TXOne Networks
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TXOne Networks
Additional Info
Website | http://www.txone.com |
Company size (employees) | 100 to 499 |
Headquarters Region | Asia |
Overview
TXOne Network’s portfolio of operational technology (OT) security solutions aims to secure industrial networks while also keeping the devices running and as safe as possible. The products span from device- level security to more of an overarching view and control over industrial processes, with its most recent launch—Cyber Physical Systems Detection and Response—adding further prevention capabilities.
TXOne Networks has developed its entire portfolio with OT in mind. It has journeyed through becoming a standalone business but still has close links to its previous parent company, Trend Micro. Thus, TXOne Networks has been able to capitalize on Trend’s engineering and development expertise and has since developed further specialized solutions specifically for OT and and industrial control systems (ICS) networks. TXOne offers zero-trust, framework-based OT cybersecurity solutions designed to ensure the reliability and safety of OT and ICS and their respective environments. With the foundational approach of offering a zero- trust framework throughout its offerings, TXOne Networks applies a “never trust, always verify” philosophy—helping to prevent threats in OT and ICS environments.
TXOne Network’s focus is to ensure security as well as continual operations, and the company has been building its product portfolio to reflect this. Notably, TXOne Networks will focus more on protection, prevention, and response capabilities, where it seeks to differentiate in the market. The company also seeks to develop its management console capabilities and looks to expand its market presence with its latest funding, focusing on the semiconductor, automotive, and manufacturing industries.
How we are different
- TXOne Networks offers both network-based and endpoint-based products, which can work alone or in combination to secure the OT network and mission-critical devices in a defense-in-depth and real-time manner.
- The company has gone through three funding rounds to date, raising a total of $130.7m as of its latest Series B funding in August 2022. The latest round was led by TGVest Capital, an Asia-based private equity firm focusing on technology, including advanced manufacturing.
- TXOne has the advantage of its history with IT security vendor Trend Micro and its ability to weave Trend’s strengths in the antivirus domain into TXOne’s offerings. This allows TXOne to lean on the Trend Micro history of security performance and build on this foundation, potentially sharpening its competitive edge against traditional network and IT security vendors in the OT security market. The hardware and virtual components offered in its portfolio are flexible and can work independently, but also complement each other well. This allows TXOne Networks to support a variety of clients at different stages of their journey. It offers both active and passive, reactive and proactive technology, again allowing flexibility but also showcasing TXOne Networks’ focus on innovation and product development.