Argus Cyber Security
 | |
| Industry | Automobile Technology |
|---|---|
| Founded | 2013 |
| Fate | Purchased by Continental AG in 2017 for $430 million. |
| Headquarters | |
Number of employees | 200 |
| Website | [1] |
PlaxidityX (Formerly Argus Cyber Security LTD.) is an Israeli automotive cyber security company. It was purchased by Continental AG in 2017, for $430 million.[1] In October 2017, Argus added a solution to enable OEMs to deliver over-the-air vehicle software updates.[2]
History
[edit]The company was founded in 2013,[3] by Ofer Ben-Noon, Oron Lavi, and Yaron Galula, three ex-soldiers of Israel's Unit 8200.[4] The Argus management team includes former employees of Daimler,[5] Fiat Chrysler,[6] and General Motors.[7]
The Israeli startup is headquartered in Tel Aviv, has a team of more than 200 people and offices in Detroit, Silicon Valley, Stuttgart and Tokyo.[8][9] The company has dozens of pending[10] and granted[11] patents and was identified as a Top 25 Technology Company To Watch by The Wall Street Journal.[12]
As a result of an acquisition in November 2017,[13][14] Argus Cyber Security is part of Germany's Continental's subsidiary Elektrobit (EB).[15]
In December 2020, Argus Co-founder Ofer Ben-Noon stepped down from his position as CEO and was replaced by Ronen Smoly, previously Argus VP Sales.[16] [17]
Partnerships
[edit]In January 2016, Argus partnered with Check Point Software Technologies to extend the Argus offering with Check Point Car Capsule for secure communication between vehicle and the cloud.[18]
In July 2016, Argus was chosen to participate in Startup Autobahn, a joint project run by Daimler AG, Plug and Play, University of Stuttgart and ARENA2036.[19]
Argus partnered with Infineon in November 2016 to create an integrated cyber security solution for central gateway protection.[20]
In January 2017, Argus joined with Elektrobit to create a solution to protect electronic control units (ECU). The same month they announced a combined solution with Qualcomm.[21]
In February 2017, NXP Semiconductors announced its partnership with Argus creating a joint solution including Argus IDPS and NXP Calyso MCU to detect and prevent advanced cyber attacks in real-time.[22][23]
In July 2017, Argus and Riscure announced a joint 'capture the flag' competition, participants faced challenges simulating real-life automotive cyber security scenarios to win.[24]
In June 2018, Argus partnered with Phantom Auto on a teleoperation safety technology that blocks attacks on connected vehicles.[25]
In August 2024, Argus rebranded as PlaxidityX .[26]
Awards and recognition
[edit]- Inc. Top 20 Tech Innovators to watch in 2018[27]
- Red Herring 2017 Top 100[28]
- The Wall Street Journal 25 Technology Companies to Watch[29]
- Fast Company Most Innovative Companies of 2017[30]
- Fortune Top 3 Auto Startups of 2016[31]
- WIRED Europe's hottest startups 2016[32]
- ABIresearch 118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets[33]
References
[edit]- ^ Argus investors, employees win big in $430m acquisition 5 November 2017 14:54 Dubi Ben-Gedalyahu, Globes
- ^ "Germany's Continental buys Israeli auto cyber firm Argus". Reuters. 3 November 2017.
- ^ Argus raises $4M to keep car hackers at bay 29 September 2014 10:51 Kia Kokalitcheva, VentureBeat
- ^ Toyota seeks more investments in Israeli auto tech, robotics Tova Cohen, November 5, 2017
- ^ "VB Profiles".
- ^ "Automotive World". 6 February 2017.
- ^ "Bloomberg Research". Bloomberg News.
- ^ Solomon, Shoshanna (5 November 2017). "Germany's Continental confirms buy of Israel cybersecurity firm Argus". Times of Israel.
- ^ "Argus Cyber Security". Archived from the original on 2018-01-08.
- ^ "These 3 Auto Startups Are the Best of 2016". Fortune.
- ^ "Germany's Continental confirms buy of Israel cybersecurity firm Argus". Times of Israel.
- ^ "Tech Companies to Watch". The Wall Street Journal.
- ^ "Germany's Continental buys Israeli auto cyber firm Argus". Reuters. 3 November 2017.
- ^ "Argus investors, employees win big in $430m acquisition". Globes. 11 May 2017.
- ^ Argus Cyber Security and Elektrobit Launch End-to-End Solution for Delivering Vehicle Software Updates Over-The-Air (OTA) 6 November 2017
- ^ "Argus CEO Ofer Ben-Noon announces he's stepping down". 2 December 2020.
- ^ John, Peter. "Demystifying Computer Forensics vs. Electronic Discovery". Retrieved 16 July 2021.
- ^ Shamah, David. "Argus, Check Point team up to prevent car hacking". The Times of Israel.
- ^ "Startup Autobahn sees firms from seven countries make a pitch".
- ^ "Cooperation to protect central gateway".
- ^ "Argus Expands Connected Car Collaboration - Infosecurity Magazine". 4 January 2017.
- ^ "NXP Joins Auto-ISAC to Collaborate on Security Challenges of Connected Cars".
- ^ Ben-Gedalyahu, Dubi (15 March 2017). "Israel's auto-tech startups move up a gear". Globes.
- ^ "Hack the car using an Arduino board with two CAN ports".
- ^ "Argus Cyber Security and Phantom Auto Partner to Increase the Security of Teleoperation Safety Technology". www.prnewswire.com. June 5, 2018.
- ^ "Introducing PlaxidityX: Argus Cyber Security Ltd.* Unveils New Company Name". www.plaxidityx.com. August 15, 2024.
- ^ Kerpen, Dave (11 September 2017). "20 Tech Innovators to Watch in 2018". Inc.
- ^ "2017 Red Herring Europe: Winners".
- ^ "Tech Companies to Watch".
- ^ "The World's Most Innovative Companies 2017".
- ^ "These 3 Auto Startups Are the Best of 2016".
- ^ "Europe's hottest startups 2016: Tel Aviv". Wired UK.
- ^ "118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets".