Fenwick represented Dragos, a global leader in cybersecurity for industrial controls systems/operational technology environments, in its $200 million Series D financing. The funding round was led by Koch Disruptive Technologies, an investment arm of Koch Industries, and funds and accounts managed by BlackRock. Investors include Emerson, Hewlett Packard Enterprise, Allegis Cyber, Canaan, DataTribe, Energy Impact Partners, National Grid Partners, Schweitzer Engineering Labs, Global Reserve Group and Rockwell Automation.
Dragos will use the funds to continue to accelerate the company’s global expansion and support customers in key growth markets across diverse industries, including electric, oil & gas, chemical, pharmaceutical, food and beverage, water and manufacturing. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partners Michael Brown and Allison Cooper and corporate partner-elect Jordan Roberts, and included corporate associates Joon Hwan Kim, Nikhil Sharma and Sullivan Berthier.