What is Veracity Industrial Networks?
Veracity Industrial Networks specializes in providing secure and efficient network management solutions tailored for operational technology (OT) environments. Their core offerings, the Veracity OT Network Controller and OT Network Security Appliance, leverage software-defined networking (SDN) to bolster cybersecurity and simplify network administration. The company targets critical sectors including manufacturing, energy, and water/wastewater, aiming to enhance network resilience and minimize attack surfaces through a stringent zero-trust security framework. Veracity is dedicated to helping clients optimize their industrial networks while adhering to stringent cybersecurity best practices.
How much funding has Veracity Industrial Networks raised?
Veracity Industrial Networks has raised a total of $3M across 1 funding round:
Private Equity
$3M
Private Equity (2014): $3M, investors not publicly disclosed
What's next for Veracity Industrial Networks?
With the recent influx of enterprise-level capital, Veracity Industrial Networks is poised for significant expansion. The company's focus on zero-trust architecture and specialized OT network security addresses a critical gap in industrial cybersecurity. Future developments are likely to involve scaling their sales and engineering teams, enhancing their product suite to meet evolving threat landscapes, and deepening their market penetration within the manufacturing, energy, and utilities sectors. Continued investment in R&D will be crucial to maintaining their competitive edge in this rapidly advancing field.
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