What Veracity Industrial Networks does

Veracity Industrial Networks is a privately held, venture-backed industrial networking software company headquartered in Ann Arbor, Michigan, founded in 2014 (per company careers page; some press materials cite 2015). The company sells an Operational Technology Software Defined Networking (OT-SDN) platform that applies SDN principles — originally developed for enterprise IT — to industrial control system (ICS) and operational technology (OT) networks. Its core products are the Veracity OT Network Controller, a software layer that sits in the customer's virtualization stack and centrally manages micro-segmentation, device identification, and traffic policy across any OpenFlow-enabled switch, and the Veracity OT Network Security Appliance, which bundles the controller software with a 7-port industrial switch for smaller or remote sites. The platform supports approximately 50 industrial communication protocols out of the box, presents the network in Purdue Model terms familiar to OT engineers, and is mapped to NERC-CIP, IEC 62443, and NIST CSF compliance requirements.

The company's commercial model is direct enterprise field sales with quote-based, multi-year subscriptions, supplemented by monthly live product demonstrations and industry-event presence (e.g., CSIA). It targets industrial operators in discrete manufacturing, energy and utilities, water/wastewater, defense manufacturing, food and beverage, and green energy, with a documented case study in food manufacturing where OT-SDN reportedly raised segmentation velocity from 2–3 plants per year to 2–3 plants per month and cut implementation cost by roughly 50% versus traditional segmentation projects. Strategic investors include Schweitzer Engineering Laboratories (SEL), Option3Ventures, DYNICS, and Interstates, Inc., and Veracity integrates with OpenFlow-enabled switches from Cisco, SEL, Dynics, and Allied Telesis, allowing phased deployment onto a customer's existing switching infrastructure rather than rip-and-replace.

The company has disclosed approximately $4.5M in funding across 2015–2020 rounds, employs 11–50 people, and is led by CEO Jim Crowley (joined August 2022, prior information-security background), VP of Product Jason Weber (joined October 2021, prior leadership at Rockwell Automation and Rexnord), CTO Jeff Smith, and Director Dave Whitehead (also CEO of investor SEL). Geographic operations are concentrated in North America (United States) with no explicit international footprint, and revenue is not publicly disclosed.

Name

Veracity Industrial Networks

Legal name

Veracity Industrial Networks

Website

https://veracity.io

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Veracity Industrial Networks sells an OT-native Software Defined Networking (OT-SDN) platform that provides centralized micro-segmentation and zero-trust policy management for industrial control networks, sold via direct enterprise sales to manufacturers, utilities, and critical infrastructure operators.

Ownership category

akta.pro rank

Product category

Industrial Cybersecurity Software

NAICS

Security Systems Services (except Locksmiths) (561621), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Computer Communications Equipment (3576), Measuring & Controlling Devices, Nec (3829)

akta.pro primary industry

Operational Technology (OT) Network Segmentation & Zero Trust (HDADAJAB)

akta.pro secondary industries

OT Asset Discovery, Inventory & Vulnerability Management (HDADAJAE), Industrial Network Management & Diagnostics (OT NMS/Topology/Monitoring) (HDAFAJAI), Industrial/IoT Network Perimeter Security (OT DMZ, gateways) (HDADABAO)

Keywords

• Industrial network security
• OT cybersecurity software
• Network micro-segmentation
• Software-defined networking
• OT network management

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Software Licenses and Subscriptions: OT Network Controller software sold as license or subscription for virtualization stack deployment. OT Network Security Appliance sold as hardware+software bundle.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels8 records

Core offering

Veracity Industrial Networks sells an OT-SDN (Operational Technology Software Defined Networking) platform that provides centralized configuration, control, and monitoring of industrial control system networks. The flagship Veracity OT Network Controller is software deployed on a customer's virtualization stack that works with any OpenFlow-enabled switch to enforce micro-segmentation and zero-trust east/west traffic policies, identify industrial devices (PLCs, HMIs, drives), and automate rule generation via a Learning Mode. The Veracity OT Network Security Appliance bundles the controller with a 7-port industrial switch for simpler deployments at remote sites and smaller networks.

Differentiator

Problem solved

Functional benefit

Brands

• Net-Optix: Original SDN ICS Flow Controller product name for Veracity's industrial network management solution.
• Veracity OT Network Management Platform
• OT-SDN

Products and services

• Veracity OT Network Controller Software solution that runs on the customer's virtualization stack and works with any OpenFlow-enabled switch to provide centralized configuration, control, and monitoring of OT network endpoints. Delivers inherent security through micro-segmentation, zero-trust east/west traffic control, automatic CIP-enabled device identification, and Learning Mode for automatic policy generation. Designed for OT operators managing industrial control networks.
• Veracity OT Network Security Appliance Hardware+software bundle that combines the Veracity OT Network Controller software with a 7-port industrial switch to deliver plug-and-play OT-SDN for remote sites and smaller networks. Works in hybrid environments mixing SDN switches and legacy switches.
• Veracity OT Network Management Platform Unified platform combining the OT Network Controller software and OT Network Security Appliance hardware to deliver centralized OT-SDN network management, micro-segmentation, and zero-trust cybersecurity for industrial applications following cybersecurity best practices.

Quantifiable outcome

• 50% faster implementation than traditional network segmentation
• +4 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature9 records

Partnerships

Two partnerships are on record, tiered core.

• Schweitzer Engineering Labs (SEL)coreTechnology or IntegrationWorks with SEL on critical infrastructure switches; OT Cyber Rap podcast featured SEL Principal Engineer
• CiscocoreTechnology or IntegrationCisco Catalyst 9300 switches support OpenFlow protocol required for Veracity OT-SDN; most common distribution switch for OT-SDN deployments

Scale indicators5 records

Expansion highlights5 records

Direct peers

• Dragos: Dragos specializes in ICS/OT cybersecurity with asset discovery, threat detection, and vulnerability management targeted at industrial operators and utilities. It is a frequent direct competitor to Veracity in OT segmentation and zero-trust conversations with regulated buyers.
• Nozomi Networks: Nozomi Networks provides OT and IoT visibility, network segmentation policy enforcement, and asset vulnerability management across industrial environments. It competes head-to-head with Veracity for OT security budget in manufacturing, energy, and critical infrastructure.
• Claroty: Claroty is a leading OT/ICS cybersecurity platform offering asset discovery, network segmentation (via integrations with leading networking vendors), threat detection, and secure remote access. It is the closest direct competitor to Veracity in industrial network protection and competes for the same industrial/utility buyer budget.

Broad incumbents

• Fortinet (OT Security): Fortinet offers OT-aware firewalls, network segmentation, and Secure SD-WAN for industrial environments through its FortiGate and OT Security offerings. It is a broad incumbent overlapping with Veracity's perimeter and segmentation use cases for industrial buyers.
• Palo Alto Networks (OT/IoT Security): Palo Alto Networks offers OT/IoT security capabilities (via its Zingbox heritage and Prisma/Strata integrations) that compete for the same industrial segmentation and zero-trust budget as Veracity, but as part of a much broader security portfolio rather than OT-native specialization.
• Cisco (Cyber Vision / IoT): Cisco offers Industrial IoT networking and OT visibility via Cyber Vision alongside Catalyst Industrial Ethernet switches — including the Catalyst 9300 that Veracity depends on. Cisco is the dominant incumbent in industrial networking and a key potential competitor and channel partner simultaneously.

Emerging players

• Radiflow: Radiflow focuses on OT cybersecurity for industrial and critical infrastructure networks, including network segmentation and threat detection. It is comparable to Veracity as a smaller OT-specialist vendor targeting utilities and industrial operators.
• Mission Secure: Mission Secure provides OT cybersecurity including network segmentation, asset visibility, and threat detection for industrial control systems. It competes for similar segmentation and zero-trust use cases in oil & gas, maritime, and industrial markets.
• SCADAfence (now Honeywell): SCADAfence (acquired by Honeywell) provided OT/ICS network monitoring and asset discovery for industrial and critical infrastructure customers. It addresses a directly overlapping buyer persona to Veracity and is now part of Honeywell's broader OT security portfolio.

Others

• Schweitzer Engineering Laboratories (SEL): SEL is both an investor and technology partner to Veracity, supplying OpenFlow-enabled industrial Ethernet switches for OT-SDN deployments. While not a direct security-software competitor, SEL is a strategic channel/ecosystem peer whose product roadmap (and OT security ambitions) directly shape Veracity's addressable market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@VeracityIndustrialNetworks/featured
• LinkedInlinkedin.com/company/veracity-security-intelligence
• Xx.com/veracityio
• Facebookfacebook.com/veracityindustrial

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veracity Industrial Networks