Argus Cyber Security
 | |
| Industry | Automobile Technology |
|---|---|
| Founded | 2013 |
| Fate | Purchased by Continental AG in 2017 for $430 million. |
| Headquarters | |
Number of employees | 70 |
| Website | https://argus-sec.com/ |
Argus Cyber Security 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]
The company was founded in 2013,[3] by 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 70 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]
Argus raised $4 million in September 2014 from Magma Venture Partners, Vertex Ventures, Motus Ventures and from venture capitalist Zohar Zisapel. In September 2015, Argus raised Series B funding totaling $26 million from Allianz Digital Corporate Ventures, Allianz SE, Magma Venture Partners, Magna International, OurCrowd, Vertex Ventures and venture capitalists Zohar Zisapel and Eyal Gura.[13]
As a result of an acquisition in November 2017,[14] Argus Cyber Security will be part of Germany's Continental's subsidiary Elektrobit (EB).[15]
Partnerships
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.[16]
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.[17]
Argus partnered with Infineon in November 2016 to create an integrated cyber security solution for central gateway protection.[18]
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.[19]
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.[20][21]
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.[22]
In June 2018, Argus partnered with Phantom Auto on a teleoperation safety technology that blocks attacks on connected vehicles.[23]
Awards and Honors
- Inc. Top 20 Tech Innovators to watch in 2018[24]
- Red Herring 2017 Top 100[25]
- The Wall Street Journal 25 Technology Companies to Watch[26]
- Fast Company Most Innovative Companies of 2017[27]
- Fortune Top 3 Auto Startups of 2016[28]
- WIRED Europe's hottest startups 2016[29]
- ABIresearch 118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets[30]
References
- ^ 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".
- ^ Argus investors, employees win big in $430m acquisition 5 November 2017 14:54 Dubi Ben-Gedalyahu, Globes
- ^ Toyota seeks more investments in Israeli auto tech, robotics Tova Cohen, November 5, 2017
- ^ "VB Profiles".
- ^ "Automotive World".
- ^ "Bloomberg Research".
- ^ Germany’s Continental confirms buy of Israel cybersecurity firm Argus By SHOSHANNA SOLOMON 5 November 2017, 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.
- ^ "Crunchbase".
- ^ "Germany's Continental buys Israeli auto cyber firm Argus". Reuters.
- ^ Argus Cyber Security and Elektrobit Launch End-to-End Solution for Delivering Vehicle Software Updates Over-The-Air (OTA) 6 November 2017
- ^ Shamah, David. "Argus, Check Point team up to prevent car hacking".
- ^ "Startup Autobahn sees firms from seven countries make a pitch".
- ^ "Cooperation to protect central gateway".
- ^ "Argus Expands Connected Car Collaboration - Infosecurity Magazine".
- ^ "NXP Joins Auto-ISAC to Collaborate on Security Challenges of Connected Cars".
- ^ Ben-Gedalyahu, Dubi. "Israel's auto-tech startups move up a gear".
- ^ "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.
- ^ Kerpen, Dave. "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".
- ^ "118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets".