Argus Cyber Security
{{Short description|Israeli automotive cyber security company}}
{{Infobox company
| name = PlaxidityX (Formerly Argus Cyber Security LTD.)
| logo = File:PlaxidityX logo.svg
| alt = PlaxidityX
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| fate = Purchased by Continental AG in 2017 for $430 million.
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| foundation = {{start date and age|2013}}
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| location_city = Tel Aviv, Israel
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| industry = Automobile Technology
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| num_employees = 200
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| homepage = [https://plaxidityx.com/]
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PlaxidityX (Formerly Argus Cyber Security LTD.) is an Israeli automotive cyber security company. It was purchased by Continental AG in 2017, for $430 million.[http://www.globes.co.il/en/article-argus-investors-employees-win-big-in-430m-acquisition-1001210421 Argus investors, employees win big in $430m acquisition] 5 November 2017 14:54
Dubi Ben-Gedalyahu, Globes In October 2017, Argus added a solution to enable OEMs to deliver over-the-air vehicle software updates.{{Cite news|url=https://www.reuters.com/article/us-argus-m-a-continental/germanys-continental-buys-israeli-auto-cyber-firm-argus-idUSKBN1D31DR|title=Germany's Continental buys Israeli auto cyber firm Argus|newspaper=Reuters |date=3 November 2017 }}
History
The company was founded in 2013,[https://venturebeat.com/2014/09/29/argus-raises-4m-to-keep-car-hackers-at-bay/ Argus raises $4M to keep car hackers at bay] 29 September 2014 10:51
Kia Kokalitcheva, VentureBeat by Ofer Ben-Noon, Oron Lavi, and Yaron Galula, three ex-soldiers of Israel's Unit 8200.[https://www.reuters.com/article/us-israel-tech-toyota/toyota-seeks-more-investments-in-israeli-auto-tech-robotics-idUSKBN1D50OI Toyota seeks more investments in Israeli auto tech, robotics]
Tova Cohen, November 5, 2017 The Argus management team includes former employees of Daimler,{{Cite web|url=https://www.vbprofiles.com/people/michael-mueller-55f82ab1ac29afdc55000000|title=VB Profiles}} Fiat Chrysler,{{Cite web|url=https://www.automotiveworld.com/news-releases/meg-novacek-executive-director-business-development-north-america-argus-cyber-security-confirmed-connected-car-detroit/|title=Automotive World|date=6 February 2017 }} and General Motors.{{Cite web|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=285452775&privcapId=265994998&previousCapId=265994998&previousTitle=Argus%2520Cyber%2520Security%2520Ltd|title=Bloomberg Research|website=Bloomberg News }}
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.{{cite web|url=https://www.timesofisrael.com/germanys-continental-confirms-buy-of-israel-cybersecurity-firm-argus |title=Germany’s Continental confirms buy of Israel cybersecurity firm Argus |first=Shoshanna |last=Solomon |date=5 November 2017 |work=Times of Israel}}{{Cite web|url=https://automobilityla.com/exhibitor/argus-cyber-security/|title=Argus Cyber Security|archive-url=https://web.archive.org/web/20180108062658/https://automobilityla.com/exhibitor/argus-cyber-security/|archive-date=2018-01-08|url-status=dead}} The company has dozens of pending{{Cite web|url=http://fortune.com/2016/11/11/automobility-la-best-auto-startups/|title=These 3 Auto Startups Are the Best of 2016|website=Fortune}} and granted{{Cite web|url=https://www.timesofisrael.com/germanys-continental-confirms-buy-of-israel-cybersecurity-firm-argus/|title=Germany's Continental confirms buy of Israel cybersecurity firm Argus|website=Times of Israel}} patents and was identified as a Top 25 Technology Company To Watch by The Wall Street Journal.{{Cite web|url=https://www.wsj.com/graphics/25-technology-companies-to-watch/|title=Tech Companies to Watch|website=The Wall Street Journal}}
As a result of an acquisition in November 2017,{{Cite news|url=https://www.reuters.com/article/us-argus-m-a-continental/germanys-continental-buys-israeli-auto-cyber-firm-argus-idUSKBN1D31DR|title=Germany's Continental buys Israeli auto cyber firm Argus|website=Reuters|date=3 November 2017 }}{{Cite news|url=https://en.globes.co.il/en/article-argus-investors-employees-win-big-in-430m-acquisition-1001210421|title=Argus investors, employees win big in $430m acquisition|website=Globes|date=11 May 2017 }} Argus Cyber Security is part of Germany's Continental's subsidiary Elektrobit (EB).[https://www.prnewswire.com/news-releases/argus-cyber-security-and-elektrobit-launch-end-to-end-solution-for-delivering-vehicle-software-updates-over-the-air-ota-300538892.html Argus Cyber Security and Elektrobit Launch End-to-End Solution for Delivering Vehicle Software Updates Over-The-Air (OTA)] 6 November 2017
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.{{Cite web|url=https://www.calcalistech.com/ctech/articles/0,7340,L-3878471,00.html|title=Argus CEO Ofer Ben-Noon announces he's stepping down|date=2 December 2020 }}
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.{{Cite web|url=http://www.timesofisrael.com/argus-check-point-team-up-to-prevent-vehicle-hacking/|title=Argus, Check Point team up to prevent car hacking|last=Shamah|first=David|website=The Times of Israel }}
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.{{Cite web|url=http://www.autocarpro.in/news-international/startup-autobahn-firms-seven-countries-pitch-21006|title=Startup Autobahn sees firms from seven countries make a pitch}}
Argus partnered with Infineon in November 2016 to create an integrated cyber security solution for central gateway protection.{{Cite web|url=https://can-newsletter.org/engineering/engineering-miscellaneous/161103_cooperation-to-protect-central-gateway_agus-infineon/|title=Cooperation to protect central gateway}}
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.{{Cite web|url=https://www.infosecurity-magazine.com/news/argus-expands-connected-car/|title=Argus Expands Connected Car Collaboration - Infosecurity Magazine|date=4 January 2017 }}
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.{{Cite web|url=http://media.nxp.com/phoenix.zhtml?ID=2249270&c=254228&p=irol-newsArticle|title=NXP Joins Auto-ISAC to Collaborate on Security Challenges of Connected Cars}}{{Cite news|url=http://en.globes.co.il/en/article-israels-auto-tech-startups-move-up-a-gear-1001180896|title=Israel's auto-tech startups move up a gear|last=Ben-Gedalyahu|first=Dubi|newspaper=Globes |date=15 March 2017 }}
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.{{Cite web|url=https://can-newsletter.org/engineering/engineering-miscellaneous/170731_hack-the-car-using-an-arduino-board-with-two-can-ports_riscure/|title=Hack the car using an Arduino board with two CAN ports}}
In June 2018, Argus partnered with Phantom Auto on a teleoperation safety technology that blocks attacks on connected vehicles.{{Cite web|url=https://www.prnewswire.com/news-releases/argus-cyber-security-and-phantom-auto-partner-to-increase-the-security-of-teleoperation-safety-technology-300659862.html|title=Argus Cyber Security and Phantom Auto Partner to Increase the Security of Teleoperation Safety Technology|date=June 5, 2018|website=www.prnewswire.com}}
In August 2024, Argus rebranded as PlaxidityX .{{Cite web|url=https://plaxidityx.com/company/newsroom/press-releases/introducing-plaxidityx-argus-cyber-security-ltd-unveils-new-company-name/|title=Introducing PlaxidityX: Argus Cyber Security Ltd.* Unveils New Company Name|date=August 15, 2024|website=www.plaxidityx.com}}
Awards and recognition
- Inc. Top 20 Tech Innovators to watch in 2018{{Cite web|url=https://www.inc.com/dave-kerpen/20-tech-innovators-to-watch-in-2018.html|title=20 Tech Innovators to Watch in 2018|last=Kerpen|first=Dave|website=Inc.|date=11 September 2017 }}
- Red Herring 2017 Top 100{{Cite web|url=https://www.redherring.com/events/red-herring-europe/2017-rhe-winners/|title=2017 Red Herring Europe: Winners}}
- The Wall Street Journal 25 Technology Companies to Watch{{Cite web|url=https://www.wsj.com/graphics/25-technology-companies-to-watch/|title=Tech Companies to Watch}}
- Fast Company Most Innovative Companies of 2017{{Cite web|url=https://www.fastcompany.com/company/argus-cyber-security|title=The World's Most Innovative Companies 2017}}
- Fortune Top 3 Auto Startups of 2016{{Cite web|url=http://fortune.com/2016/11/11/automobility-la-best-auto-startups/|title=These 3 Auto Startups Are the Best of 2016}}
- WIRED Europe's hottest startups 2016{{Cite magazine|url=https://www.wired.co.uk/article/european-startups-2016-tel-aviv|title=Europe's hottest startups 2016: Tel Aviv|magazine=Wired UK }}
- ABIresearch 118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets{{Cite web|url=https://www.abiresearch.com/press/113-top-up-and-coming-technology-innovators-set-to/|title=118 Top Up-and-coming Technology Innovators Set to Disrupt Tech Markets}}