Asset Manager

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Dragos

Dragos is a leading xOT cybersecurity company that secures industrial assets across sectors with tailored industrial cybersecurity solutions.

Dragos

Dragos is a leading xOT cybersecurity company that secures industrial assets across sectors with tailored industrial cybersecurity solutions. The Dragos Platform provides complete visibility into xOT environments, risk-based vulnerability management, threat detection and response, and collective defense. Dragos focuses on protecting critical infrastructure including manufacturing, oil and gas, electric, and water systems.

General information

Firm type

Asset Manager

Year founded

2016

Location

Region

North America

Country

United States

City

Houston

Corporate office

Houston, Texas, United States

Additional offices

Australia · Dubai

Principals

Robert M. Lee

CEO

Sector focus

CybersecurityIndustrial Tech

Frequently asked questions

Who runs investment decisions at Dragos?

Dragos is a venture-backed operating company, not an investment firm. Strategic and product decisions are made by CEO and co-founder Robert M. Lee alongside the executive team. Growth funding has been led by Koch Disruptive Technologies and other strategic industrial investors rather than a centralized investment committee.

Does Dragos participate in fund commitments or only direct deals?

Dragos does not make fund commitments or direct deals as an allocator. It is an operating cybersecurity firm that sells a product platform and managed services to industrial enterprises. Its capital flow runs in reverse — the firm raises venture funding rather than deploying investment capital into third-party funds.

How is Dragos related to the OT-CERT community defense program?

Dragos founded and operates OT-CERT at no cost to participating critical infrastructure operators. The program provides threat intelligence, indicators of compromise, and community coordination to help under-resourced municipal utilities and other operators defend against OT-focused adversaries. OT-CERT is structurally part of Dragos but operates as a community service separate from commercial contracts.

What is Dragos' known posture on co-investments alongside external GPs?

Dragos does not co-invest alongside GPs. As a venture-backed operating company, its capital structure consists of equity from institutional and strategic investors, not a pooled fund vehicle. The firm's revenue comes from commercial cybersecurity contracts with industrial enterprises, not from investment returns.

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