Dragos Acquisition, Valuation, Funding & Investors

Vanta is a San Francisco-headquartered trust management platform using AI to automate compliance for SOC 2, ISO 27001, HIPAA, and GDPR frameworks. The software scans infrastructures, generates evidence maps, and facilitates continuous monitoring for over 7,000 customers including AngelList and Quora. It integrates with AWS, GitHub, and Okta for real-time risk assessments. Founded in 2018, Vanta raised $200 million in Series C funding in 2023 to expand vendor risk tools.

Clear Secure Inc is an identity company making experiences safer and easier digitally and physically. It is involved in creating a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports, helping to make the travel experience safe and easy. The Company's operations are mainly focused on growing and maintaining its secure identity network across multiple offerings in both aviation and non-aviation channels.

Arctic Wolf is a security operations platform delivering managed detection and response, managed risk, and managed cloud monitoring services. Its solutions integrate with AWS, Azure, and Google Cloud to provide 24/7 threat hunting and incident response. Headquartered in Eden Prairie, Minnesota, the company serves over 1,000 organizations across finance, healthcare, and manufacturing sectors. Launched in 2012, Arctic Wolf expanded through acquisitions like BlackBerry's Cylance and now operates globally with data centers in North America and Europe.

Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.

Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.

OneTrust is an Atlanta-headquartered platform for privacy, security, governance, risk, and compliance management founded in 2016. It automates consent handling, third-party risk assessments, AI governance, and policy enforcement across data lifecycles for over 14,000 customers including Fortune 500 firms in financial services, healthcare, and technology, holding more than 300 patents with offices worldwide.

Upwind Security is a cloud security platform using runtime analysis to detect vulnerabilities in containers, Kubernetes, and serverless workloads. San Francisco-headquartered since 2021, it prioritizes risks with contextual insights into code, infrastructure, and behavior. Upwind Security serves enterprises like Salesforce and Snowflake, integrating with CI/CD pipelines for continuous compliance scanning.

BlackBerry, once known for being the world’s largest smartphone manufacturer, is now exclusively a software provider with a stated goal of end-to-end secure communications for enterprises. The firm provides endpoint management and other secure communications software to enterprises, specializing in regulated industries like government and financial institutions. BlackBerry also has a sizable embedded software business primarily serving the automotive market, with some exposure to the industrial market.

Cato Networks is a Tel Aviv-headquartered provider of a cloud-native SASE platform combining SD-WAN, global private backbone, and security services like firewall-as-a-service, secure web gateway, zero-trust access, and XDR. It connects branches, data centers, remote users, and clouds via multiple on-ramps for enterprises worldwide.

Island is a San Francisco-headquartered cybersecurity firm developing an enterprise web browser. Launched in 2019, its platform enforces zero-trust isolation for web apps, preventing malware and data exfiltration on employee devices. Adopted by Fortune 500 companies like Block and Snowflake, it integrates with MDM tools for policy enforcement across macOS, Windows, and ChromeOS fleets.

Chainguard is a Seattle-based provider of secure container images and libraries rebuilt continuously from source in SLSA Level 3 environments. Its catalog includes minimal images for languages like Python, Java, and Rust, each with cryptographic signatures, SBOMs, and zero known vulnerabilities at release. Chainguard maintains open-source projects such as Sigstore and contributes to Wolfi Linux, serving enterprises adopting Kubernetes and cloud-native deployments.

Coalition is a San Francisco-headquartered cyber insurance provider backed by Allianz, Swiss Re Corporate Solutions, Arch Insurance North America, Lloyd’s of London, and Ascot Group. It delivers policies in the US and Canada paired with an Active Risk Platform offering automated alerts, threat intelligence, and cybersecurity tools. The distributed global workforce supports businesses mitigating digital risks through proactive defenses.

Digital China Group Co Ltd is a China-based integrated IT service provider. It is engaged in the business activity of providing services which include product marketing, capital logistics, localized technical support, large data services and cloud computing infrastructure.

Abnormal AI is a San Francisco-headquartered cybersecurity company providing an AI-native platform that analyzes human behavior to block email attacks and detect account compromises. It protects enterprises across email, cloud apps, and collaboration tools for clients including Fortune 500 firms.

ReliaQuest is a Tampa-headquartered cybersecurity company offering the GreyMatter SaaS platform for security operations. Founded in 2007, it unifies SIEM, EDR, and cloud data for threat detection and response across AWS, Azure, and Google Cloud. The platform serves enterprises with automated workflows, serving clients in finance and healthcare sectors.

Trend Micro Inc provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. The company operates through four geographic segments: Japan, North America, Europe, and Asia-Pacific.

Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.

Biprogy Inc is engaged in the service business, such as cloud and outsourcing, sales/rental of computer systems and network systems, software development/sales, and various system services. The company operates through five segments. The Hardware segment supplies equipment through sales contracts and lease agreements. The Outsourcing segment handles information system operation consignment. The Software segment provides licensed software. The Support Service segment offers software and hardware maintenance, implementation support, and related services. The System Service segment covers contract software development, SE services, and consulting, and the Others segment includes line services and equipment construction.