Steel giant and gas industry partner with anomaly detection firm to protect control systems from malfunctions and cyberattacks

Klaus Mochalski, CEO of Rhebo

Rhebo supports automation companies and critical infrastructures in ensuring process continuity and cyber security in their industrial control systems (ICS) as well as network control technology. In its second financing round, the Leipzig-based technology company, founded in 2014, will receive a seven-digit sum from the existing investors eCAPITAL AG and Technologiegründerfonds Sachsen as well as the new investors SHS Ventures GmbH and VNG Innovation. In 2016, eCAPITAL AG and Technologiegründerfonds Sachsen had already confirmed Rhebo’s innovative business model and portfolio with an investment of 2.5 million euros.

“The investment in Rhebo fits into our strategy of further developing as technology leaders. Digitisation and IIoT have long since found their way into the Saarland steel industry and have become indispensable. Of course, cybersecurity is playing an increasingly important role. This applies to the digital transformation in our companies as well as to the entire manufacturing industry”, Dr. Michael Müller, CEO of SHS – Stahl-Holding-Saar GmbH & Co.KGaA, explains the engagement.

“We are delighted to be involved with Rhebo, an innovative Leipzig start-up company that has recognised the signs of the times,” adds Andreas Franke, managing director of VNG Innovation GmbH. “The threat to information and communication technology systems of digital infrastructures, such as in energy supply or industry, is increasing. Attacks not only endanger the security of supply to the general public, but also efficient production processes.

In the gas industry, production facilities, storage facilities, transmission networks and gas distribution networks must be protected against attacks as well. As a German technology company, Rhebo is committed to reliably protecting digital networks against cyberattacks. We see great potential here at Rhebo to make the information and communication technologies of municipal utilities, grid operators and industrial companies, among others, more secure,” Franke continues.

Rhebo has repeatedly demonstrated the effectiveness of its industrial anomaly detection in various projects in the automation, automotive and critical infrastructure sectors to ensure the continuity and cybersecurity of ICS and network control systems. Last year, the renowned New York-based analyst firm Gartner Inc. named the company as on of the top providers in its global.

Strong partners in a highly competitive market

“With VNG Innovation and SHS Ventures, we join forces with two strong strategic partners who are well established in our core markets of critical infrastructure and the automation industry, says Klaus Mochalski, CEO of Rhebo, explaining the decision for the investment partners.

Andreas Franke

This enables us to increase Rhebo’s healthy growth of recent years and further develop our technology in line with the increasing demands placed on industrial control systems. The need for new solutions enabling a seamless network monitoring of ICS for technical problems and covert cyberattacks has clearly increased, not least due to the German IT Security Bill and the increasing networking of production facilities.

This is also clearly demonstrated by the continuation of the investment by our initial investors eCAPITAL AG and Technologiegründerfonds Sachsen, which have held stakes in Rhebo since 2016.”

Reinforcement of the management of Rhebo

In the course of Rhebo’s further market penetration, the management appointed Kristin Preßler as chief of operations (COO) at the beginning of the year. The shareholders are thus reacting to Rhebo’s rapid growth and the further expansion of the company’s activities.

Kristin Preßler has established the marketing and communication department within the company and, as COO, will now take over responsibility for the operational implementation of Rhebo’s strategy alongside CEO Klaus Mochalski. She has over ten years of experience in the strategic development of communication and marketing in IT companies. Kristin Preßler studied communication sciences in Leipzig and France and is a trained publishing clerk.

Comment on this article below or via Twitter: @IoTNow OR @jcIoTnow


Rajant and Acubis Technologies announce successful FE1 peregrine and hawk deployments for Stanwell’S meandu mine

Posted on: May 17, 2022

Malvern, PA. 17 May 2022 – Rajant Corporation, the Kinetic Mes wireless networks, and Acubis Technologies, a Kinetic Mesh Premier Partner (KMPP) in Australia, have delivered the FE1 series BreadCrumbs Rajant Peregrine and Hawk to a government-owned utilities provider in southwest Queensland. The customer, Stanwell, was battling the ever-evolving data and application requirements of its

Read more

How can IoT revolutionise dairy farming?

Posted on: May 17, 2022

Today internet of things is the most topical talk in the tech industry. If you are still unaware of this term, the Internet of Things, a.k.a IoT, then just look around; you have been using it in your daily life, either in the form of smart watches or smart microwaves or smart water bottles, etc,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more