos
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Accenture Acquires Majority Stake in Dragos and Full Ownership of runZero and NetRise to Bolster Cybersecurity for Critical InfrasBusiness Wire•Jun 18, 2026•Accenture, Dragos, runZero, NetRise
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According to Dragos, Volt Typhoon continues to infiltrate critical American infrastructureInCyber•Feb 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 Expands Collaboration with Microsoft to Deliver OT-Native Cybersecurity at Global Industrial ScaleBusiness Wire•Feb 03, 2026•Microsoft, Dragos
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