TXOne Networks News

Mitsubishi Electric and TXOne Networks to cooperate in mutual expansion of OT security businesses

Mitsubishi Electric Corporation and TXOne Networks Inc. announced that they have signed a long-term cooperation agreement covering technology development and marketing, aiming at expanding the operational-technology (OT) security businesses of both companies. Emergence of IoT and DX OT and industrial control systems in manufacturing sites are often operated in closed environments, with IT and OT systems separated from each other. However, the emergence of the Internet of Things (IoT) an...

TXOne Networks enters into definitive agreements in connection with its series B financing

TXOne Networks, a pioneer in industrial Internet of Things (IIoT) security, announces that it has entered into definitive agreements in connection with its series B financing with total investment proceeds of $70 million. The latest capital injection will be used to expand TXOne Networks' global presence and defend industry verticals worldwide against complex and volatile cybersecurity threats to industrial control systems (ICS). Damaging assets worldwide The new funding round was led by TGVe...

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