Radiflow Overview
Radiflow is a leading provider of cybersecurity solutions designed for critical infrastructure networks (i.e. SCADA) such as power utilities, oil and gas, water, and others. The companys security toolset validates the behavior of both M2M applications and human-to-machine (H2M) sessions in distributed operational networks. Radiflows security solutions are available both as inline gateways for remote sites and as a nonintrusive intrusion-detection system (IDS) that can be deployed per site or centrally. Its solutions are sold either integrated into a wider end-to-end solution of global automation vendors or as a stand-alone security solution by local channel partners. The company was founded in 2009 as part of the RAD group, a family of ICT vendors with over $1 billion in annual revenues. Radiflow Solutions was launched at the end of 2011 and validated by leading research labs and successfully deployed by major utilities worldwide.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Cisco partners with Radiflow for its OT security expertise
Cybersecurity company Radiflow has announced a technology partnership with Cisco to provide intrusion detection systems (IDS) in Cisco-run operational technology (OT) facilities. The partnership aims to counter growing cybersecurity threats and attacks against OT facilities. Radiflows IDS solution will integrate directly into Ciscos network access control (NAC) system, protecting connected devices in OT networks. The OT security market is expected to grow from $15.5 billion in 2022 to $32.4 billion in 2027. The partnership addresses the need for specific security tools in OT networks and aims to simplify network security and asset management in complex IT-OT networks.
Partners
growth-positive
Sabanci Acquires OT Security Vendor Radiflow - Radiflow
Israeli OT cybersecurity startup Radiflow is being acquired by Sabanci Group in a two-phase process. The initial phase involves a $45 million investment to reach a majority stake in Radiflow, with the second phase aiming to acquire 100% stake by 2025. Radiflow has experienced rapid growth due to increased demand for its OT cybersecurity solutions, doubling its sales in 2021. The companys CIARA Risk Management platform, which provides data-driven digital risk assessment for OT facilities, has been instrumental in its success. The acquisition will allow Radiflow to enhance its portfolio and strengthen its position in critical industries. Sabanci Group plans to create a digital business pillar focused on Advanced Analytics, IoT, and Cybersecurity.
Acquisition
growth-positive
אקזיט בשני שלבים: חברה טורקית תרכוש את רדיפלואו ב-105-85 מיליון דולר
Turkish company Sabanci Group has announced its acquisition of a controlling stake in cybersecurity startup Radiflow. The transaction will be completed in two stages, with Sabanci Group initially investing $45 million in cash, some of which will go into Radiflows treasury and the rest used to purchase existing shareholders stocks. In the second stage, the Turkish company plans to acquire the remaining shares of Radiflow by 2025. The announcement confirms previous reports of the deal, which were published about two weeks ago.
Acquisition
growth-positive
Radiflow and Fraunhofer Institute Launch Joint Research on Applying Artificial Intelligence to Industrial Cybersecurity
Radiflow and the Fraunhofer Institute of Optronics, System Technologies and Image Exploitation (Fraunhofer IOSB) have launched a joint research project to apply advanced machine learning and artificial intelligence to cybersecurity for industrial automation networks. The research will focus on developing methods and techniques for autonomous detection of non-compliant and anomalous behaviors on industrial automation networks. The outcome will be the development of a prototype for an Autonomous Industrial Cybersecurity Assistance System (AICAS) that can detect new and unknown cyberthreats. The research project is funded by the Innovation Authority in Israel and the Federal Ministry of Education and Research in Germany. Radiflow intends to incorporate the new capabilities into its iSID industrial threat detection system.
PartnersInvestment
growth-positive
Radiflow and Asset Guardian Introduce Joint Solution to Enrich Industrial Asset Monitoring and Risk Assessment
Radiflow and Asset Guardian have launched a joint solution to expand industrial asset monitoring, change management, and risk assessment capabilities for industrial enterprises. Radiflows iSID industrial threat detection system and Asset Guardians change management solution are integrated to provide real-time visibility of networked industrial assets and manage software and hardware configurations. The joint solution enhances OT asset monitoring and risk assessment for industrial enterprise customers. Radiflow will be demonstrating the joint solution at the Industrial Control Systems Cyber Security Conference.
Partners
| Sector | Cyber Security |
Funding
| Total funding | $28M |
| Last funding | $18M |
| Stage | Acquired |
| Rounds | 3 |
| Investors | 2 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.radiflow.com |
Locations
HaBarzel St 38, Tel Aviv, Israel
900 Corporate Dr Mahwah, NJ 07430 USA
Photos & Videos
2 item(s)
