CyberX
Israeli industrial and IoT security company founded by graduates of the IDF's Matzov encryption unit; bought by Microsoft in 2020
| CyberX
| |
|---|---|
| Type | Subsidiary (acquired) |
| Founded | 2013 |
| Founder(s) | Omer Schneider, Nir Giller |
| Industry | Industrial control system and IoT security |
| Parent | Microsoft (from 2020) |
CyberX was an Israeli cyber-security company that made security software for industrial networks and internet-of-things devices. It was founded in 2013 by Omer Schneider and Nir Giller, and Microsoft announced its acquisition in June 2020.[1]
Founders and military links
Ctech described Schneider and Giller as "graduates of the Israeli military’s Center for Encryption and Information Security", known as Matzov.[1]
Ownership
Ctech reported that the terms were not disclosed but that, according to an earlier Calcalist report, the deal was worth $170 million. CyberX had raised $48 million; its latest round was led by Northwest, with Galilee Capital, Flint Capital, Qualcomm Ventures, GlenRock Group and OurCrowd also investing.[1]
See also
Notes
- ↑ 1.0 1.1 1.2 Hagar Ravet, Microsoft announces the acquisition of Israeli IoT security firm, CyberX Ctech, 22 June 2020, accessed 21 October 2026.