Nozomi Networks, Industrial security startup has raised $100 million

A San Fransico-based industrial cybersecurity startup named Nozomi Networks has proudly raised $100 million from its customers and technology partners to assist in developing a new range of products and expand the current sales.

Nozomi Networks, Industrial security startup has raised $100 million

The Cybersecurity sector has recorded a jump in investment during the recent past.

Nozomi Networks is designed specifically for protection and security regarding critical infrastructures such as oil, gas, and water. The software installed also tracks the various machines and devices that are linked to the internet to monitor the whole ecosystem. 

The number of attacks has doubled in the past few years based on what the company is looking ahead in the industrial cyber security field. The value of the company in the latest round of funding is not been disclosed yet. However, Honeywell Ventures, an investment arm of Honeywell Interatioal Inc, along with In-Q-Tel, the venture capital fund backed by the CIA showed active participation in the overall investment.