When was Dragos founded?

Dragos was founded in 2016 and became a unicorn in 2021.

Where is Dragos located?

Dragos is headquartered in Hanover, United States. It is registered at Hanover, Maryland.

Who is the current CEO of Dragos?

Robert M Lee of Dragos. They have also founded 1 company.

Which legal entities is Dragos associated with?

Dragos is associated with DRAGOS, INC. and 1 other.

How many employees does Dragos have?

As of May 31, 2026, the latest employee count at Dragos is 627.

Is Dragos a funded company?

Dragos is a funded company, having raised a total of $439M across 8 funding rounds to date. The company's 1st funding round was a $1.2M Seed round, raised on Aug 18, 2016.

How much is Dragos worth?

The latest valuation of Dragos is $1.7B as of Sep 18, 2023.

When was the latest funding round of Dragos?

Dragos' latest funding was a $74M Series D round on Sep 18, 2023, with participation from 1 investor.

Is Dragos a Cybersecurity company?

The primary sector of Dragos is Cybersecurity.

Where does Dragos rank among its competitors?

Dragos ranks 2nd amongst 41 active competitors, of which 13 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Xage Security, which secured $14.8M in Dec, 2025.

Who are the top competitors of Dragos?

Dragos' top competitors include Nozomi Networks, Xage Security and TXOne. Among them, Xage Security secured the most recent funding round in December, 2025.

Dragos - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of cybersecurity solutions and intelligence for industrial control systems. The company delivers a platform providing asset visibility, vulnerability management, and threat detection. Services include cyber assessments, incident response, and proactive threat hunting. The firm offers threat intelligence reports, whitepapers, and solution briefs.

Website: www.dragos.com/
Social
Registered Address: Hanover, Maryland

Key Metrics

Founded Year

2016

Location

Hanover, United States

Stage

Series D

Total Funding

$439M in 8 rounds

Latest Funding Round

Series D, Sep 18, 2023, $74M

Post Money Valuation

$1.7B as on Sep 18, 2023

Investors

Koch Disruptive Technologies & 30 more

Ranked

2^nd among 41 active competitors

Employee Count

627 as on May 31, 2026

Investment & Acquisitions

Phosphorus & 2 more

Similar Companies

Nozomi Networks & 54 more

View Dragos' full profile

Dragos is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DRAGOS, INC. CIN: 812507383 , United States, Active	Apr 27, 2016	-	376 (As on Dec 31, 2024)	-
Dragos, Inc. CIN: 10258461 , United States, Active	Jan 29, 2024	-	-	-

Dragos has raised a total funding of $439M over 8 rounds. Its first funding round was on Aug 18, 2016. Its latest funding round was a Series D round on Sep 18, 2023 for $74M. 1 investor participated in its latest round. Dragos has 31 institutional investors.

Here is the list of recent funding rounds of Dragos:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 18, 2023	$74M	Series D	$1.7B	-	WestCap	-
Oct 28, 2021	$200M	Series D	$1.7B	-	Koch Disruptive Technologies, BlackRock	Emerson, AllegisCyber Capital, DataTribe, Energy Impact Partners, Rockwell Automation, Canaan, National Grid Partners, Schweitzer Engineering Laboratories, Global Reserve Group, National Grid, Hewlett Packard Pathfinder
Dec 08, 2020	$110M	Series C	-	-	National Grid Partners, Koch Disruptive Technologies	Canaan, AllegisCyber Capital, DataTribe, Energy Impact Partners, Schweitzer Engineering Laboratories, Hewlett Packard Pathfinder, Aramco Ventures

Access funding benchmarks and valuations. Sign up today!

View details of Dragos's funding rounds and investors

The founders of Dragos are Justin Cavinee, Robert M Lee and Jon Lavender. Robert M Lee is the CEO of Dragos.

Here are the details of Dragos' key team members:

Justin Cavinee: Co-Founder of Dragos and founder of 1 other company.
Robert M Lee: Co-Founder & CEO of Dragos and founder of 2 other companies, Kernls and Dragos Security.
Contact Info: 1 email address
Jon Lavender: Co-Founder & CTO of Dragos and founder of 2 other companies, Kernls and Dragos Security.
Contact Info: 1 email address

Dragos' Board of Directors

Dragos's board has 7 active members. Dmitri Alperovitch, Michael Janke, Thomas Bennett, Joydeep Bhattacharyya, Robert Ackerman, Robert Lee and Darren Sankbeil are independent board members.

Here is the list of Dragos' board of directors:

Name	Type	Representing	Status	Duration
Dmitri Alperovitch	Independent board member	-	Current	6y 8m
Michael Janke	Independent board member	-	Current	8y 9m
Thomas Bennett	Independent board member	-	Current	8y 9m
Joydeep Bhattacharyya	Independent board member	-	Current	7y 7m
Robert Ackerman	Independent board member	-	Current	8y 9m
Robert Lee	Independent board member	-	Current	9y 7m
Darren Sankbeil	Independent board member	-	Current	6y 8m

View details of Dragos's Founder profiles and Board Members

Dragos' employee count trend

Dragos has 627 employees as of May 26. Here is Dragos's employee count trend over the years:

Uncover Dragos' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Dragos include Nozomi Networks, Xage Security and TXOne. Here is the list of Top 10 competitors of Dragos, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nozomi Networks 2013, San Francisco (United States), Acquired	Cloud based network monitoring and threat detection solutions for ICS	$266M	Lux Capital, GGV Capital & 20 others	67/100
2nd	Dragos 2016, Hanover (United States), Series D	Provider of cybersecurity solutions and intelligence for industrial control systems	$439M	Hewlett Packard Pathfinder, BlackRock & 29 others	67/100
3rd	Xage Security 2016, Palo Alto (United States), Series B	Provider of a blockchain based security platform for IoT applications	$80M	Overture, SAIC & 15 others	64/100
4th	TXOne 2018, Taipei (Taiwan), Series B	Offering zero trust network segmentation solutions	$134M	TGVest Capital, JAFCO Asia & 18 others	58/100
5th	Mission Secure 2014, Charlottesville (United States), Acquired	Cybersecurity solutions for threat detection in ICS & SCADA systems	$22.5M	Energy Innovation Capital, Chevron & 10 others	52/100
6th	AlertEnterprise 2007, Fremont (United States), Series B	AI-powered cyber-physical security solutions unifying IT, OT, HR, and physical security	$27.1M	Kleiner Perkins, Opus Capital	48/100
7th	Rhebo 2014, Leipzig (Germany), Acquired	Deep packet inspection based monitoring, detection & alerting of ICS/SCADA threats	-	eCAPITAL, CFH Management & 6 others	44/100
8th	SCADAfence 2014, New York City (United States), Acquired	Network Intrusion Detection System for Critical Infrastructure	$38M	JVP, iAngels & 13 others	43/100
9th	Changyang Technology 2017, Haidian (China), Series F	Provider of Industrial security solutions	$94.8M	Beijing Cornerstone Venture Capital Management Center, CITIC ... & 16 others	43/100
10th	Beijing Liufangyun Technology 2018, Haidian (China), Series C	Provider of industrial cybersecurity solution	$50.8M	Topping Capital, Shanghai Shengyu Equity Investment Fund Management ... & 3 others	40/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Dragos's competitors? Click here to see the top ones

Dragos has acquired 3 companies including Phosphorus, Network Perception and NexDefense. Dragos has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 01, 2026	Acquisition	Phosphorus	2016	Carlsbad (United States)
Oct 01, 2024	Acquisition	Network Perception	2013	Champaign (United States)
Mar 18, 2019	Acquisition	NexDefense	2012	Atlanta (United States)