Cybellum

Cyber Security for Automotive Component Manufacturers and OEMs

Cyber Security
Acquired by LG Electronics on Sep, 2021

Company Overview

Snapshot

Founded in January 2016 by Aviram Jenik, Slava Bronfman, and Michael Engstler, Cybellum operated with 11–50 employees. The company secured funding across two rounds from investors Blumberg Capital and Target Global, before being acquired by.

Business overview

Cybellum specializes in providing cybersecurity solutions for automotive component manufacturers and OEMs. The company offers a cyber-security X-ray system designed to continuously scan every component received, integrated, and produced. Its core technology includes live monitoring and threat intelligence, ensuring that deployed vehicles are continuously monitored for new threats and vulnerabilities. Cybellum also extends its technology to medical device OEMs and suppliers, enabling secure IoMT product development and maintenance through vulnerability management and compliance validation. The company operates within the Cyber Security sector, with a focus on industrial security, GRC & vulnerability, and digital twin technologies, serving the automotive and industrial manufacturing markets.

Strategic signal

In September 2021, Cybellum was acquired by LG Electronics, marking a significant exit for the company and its investors. This acquisition highlights the increasing importance of cybersecurity within the automotive industry and LG's strategic move to enhance its capabilities in this critical area, signaling a consolidation trend in the market for specialized automotive security solutions.

Company Intelligence Q&A

When was Cybellum founded?
Cybellum was founded in January 2016.
Who are the founders of Cybellum?
The founders of Cybellum are Aviram Jenik, Slava Bronfman, and Michael Engstler.
When was Cybellum acquired?
Cybellum was acquired by LG Electronics in September 2021.
What was a key partnership for Cybellum in 2021?
In July 2021, Toyota Tsusho and Cybellum joined forces to provide automated cyber risk assessment for Japanese automotive manufacturers.
What was a significant technology partnership for Cybellum in 2022?
In February 2022, Cybellum announced a new technology partnership with SIEMENS Polarion.

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