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TXOne Networks raises $51 million in a Series B extension round led by TGVest Capital, with participation from Pegatron Group, CDIB Capital Group, and CDIB-Innolux II L.P.

May 07, 2024over 1 year ago

Amount Raised

$51 Million

Round Type

series b

TaipeiCyber SecurityInformation Technology

Investors

Applied Ventures Itic Innovation Fund, L.P. (Avitic)Taiwania CapitalCdib Innolux Ii L.P.Cdib Capital GroupPegatron GroupTg Vest Capital

Description

TXOne Networks, a leader in Cyber-Physical Systems (CPS) security, has secured $51 million in its Series B extension round of financing. The round was led by TGVest Capital, with participation from Pegatron Group, CDIB Capital Group, and CDIB-Innolux II L.P., as well as new investors Taiwania Capital and Applied Ventures ITIC Innovation Fund, L.P. (AVITIC).

Company Information

Company

TXOne Networks

Location

Taipei, Taipei City, Taiwan

About

TXOne Networks offers cybersecurity solutions that ensure the reliability and safety of industrial control systems and operational technology environments. They work with leading manufacturers and critical infrastructure operators to develop practical, operations-friendly approaches to cyber defense.

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