Israel cyber firm Claroty eyes 2025 US IPO at $3.5 billion value, report says

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Israel cyber firm Claroty eyes 2025 US IPO at $3.5 billion value, report says
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First-ever speedcubing competition in P.E.I. draws large crowd | SaltWire #rubikscube #charlottetownJERUSALEM - Israeli cyber security startup Claroty is preparing a possible U.S. initial public offering in 2025 at a valuation of $3.5 billion, the Calcalist financial daily reported on Tuesday.

Claroty was co-founded in 2014 by venture group Team 8 and Amir Zilberstein. It focuses on protecting critical infrastructure systems such as power grids, steel mills and oil refineries. In early stage Series A and B funding rounds, Rockwell Automation, Schneider Electric and Siemens, among others, invested in Claroty.

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