Argus Cyber Security

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

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]

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.[17]

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.[18]

Argus partnered with Infineon in November 2016 to create an integrated cyber security solution for central gateway protection.[19]

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.[20]

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.[21][22]

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.[23]

In June 2018, Argus partnered with Phantom Auto on a teleoperation safety technology that blocks attacks on connected vehicles.[24]

In August 2024, Argus rebranded as PlaxidityX .[25]

Awards and recognition

• Inc. Top 20 Tech Innovators to watch in 2018[26]
• Red Herring 2017 Top 100[27]
• The Wall Street Journal 25 Technology Companies to Watch[28]
• Fast Company Most Innovative Companies of 2017[29]
• Fortune Top 3 Auto Startups of 2016[30]
• WIRED Europe's hottest startups 2016[31]
• ABIresearch 118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets[32]