Argus Cyber Security Raises $26M In Series B

September 15, 2015 | The Israeli automotive cyber security startup Argus Cyber Security announced that it raised $26 million in Series B funding. The funds were raised from Magna International, Allianz SE, the SBI Group and existing investors Magma Venture Partners, Vertex Venture Capital, and Zohar Zisapel. The funding will be used to support the rapid expansion of Argus’ development and customer support teams as market demand dramatically increases. Argus was founded in 2013 by Oron Lavi, Yaron Galula and Ofer Ben Noon.