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§ Private Profile · Israel
PlaxidityX (Formerly Argus Cyber Security LTD.) is a technology company.
PlaxidityX, formerly Argus Cyber Security, specializes in AI-powered security and privacy solutions for the automotive sector. The company protects connected vehicle architectures and modern fleets, implementing in-vehicle defenses and DevSecOps strategies. This approach secures the vehicle lifecycle, mitigating cyber threats in complex mobility systems.
The company was established in 2013 by Ofer Ben Noon, Oron Lavi, Yaron Galula, and Zohar Zisapel. Ben Noon, Lavi, and Galula, leveraging experience as alumni of the IDF’s elite Unit 8200, identified the urgent need for specialized cybersecurity in connected vehicles. This insight drove their efforts to build a firm addressing these vulnerabilities.
PlaxidityX serves automotive original equipment manufacturers (OEMs) and their suppliers, enabling protection for their fleets from evolving cyber-attacks. The company's vision is to secure future mobility, ensuring driver and vehicle manufacturer safety and privacy. It strives to establish secure, connected transportation as a trusted industry aspect.
PlaxidityX (Formerly Argus Cyber Security LTD.) has raised $25.0M across 2 funding rounds.
Key people at PlaxidityX (Formerly Argus Cyber Security LTD.).
PlaxidityX (Formerly Argus Cyber Security LTD.) has raised $25.0M in total across 2 funding rounds.
PlaxidityX (Formerly Argus Cyber Security LTD.) has raised $25.0M across 2 funding rounds. Most recently, it raised $21.0M Series B in September 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2015 | $21M Series B | — | 3VC, Accel, Bling Capital, Entrée Capital Ventures, Vertex Ventures Israel, Webtalk LTD, Zohar Zisapel, Allianz, Magma Venture Partners, Magna International, SBI Group, Temasek | Announced |
| Sep 1, 2014 | $4M Series A | RAN Achituv, Yoram Oron | Accel, Entrée Capital Ventures, Motus Ventures, Vertex Ventures Israel, Zohar Zisapel | Announced |
Key people at PlaxidityX (Formerly Argus Cyber Security LTD.).
PlaxidityX (formerly Argus Cyber Security Ltd.) is a global leader in automotive and mobility cybersecurity, delivering end-to-end solutions including DevSecOps platforms, vehicle protection, and fleet security for OEMs, Tier 1 suppliers, and manufacturers.[1][2][3] The company secures vehicle components, networks, and fleets throughout their lifecycle, addressing vulnerabilities in software-defined vehicles (SDVs) with products like vDome and an innovative DevSecOps platform that automates security integration to accelerate development and ensure compliance.[1][2] Serving automotive giants through partnerships with firms like Continental, NXP, and Google Cloud, PlaxidityX solves critical problems of unauthorized access, remote connectivity threats, and emerging cyberattacks in connected mobility, backed by over 70 patents and a global presence in Israel, USA, Germany, France, Japan, Korea, Poland, and India.[1][2][3][4]
Founded about a decade ago, PlaxidityX has achieved significant growth through strategic collaborations and product launches, rebranding in 2024 to reflect its expanded vision amid the SDV shift, positioning it for market leadership in a connected automotive future.[1]
PlaxidityX traces its roots to 2013-2014, when it was founded in Israel as Argus Cyber Security Ltd. at a time when automotive cybersecurity was an emerging, almost unrecognized need.[1][5] The pioneers behind it leveraged decades of cybersecurity and automotive research to pioneer vehicle protection, raising industry awareness and educating stakeholders on threats to connected cars.[1] Early traction came from innovative detection of unauthorized access, remote connectivity security, and real-time threat reporting, securing worldwide customers and leading to $33M in total funding across three rounds, including a $26M recent raise.[5]
Pivotal moments include the 2024 rebrand to PlaxidityX amid explosive business growth, strategic partnerships with global tech leaders, and launches like the DevSecOps platform (May 2024) and vDome, which automated security in software development cycles.[1][5] Headquartered in Tel Aviv's Alon Towers, the company evolved from embedded security to comprehensive cloud-integrated solutions, now boasting 200 employees and $48.7M revenue.[5]
PlaxidityX rides the explosive trend of software-defined vehicles (SDVs) and connected mobility, where every software update and remote connection amplifies cyber risks to safety, data, and operations.[1][2] Timing is ideal as regulations demand lifecycle security, and market forces like electrification, autonomy, and cloud integration create urgent needs—PlaxidityX's shift from niche vehicle protection to full DevSecOps positions it as a market educator and enabler.[1]
It influences the ecosystem by partnering with suppliers (e.g., Continental's SDV strategy, NXP's electronics) to embed security early, fostering a "Digital Shield" standard and accelerating secure software stacks for OEMs.[2] This leadership mitigates systemic risks in a hyper-connected auto industry projected for massive growth, balancing innovation with protection.[1][2]
PlaxidityX is primed for dominance in SDV cybersecurity, with its rebrand signaling aggressive expansion via new products, partnerships, and global scaling to capture share in fleets and cloud security.[1] Trends like AI-driven threats, stricter compliance (e.g., UNECE WP.29), and 5G-enabled autonomy will propel demand, evolving its role from protector to indispensable architect of secure mobility ecosystems.[2]
As the pioneer returns to the forefront, PlaxidityX will shape a future where cybersecurity isn't a bolted-on afterthought but the balanced foundation of connected vehicles—safeguarding lives amid unstoppable tech convergence.[1]
PlaxidityX (Formerly Argus Cyber Security LTD.) has raised $25.0M in total across 2 funding rounds.
PlaxidityX (Formerly Argus Cyber Security LTD.)'s investors include 3VC, Accel, Bling Capital, Entrée Capital Ventures, Vertex Ventures Israel, Webtalk Ltd, Zohar Zisapel, Allianz, Magma Venture Partners, Magna International, SBI Group, Temasek.
