Argus Cyber Security is an Israeli automotive cyber security company.
It was purchased by Continental AG in 2017, for $430 million. In October 2017, Argus added a solution to enable OEMs to deliver over-the-air vehicle software updates.
The company was founded in 2013, by Ofer Ben-Noon, Oron Lavi and Yaron Galula, 3 ex-soldiers of Israel's Unit 8200. The Argus management team includes former employees of Daimler, Fiat Chrysler, and General Motors.
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. The company has dozens of pending and granted patents and was identified as a Top 25 Technology Company To Watch by The Wall Street Journal.
Argus raised $4 million in September 2014 from Magma Venture Partners, Vertex Ventures, Motus Ventures and from venture capitalist Zohar Zisapel. In September 2015, Argus raised Series B funding totaling $26 million from Allianz Digital Corporate Ventures, Allianz SE, Magma Venture Partners, Magna International, OurCrowd, Vertex Ventures and venture capitalists Zohar Zisapel and Eyal Gura.
As a result of an acquisition in November 2017, Argus Cyber Security will be part of Germany's Continental's subsidiary Elektrobit.
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.