Nextnine - About the company
Nextnine is an acqui-hired company based in Petah Tikva (Israel), founded in 1998. It operates as an OT Cybersecurity management solution for ICS/SCADA environments. Nextnine has raised $25M in funding from investors like Morgan Stanley, Infinity Group and Ascend Technology Ventures. The company has 33 active competitors, including 6 funded and 9 that have exited. Its top competitors include companies like OPSWAT, Claroty and Angoka.
Company Details
NextNine provides centralized operational technology (OT) security management software for the ICS/SCADA based industrial and critical infrastructure. Platform provision OT security and remote product service for preventing cyber security attacks and securing provisioning of remote service to distributed sites. NextNine’s OT Security solution architecture includes agent viz. Security Center, located at the company HQ, and Virtual Security Engines(VSE), located on-premises in each plant. A secure tunnel runs between the Security Center and the VSEs, and all communication that previously took place directly to each local plant now is channeled through the central location. Previously known as RTview, it developed technology to support embedded systems, before entering the OT security market in 2007. Winner of the Best Security Products and Solutions for Manufacturing category, by Infosecurity Products Guide in their Global Excellence Awards, 2016.
- Website
- nextnine.com
Key Metrics
Founded Year
1998
Location
Petah Tikva, Israel
Stage
Acqui-Hired
Total Funding
$25M in 2 rounds
Latest Funding Round
Investors
Ranked
13th among 33 active competitors
Employee Count
16 as on Jul 01, 2024
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Nextnine's funding and investors
Nextnine has raised a total funding of $25M over 2 rounds. Its first funding round was on Jan 22, 2001. Its latest funding round was a Series C round on Jan 24, 2005 for $*****. 4 investors participated in its latest round. Nextnine has 9 institutional investors.
Here is the list of recent funding rounds of Nextnine:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 24, 2005 | 7969440 | Series C | 8015679 | 6935149 | 4731693 | 6146604 |
Jan 22, 2001 | 9651278 | Series B | 1131874 | 2438058 |
View details of Nextnine's funding rounds and investors
Nextnine's founders and board of directors
Founder? Claim ProfileNextnine's employee count trend
Nextnine has 16 employees as of Jul 24. Here is Nextnine's employee count trend over the years:
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Nextnine's Competitors and alternates
Top competitors of Nextnine include OPSWAT, Claroty and Angoka. Here is the list of Top 10 competitors of Nextnine, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OPSWAT 2002, Tampa (United States), Series D | Provider of cybersecurity solutions for protecting critical IT and OT environments | $125M | 66/100 | |
2nd | Claroty 2015, New York (United States), Series F | Provider of cyber-physical system security solutions for industrial and commercial sectors | $882M | 64/100 | |
3rd | Angoka 2019, Belfast (United Kingdom), Seed | Provider of cyber security solutions for machine-to-machine communications and infrastructure | $2.74M | 61/100 | |
4th | Cyber threat detection and prevention for SCADA systems | $18M | 54/100 | ||
5th | Provider of cyber-physical system security solutions for critical infrastructure protection | $1.12M | 52/100 | ||
6th | Industrial firewall based ICS security solution | $36M | 49/100 | ||
7th | Bayshore Networks 2002, New York City (United States), Acquired | Cybersecurity solutions for critical infrastructure protection, now part of OPSWAT | $12M | 48/100 | |
8th | Industrial VPN, gateway, and firewall based threat prevention & remote access solution | $132K | 45/100 | ||
9th | Skkynet Cloud Systems 2011, Mississauga (Canada), Public | Provider of industrial data connectivity solutions | - | - | 44/100 |
10th | FoxGuard Solutions 2009, Christiansburg (United States), Acquired | Cyber security and custom compute solutions for critical infrastructure | - | - | 43/100 |
13th | OT Cybersecurity management solution for ICS/SCADA environments | $25M | 35/100 |
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Nextnine's Investments and acquisitions
Nextnine has made no investments or acquisitions yet.
Reports related to Nextnine
Here is the latest report on Nextnine's sector:
News related to Nextnine
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Honeywell to acquire industrial cyber security company NextnineVarindia•Jun 13, 2017•Honeywell, Nextnine
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Honeywell to Acquire Industrial Cyber Security Software Leader NextninePR Newswire•Jun 12, 2017•Honeywell, Nextnine
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Private Equity Week Wire for Monday 11/22 - PE HubPE Hub•Jan 22, 2001•Nextnine, Yozma, Redwood Venture Partners, Ofer-Hi Tech and 1 other
•
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