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Dragos

Network Security

Industrial control system and OT cybersecurity platform with threat intelligence, detection and incident response services.

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78/100Meaningful Innovator

Overview

Dragos, founded in 2016 by Robert M. Lee, Jon Lavender and Justin Cavinee, secures industrial and operational technology environments. Its platform combines asset visibility, threat detection and OT-specific threat intelligence.

The company also provides incident response, threat hunting and assessment services, and has raised over $400M in total.

Innovation Matrix Assessment

Innovation Velocity 7/10

Consistent publication of OT threat group research.

Operational Value 8/10

Gives industrial operators OT-aware detection and playbooks.

Market Momentum 8/10

Series C $110M, Series D $200M at $1.7B valuation, 2023 extension $74M; backers include National Grid Partners.

Category Disruption 7/10

OT-native focus separates it from IT-first vendors.

Real-World Efficacy 8/10

Public OT threat research and incident response record support efficacy.

Enduring Relevance 9/10

Critical infrastructure risk grows.

Why CISOs Should Care

OT environments need detection and response tuned to industrial protocols and threat groups.

What Makes It Different

Pairs a platform with in-house OT threat intelligence and responders.

The Matrix Verdict

78/100 — MEANINGFUL INNOVATOR

Dragos is a Meaningful Innovator: strong evidence, deep domain focus, and durable relevance.

Editorial Note: Claims vs. Verified Findings

Headcount estimates vary widely. A reported 2026 Accenture stake appeared in a single source and is not relied on.

Sources

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