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.
- Website
- www.dragos.com/
- 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
Investors
Ranked
2nd among 39 active competitors
Employee Count
624 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
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 | - | - | - |
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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:
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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 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:
- 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
- Robert M Lee: Co-Founder & CEO 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 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 |
View details of Dragos's Founder profiles and Board Members
Dragos' employee count trend
Dragos has 624 employees as of Apr 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 | Nozomi Networks 2013, San Francisco (United States), Acquired | Cloud based network monitoring and threat detection solutions for ICS | $266M | 67/100 | |
2nd | Dragos 2016, Hanover (United States), Series D | Provider of cybersecurity solutions and intelligence for industrial control systems | $439M | 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 | Deep packet inspection based monitoring, detection & alerting of ICS/SCADA threats | - | 44/100 | ||
8th | SCADAfence 2014, New York City (United States), Acquired | Network Intrusion Detection System for Critical Infrastructure | $38M | 43/100 | |
9th | Changyang Technology 2017, Haidian (China), Series F | Provider of Industrial security solutions | $94.8M | 43/100 | |
10th | Cynalytica 2018, Arlington (United States), Unfunded | Provider of security and threat detection solutions | - | - | 41/100 |
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 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
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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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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Corsha & Dragos join forces to secure machine identities in OTSecurityBrief•Oct 30, 2025•Corsha, Dragos
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Dragos launches Platform 3.0 to accelerate operational technology cyber defense.SiliconAngle•Sep 23, 2025•Dragos
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