Paragon Solutions

Acquired

Tel Aviv, Israel · Founded 2019 · $7.5M raised

Headquarters
Tel Aviv
Founded
2019
Business Model
B2G
Total Funding
$7.5M
Last Round
$7.5M SeedJul 2021
Rounds
1
Acquisition Date
Dec 2024

About

Paragon Solutions is an Israeli spyware company founded in 2019 by former Unit 8200 commander Ehud Schneorson, Idan Nurick, Igor Bogudlov, Liad Avraham, and ex-Prime Minister Ehud Barak. It develops Graphite, a surveillance tool that provides access to messaging apps including WhatsApp, Signal, and Facebook Messenger, and sells primarily to government agencies including U.S. Immigration and Customs Enforcement. The company was acquired by U.S. cybersecurity firm REDLattice/AE Industrial Partners in 2024 for over half a billion dollars.

Summary

Paragon Solutions is a Cybersecurity company based in Tel Aviv, Israel, founded in 2019. It has raised $7.5M in total across 1 round, most recently a $7.5M Seed round in Jul 2021. Investors include AE Industrial Partners and Battery Ventures.

Funding History

AcquisitionDec 2024

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Seed through Acquisition — per-round amounts, valuations, and who invested in each round.

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