Indegy

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Israeli industrial-control-system (OT) security company founded in 2014 by Unit 8200 graduates; bought by Tenable in 2019 for $78 million

Indegy

Trade name Indegy Ltd
Logo Indegy logo.png
Indegy logo
Type Acquired by Tenable (2019)
Founded 2014
Founder(s) Barak Perelman, Mille Gandelsman, Ido Trivizki
Headquarters Tel Aviv, Israel
Industry Cyber security; industrial control systems
Services Monitoring and protection of SCADA and other industrial control systems in critical infrastructure
Parent Tenable

Indegy (Indegy Ltd) was an Israeli cyber-security company based in Tel Aviv that protected industrial control systems, such as the SCADA systems used in water and power plants and pipelines, against cyber-attack.[1] It was founded in 2014 by Barak Perelman, Mille Gandelsman and Ido Trivizki, whom Techtime described as "all graduates of the IDF's prestigious cyber unit 8200" (Unit 8200).[1] The US company Tenable bought it in December 2019 for about $78 million in cash.[2]

History

In July 2016 Indegy raised $12 million in a round led by Vertex Ventures Israel, the Silicon Valley firm Aspect Ventures and Japan's SBI Holdings, with its earlier investors Shlomo Kramer and Magma Venture Partners, bringing its total funding to about $18 million.[1] By 2019 it had raised $36 million, from investors including Liberty Technology Venture Capital, Shlomo Kramer, Centrica and Magma Venture Partners, according to Ctech.[3] Ctech said its technology was used by manufacturing, pharmaceutical, energy and water companies.[3]

On 2 December 2019 Tenable's subsidiary Tenable, Inc. agreed to buy all of Indegy's shares for "approximately $78 million in cash", according to Tenable's filing with the US Securities and Exchange Commission.[2][4] Ctech reported that Tenable would set up a development centre in Israel after the deal.[3] Perelman became Tenable's vice-president for OT security.[5]

Founders and military service

  • All three founders were "graduates of the IDF's prestigious cyber unit 8200", according to Techtime (Unit 8200; Intelligence Corps).[1]
  • Barak Perelman, co-founder and chief executive: Tenable's profile says that he "is a graduate of Israel's elite Talpiot military academy" (Talpiot) and that "Before founding Indegy, Barak led large-scale cyber security projects in the IDF and received commendations for his service achievements".[5]
  • Mille Gandelsman, co-founder.[1]
  • Ido Trivizki, co-founder.[1]

See also

Notes

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 Techtime, Israeli Cybersecurity firm Indegy raises $12 million Techtime, 13 July 2016, accessed 10 November 2026.
  2. ↑ 2.0 2.1 Tenable Holdings, Inc., Form 8-K US Securities and Exchange Commission, 2 December 2019, accessed 10 November 2026.
  3. ↑ 3.0 3.1 3.2 Meir Orbach, Tenable Acquires Cybersecurity company Indegy Ctech, 3 December 2019, accessed 10 November 2026.
  4. ↑ Mike Lennon, Tenable Acquires OT Security Firm Indegy for $78 Million SecurityWeek, 3 December 2019, accessed 10 November 2026.
  5. ↑ 5.0 5.1 Tenable, Barak Perelman Tenable, accessed 10 November 2026.