SIGA Overview
SIGA develops and markets cybersecurity solutions for industrial control systems and supervisory control and data acquisition systems used in critical infrastructure and industrial processes. Its proprietary, device-based solution provides early warning in the event of an anomaly, whether caused by cyberattack or system malfunction. SIGAs product, which is based on machine learning algorithms and electrical engineering, uses hardware that is connected to the SCADA system after the PLC and before the real-world device it controls. The proprietary software is installed on a server at the customers location, in complete isolation from externally connected networks. SIGA was named a cool vendor in Cool Vendors in Industrial IoT and OT Security, 2018 by the Gartner Research Group.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
/PRNewswire/ -- SIGA, a leading OT cybersecurity solution provider, announces the launch of SigaML2, a Multi-Layer Machine Learning Process-Oriented OT...
SIGA, a leading OT cybersecurity solution provider, has launched SigaML2, a new Multi-Layer Machine Learning Process-Oriented OT Cybersecurity suite. This suite includes SigaGuardX, a multi-level software guardian that uses AI/ML algorithms to provide early alerts and critical incident response tools for OT cyber-attack management. The suite also features SigaGuard, a hardware sensor that offers Level 0 visibility for reliable attack detection. SIGAs CEO, Amir Samoiloff, emphasized the inevitability of OT cyber breaches and the importance of their tools in detecting otherwise undetected attacks. The launch includes an Early Adopter Program to engage industry leaders in addressing OT cybersecurity challenges. SIGA serves global customers in sectors like oil & gas, utilities, data centers, and water.
growth-positive
SIGA raises $8.1 million in series B round led by PureTerra Ventures
Israeli cybersecurity company SIGA OT Solutions has completed an $8.1 million series B funding round led by PureTerra Ventures. The funds will be used to accelerate sales and strategic collaborations abroad. SIGAs SigaGuard is a machine-learning based solution for smart and reliable operational process monitoring and early-detection of anomalies. The company aims to protect Israeli manufacturing, water, electric, and chemical facilities against cyberattacks. Some of SIGAs customers include the New York Power Authority, Singapores water company, and the Israel Electric Corporation. The funding round brings the total funding raised to $15 million.
InvestmentExpand
growth-positive
Israel Water Authority taps SIGA for cyber protection of the country's water supply
The Israel Water Authority has chosen SIGA OT Solutions and its SigaGuard system to strengthen the cyber defenses of the countrys water system. The decision comes after cyberattacks last year targeted Israels water utilities. SigaGuard can protect the machinery and equipment in the Industrial Control Systems (ICS) and Operational Technologies (OT) environments. The solution can also deal with ransomware attacks. SIGA OT Solutions was selected after a successful pilot connecting several regional water and sewage utilities to a Security Operations Center (SOC) for defending against cyberattacks. The companys CEO, Amir Samoiloff, emphasized the importance of securing water utilities and highlighted SIGAs suitable solution. SIGA OT Solutions operates in multiple countries and has partners such as Phoenix Contact, ST Engineering, and MedOne.
CustomersPartners
growth-positive
Israeli cyber security co SIGA raises $3.5m
Israeli cyber security company SIGA Data Security has raised $3.5 million in an investment from Canadian venture capital fund Awz Homeland Security. SIGA has developed process anomaly detection and cyber security technologies for critical industrial control systems and infrastructure operations. The investment will be used to address the growing demand for cyber security in the world of Operating Technology (OT). As part of the agreement, Awz HLS Fund and SIGA will establish a joint subsidiary in North America for exclusive distribution rights of SIGAs technology. Awz HLS Fund has previously invested in Israeli cyber security company Octopus.
Investment
| Sector | Cyber Security |
Funding
| Total funding | $11.6M |
| Last funding | $8.1M |
| Stage | B |
| Rounds | 3 |
| Investors | 7 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | sigasec.com |
Locations
Gav-Yam Negev Advanced Technologies Park, Be'er Sheva, Israel
Wilmington, DE, USA
Photos & Videos
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