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SCADAfence Named Finalist in Black Unicorn Awards for 2022

SCADAfence is a finalist for the title, “Black Unicorn” in the prestigious awards for cyber security companies with the potential to reach over $1B valuation

SCADAfence, the global technology leader in OT & IoT cyber security, today announced that it has been named a finalist in the Black Unicorn Awards for 2022.

The term “Black Unicorn” refers to a cyber security company that is expected to reach a one billion USD valuation as determined by private or public investment. These awards showcase the small group of companies that are believed to have this rare potential. SCADAfence was selected from a large pool of many of the industry’s leading providers of cyber security products and services.

We’re pleased to name SCADAfence as a finalist among a small, elite group of cybersecurity industry leaders in our annual Black Unicorn awards,” said Judges Robert R. Ackerman Jr. of AllegisCyber Capital, Dino Boukouris of Momentum Cyber and Gary Miliefsky of Cyberdefense Media Group.

“We are honored to be named a Black Unicorn for 2022, illustrating our continued ability to successfully combat the next generation of cyber threats on critical infrastructure & manufacturing” said Elad Ben-Meir, CEO of SCADAfence. “We have a world class team at SCADAfence and we are well on track to reach unicorn status.”

“I have no doubt that SCADAfence will reach the rarefied level of unicorn status,” said    Erel Margalit, Founder & Executive Chairman of JVP, SCADAfence’s largest investor.

“There are few companies in the cyber security space who have the necessary combination of technical expertise, vision of where they want to go, and commitment to customer experience to reach that valuation. I have no doubt SCADAfence will be one of the extraordinary few to achieve it.”

“We are proud of the success that SCADAfence has achieved so far,” said Naoki Kamimaeda, Partner at Global Brain, a major SCADAfence investor from Japan. “We are aware of the tremendous potential for continued growth that exists within this company. They are at the forefront of OT security and it’s understandable why so many major manufacturing and critical infrastructure organizations continue to choose SCADAfence to secure their networks.”

“SCADAfence continues to be a strategic partner, helping our customers more efficiently manage risk by providing a holistic view of their IT and OT environments,” said Andre Cuenin, Chief Revenue Officer at Rapid7. “We are excited to watch SCADAfence enter its next stage of growth as they strive to bridge the gap between IT and OT cybersecurity.”

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