PHOENIX CONTACT Innovation Ventures becomes a shareholder in Dutch cyber security company
On September 21, 2016 Phoenix Contact Innovation Ventures GmbH became a shareholder in Dutch company SecurityMatters B.V. The Eindhoven-based company is a leading provider of cyber security solutions for industrial control systems.
SecurityMatters has sold its platform for network monitoring and anomaly detection, SilentDefense, internationally since its launch in 2013. Areas of application include energy generation, power transmission and distribution, water supply, infrastructure solutions, the chemical industry, Oil and Gas, and industrial production technology.
“SecurityMatters provides solutions for critical infrastructure and Industrie 4.0. Industrial applications in particular offer significant market potential, as cyber security solutions are already very much in demand here. The solutions offered by SecurityMatters fit perfectly with Phoenix Contact’s areas of expertise, especially with regard to Industrie 4.0,” explains Marcus Böker, Managing Director of Phoenix Contact Innovation Ventures.
Alongside Phoenix Contact Innovation Ventures and Robert Bosch Venture Capital, fellow investors in the syndicate include KPN Ventures from the Netherlands and Emerald Technology Ventures from Switzerland. The Swiss company leads the syndicate of four companies. Phoenix Contact Innovation Ventures holds a minority interest in SecurityMatters.
For more information please contact:
PHOENIX CONTACT Innovation Ventures
32825 Blomberg, Germany
Tel.: +49 5235 341423
Fax: +49 5235 343888
About PHOENIX CONTACT Innovation Ventures GmbH
PHOENIX CONTACT Innovation Ventures is the global corporate venture capital company of the PHOENIX CONTACT Group, a global manufacturer and supplier of components and systems for electrical connection and industrial automation technology. The venture capital company invests in startups with business models that are related to electrical connection technology, industrial digitization, automation and control technology, and associated markets.
About SecurityMatters B.V.
SecurityMatters provides industrial mission-critical cyber-resilience. It has a proven track record of monitoring, analyzing and protecting industrial environments, translating complex and hidden problems and threat indicators into clear and actionable intelligence. Its products enable end users to operate best-of-class cyber-resilient industrial control environments in simple and effective ways. The Company was founded in 2009 by Damiano Bolzoni, Sandro Etalle and Emmanuelle Zambon in the Netherlands.