Funding round
Claroty Growth
Reported as "Growth Equity"
Claroty, which works in AI-Driven cybersecurity solutions development in New York, raised $32M in a Growth round announced on 13 Sep 2016, led by Bessemer Venture Partners. 6 firms took part. It is Claroty's first venture round on record.
$32M
Amount raised
Not disclosed
Post-money valuation
6
Investors
1 lead
Valuation
What this round says about the price
Claroty did not disclose a valuation in this round. It is Claroty's first venture round on record, 1 year after it was founded in 2015. It is 3.7% of the $867M Claroty has raised in the venture rounds on record. Claroty raised again 28 months later: a Series A round of $15M in Jan 2019. Its next priced round, a Growth in Mar 2024, valued it at $2.50B.
Claroty's funding rounds
Claroty has 7 venture rounds on record. This one is highlighted.
- Growth this round 13 Sep 2016, led by Bessemer Venture Partners $32M
- Series A 29 Jan 2019, led by US Venture Partners $15M
- Series B 15 Sep 2020, led by Partech $30M
- Series D 17 Jun 2021, led by Bessemer Venture Partners and 40 North $140M
- Series E 8 Dec 2021, led by SoftBank Vision Fund, Bessemer Venture Partners and Standard Investments $400M
- Growth 6 Mar 2024, led by Delta-v $100M$2.50B post-money
- Series F 22 Jan 2026, led by Golub Growth $150M$3.00B post-money
Investors
Who put money in
Bessemer Venture Partners led the round with 5 other firms.
Lead investor
- Bessemer Venture Partners backs 412 venture-backed companies new investor
Also in the round
- Innovation Endeavors backs 110 venture-backed companies new investor
- backs 11 venture-backed companies new investor
- backs 5 venture-backed companies new investor
- backs 23 venture-backed companies new investor
- backs 48 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
91 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $44M, and this round was 73% of the median. The closest in time, other companies' Growth rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Druva Tech Companies | 28 Sep 2016 | $51M | not disclosed | Sequoia India |
| Tech Companies | 14 Sep 2016 | $20M | not disclosed | Israel Growth Partners |
| Blue Yonder Tech Companies | 1 Oct 2016 | $575M | not disclosed | not named |
| Tech Companies | 24 Aug 2016 | $43M | not disclosed | Sterling Partners |
| Tech Companies | 18 Oct 2016 | $40M | not disclosed | L Squared |
| Tech Companies | 31 Oct 2016 | $33M | not disclosed | K2 Global and MNC Media Group |
| Tech Companies | 19 Oct 2016 | $30M | not disclosed | Sageview Capital |
| Tech Companies | 31 Oct 2016 | $20M | not disclosed | FTV Management Company |
Sources
Where this comes from
Reported by 5 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Claroty raise in its Growth round?
Claroty raised $32M in its Growth round, announced in Sep 2016.
Who led Claroty's Growth round?
Bessemer Venture Partners led it, with Innovation Endeavors, Marker, ICV Partners, Red Dot Capital Partners and Mitsui Global Investment.
What was Claroty's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Tech Companies?
91 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $44M, and this round was 73% of the median.
Did Claroty raise again after this round?
Yes: a Series A round in Jan 2019 of $15M.