Rockwell Automation was the co-leader of a $400 million funding round for cybersecurity software firm Claroty, which serves the industrial, health care and enterprise markets.
The other co-lead investors of the round were SoftBank Vision Fund 2, Bessemer Venture Partners, Schneider Electric and Standard Investments.
The latest investment by Milwaukee-based Rockwell (NYSE: ROK) builds upon the company’s existing relationship with Claroty, as Rockwell has installed Claroty software at 300 Rockwell customer sites, said Rockwell spokeswoman Marci Pelzer. Rockwell uses Claroty for customers in several industries: life science, food and beverage, consumer packaged goods, electric vehicles and oil and gas, she said.
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