Funding round
Claroty Series E
Claroty, which works in AI-Driven cybersecurity solutions development in New York, raised $400M in a Series E round announced on 8 Dec 2021, led by SoftBank Vision Fund, Bessemer Venture Partners and Standard Investments. 7 firms took part, 5 of them already investors. It is Claroty's fifth venture round on record; the one before was a Series D in Jun 2021.
$400M
Amount raised
Not disclosed
Post-money valuation
7
Investors
3 leads
Valuation
What this round says about the price
Claroty did not disclose a valuation in this round. It came 6 months after Claroty's Series D. It is 46% of the $867M Claroty has raised in the venture rounds on record. Claroty raised again 27 months later: a Growth round of $100M in Mar 2024, at $2.50B post-money.
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 15 Sep 2020, led by Partech $30M
- Series D 17 Jun 2021, led by Bessemer Venture Partners and 40 North $140M
- Series E this round 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
SoftBank Vision Fund, Bessemer Venture Partners and Standard Investments led the round with 4 other firms. Bessemer Venture Partners, SE Ventures, Rockwell Automation and ISTARI and 1 more had backed Claroty before.
Lead investors
- SoftBank Vision Fund backs 234 venture-backed companies new investor
- Bessemer Venture Partners backs 412 venture-backed companies existing investor
- Standard Investments new investor
Also in the round
- backs 44 venture-backed companies existing investor
- Rockwell Automation existing investor
- ISTARI existing investor
- backs 46 venture-backed companies existing investor
Joined the board: Yossi Cohen (SoftBank Investment Advisers).
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
108 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $150M, and this round was 2.7 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Job&Talent Tech Companies | 1 Dec 2021 | $500M | $2.35B | Kinnevik |
| Rokt Tech Companies | 16 Dec 2021 | $325M | $1.95B | Tiger Global |
| Tech Companies | 15 Dec 2021 | $186M | $1.50B | Wellington Management |
| Innovaccer Tech Companies | 15 Dec 2021 | $150M | $3.20B | Mubadala Capital |
| Tech Companies | 22 Dec 2021 | $100M | not disclosed | Global Founders Capital and Tiger Global |
| Tech Companies | 24 Dec 2021 | $26M | not disclosed | not named |
| Socure Tech Companies | 9 Nov 2021 | $450M | $4.50B | Accel and T. Rowe Price |
| PayFit Tech Companies | 6 Jan 2022 | $287M | $2.10B | General Atlantic |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Claroty raise in its Series E round?
Claroty raised $400M in its Series E round, announced in Dec 2021.
Who led Claroty's Series E round?
SoftBank Vision Fund, Bessemer Venture Partners and Standard Investments led it, with SE Ventures, Rockwell Automation, ISTARI and Team8.
What was Claroty's valuation at the Series E round?
It was not disclosed.
How does it compare with other Series E rounds in Tech Companies?
108 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $150M, and this round was 2.7 times the median.
Did Claroty raise again after this round?
Yes: a Growth round in Mar 2024 of $100M at $2.50B post-money.