Argus Cyber Security Secures $26M Series B Funding

ArgusInvTEL AVIV, Israel, Sept. 10, 2015 /PRNewswire/ — Argus Cyber Security, a pioneer in automotive cyber security, today announced it raised $26M in Series B funding. The round includes Magna International, Allianz SE, the SBI Group and existing investors Magma Venture Partners, Vertex Venture Capital and the Co-Founder of the RAD Group, Mr. Zohar Zisapel. The new funding will support the rapid expansion of Argus’ development and customer support teams as market demand dramatically increases.

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