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Claroty generates revenue primarily through subscription-based cybersecurity solutions targeted at critical infrastructure sectors. The company employs a product-led growth strategy that focuses on enterprise deals, strategic partnerships, and upselling additional security services.
Claroty has raised a total of $640 million through multiple funding rounds, with the latest round being a Series E funding of $400 million complemented by a $100 million strategic growth financing round. These investments are directed toward vertical expansion, product innovation, and strategic partnerships in the cybersecurity domain.
Claroty offers a cybersecurity platform designed to secure operational technology and critical infrastructure. Its solution integrates advanced threat detection, compliance, and real-time monitoring to meet the rigorous demands of enterprise environments.
Claroty faces stiff competition from industry leaders such as Nozomi Networks and Darktrace, as well as established cybersecurity firms like Cisco Cyber Vision, Palo Alto Networks, and Armis. This competitive landscape drives constant innovation to meet the evolving needs of operational technology security.
Claroty is actively expanding its workforce with a strong focus on sales, cybersecurity, and engineering roles to support its growth initiatives. A significant number of open positions in both GTM and EPD functions underline its commitment to market expansion and innovation.
Claroty's recent earnings calls emphasized its strategic focus on enhancing cybersecurity across critical sectors such as healthcare and industrial. Discussions highlighted strong market performance, industry recognition, and challenges associated with prioritizing operational technology risks.
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