Argus Cyber Security [Acqu. by Continental]

formerly Argus Cyber SecurityAcquired

Comprehensive cybersecurity for connected vehicles.

Tel Aviv, Israel · Founded 2013 · $30.0M raised

Headquarters
Tel Aviv
Employees
51–200
Founded
2013
Business Model
B2B
Total Funding
$30.0M
Last Round
$26.0M Series BSep 2015
Rounds
3
Acquisition Date
Nov 2017

About

Argus Cyber Security (now PlaxidityX, acquired by Continental) is a global leader in automotive cybersecurity, providing in-vehicle and cloud-based security technologies for automakers, Tier-1 suppliers, and fleet operators. The company's platform protects connected vehicles across the entire lifecycle — from design-time security testing and DevSecOps tooling to runtime intrusion detection and over-the-air update security. Founded in Tel Aviv in 2013, Argus was acquired by Continental in 2017 and rebranded as PlaxidityX in 2023.

Summary

Argus Cyber Security [Acqu. by Continental] is an Insurtech company based in Tel Aviv, Israel, founded in 2013. It has raised $30.0M in total across 3 rounds, most recently a $26.0M Series B round in Sep 2015. Investors include Continental, Magna Capital Partners and Allianz X.

Tech & App Stack

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Funding History

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AcquisitionNov 2017
$430.0M

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