Funding round
Claroty Series B
Claroty, which works in AI-Driven cybersecurity solutions development in New York, raised $30M in a Series B round announced on 15 Sep 2020, led by Partech. 5 firms took part. It is Claroty's third venture round on record; the one before was a Series A in Jan 2019.
$30M
Amount raised
Not disclosed
Post-money valuation
5
Investors
1 lead
Valuation
What this round says about the price
Claroty did not disclose a valuation in this round. It came 20 months after Claroty's Series A. It is 3.5% of the $867M Claroty has raised in the venture rounds on record. Claroty raised again 9 months later: a Series D round of $140M in Jun 2021. 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 13 Sep 2016, led by Bessemer Venture Partners $32M
- Series A 29 Jan 2019, led by US Venture Partners $15M
- Series B this round 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
Partech led the round with 4 other firms.
Lead investor
- backs 182 venture-backed companies new investor
Also in the round
- backs 20 venture-backed companies new investor
- backs 18 venture-backed companies new investor
- backs 61 venture-backed companies new investor
- backs 64 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
714 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $27M, and this round was close to the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 30 Sep 2020 | $160M | not disclosed | Bridgepoint |
| Tech Companies | 15 Sep 2020 | $54M | not disclosed | Menlo Ventures |
| Tech Companies | 16 Sep 2020 | $40M | not disclosed | Canapi Ventures |
| Tech Companies | 29 Sep 2020 | $40M | not disclosed | Scale Venture Partners |
| Tech Companies | 1 Sep 2020 | $35M | $105M | not named |
| Tech Companies | 16 Sep 2020 | $30M | not disclosed | Blackhorn Ventures |
| Tech Companies | 30 Sep 2020 | $30M | not disclosed | Yttrium |
| Tech Companies | 8 Sep 2020 | $26M | not disclosed | not named |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Claroty raise in its Series B round?
Claroty raised $30M in its Series B round, announced in Sep 2020.
Who led Claroty's Series B round?
Partech led it, with Maor Investments, YL Ventures, US Venture Partners and Blumberg Capital.
What was Claroty's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
714 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $27M, and this round was close to the median.
Did Claroty raise again after this round?
Yes: a Series D round in Jun 2021 of $140M.