What is Dragos?
Headquartered in the Baltimore-Washington, DC area, Dragos provides an integrated software platform designed to deliver critical visibility into Industrial Control Systems (ICS) and Operational Technology (OT) networks. By codifying the deep expertise of its founders—who possess extensive government and private sector backgrounds—the firm enables organizations to identify and mitigate threats before they escalate into significant operational disruptions. As industries increasingly adopt the Industrial Internet of Things (IIOT), Dragos serves as a vital partner in ensuring the resilience and integrity of the infrastructure that powers modern civilization.
How much funding has Dragos raised?
Dragos has raised a total of $357.3M across 5 funding rounds:
Angel/Seed
$1.2M
Series A
$9.1M
Series B
$37M
Series C
$110M
Series D
$200M
Angel/Seed (2016): $1.2M with participation from DataTribe
Series A (2017): $9.1M led by Allegis Capital and Energy Impact Partners
Series B (2018): $37M supported by Schweitzer Engineering Laboratories, Canaan Partners, Emerson, and National Grid Partners
Series C (2020): $110M featuring Energy Impact Partners, Saudi Aramco Energy Ventures, Hewlett Packard Enterprise, AllegisCyber Capital, Koch, Schweitzer Engineering Labs, National Grid Partners, Canaan, and DataTribe
Series D (2021): $200M backed by Rockwell and Koch Disruptive Technologies
Key Investors in Dragos
Energy Impact Partners
An investment firm dedicated to transforming the energy industry towards a decarbonized and digitized future by connecting visionary companies with significant utility buying power.
Canaan Partners
An early-stage venture capital firm that invests in technology and healthcare companies, supporting founders from seed through growth stages across enterprise software and digital health.
Allegis Capital
A venture capital firm specializing in early-stage investments in the cybersecurity sector, leveraging unmatched domain expertise to support innovative pioneers.
What's next for Dragos?
With the support of its latest capital injection, Dragos is well-positioned to accelerate its global expansion and deepen its technological capabilities. The company's trajectory, marked by consistent backing from both venture capital firms and strategic industrial partners, suggests a focus on scaling its software platform to meet the complex demands of global utilities and manufacturing enterprises. Future growth will likely center on enhancing threat intelligence, expanding regional presence in markets such as Australia and Europe, and further integrating its solutions into the evolving digital transformation strategies of asset-intensive industries.
See full Dragos company page
