Phoenix Contact acquired a share in a Dutch cybersecurity company
With effect from September 21, 2016, Phoenix Contact Innovation Ventures GmbH has acquired a share in the Dutch company SecurityMatters B. V. The company that is in Eindhoven is a leading supplier of cybersecurity solutions for industrial control systems.
Since its implementation in 2013, SecurityMatters has distributed the platform for network monitoring and anomaly detection, SilentDefense. The application areas include the power generation, transmission and distribution, water supply, the area of infrastructure solutions, chemistry, oil and gas as well as industrial production technology.
“SecurityMatters offers solutions for the area of critical infrastructure and Industrie 4.0. Especially in the industrial environment, there is a great market potential where cybersecurity solutions are required already today. The product range of SecurityMatters perfectly suits the expertise of Phoenix Contact, especially as regards Industrie 4.0” says Marcus Böker, Managing Director of Phoenix Contact Innovation Ventures.
Besides Phoenix Contact Innovation Ventures and Robert Bosch Venture Capital, the syndicate of investors also includes KPN Ventures from the Netherlands and Emerald Technology Ventures from Switzerland. The Swiss company has been leading in the acquisition of the shareholding of the four companies. Phoenix Contact Innovation Ventures has a minority share in SecurityMatters.
About Phoenix Contact Innovation Ventures GmbH
Phoenix Contact Innovation Ventures is the venture capital company of the Phoenix Contact Group, a leading manufacturer of components and systems for electrical connections as well as industrial automation. The company invests in startup companies with business models related to markets of the electrical connection technology, industrial digitalization, automation and control technology. www.phoenixcontact-innovationventures.com
About SecurityMatters B.V.
SecurityMatters offers industrial solutions for the monitoring, analysis and protection of industrial systems. Damiano Bolzoni, Sandro Etalle and Emmanuelle Zambon founded the company in the Netherlands in 2009. www.secmatters.com