OTORIO

OT Cyber Security Solutions

Cyber Security
Acquired (Inactive) by Armis on Mar 2025 - closed due to acquisition

Company Overview

Snapshot

Founded in December 2017 by Danny Bren and Yair Attar, OTORIO operates with 11–50 employees. The company was acquired by Armis in March 2025, marking a significant exit in the cybersecurity landscape.

Business overview

OTORIO provides comprehensive OT Cyber Security solutions, offering a Cyber Risk Management Platform designed to enhance visibility and facilitate tailored risk management. The platform leverages operational context for risk analysis, generating insights that support stakeholder collaboration for prioritizing risk reduction and optimizing resource allocation. OTORIO's offerings ensure resilient, compliant business operations and robust supply chain governance, specifically protecting ICS-CPS environments. The company also delivers a broad portfolio of services, including converged-environment cyber risk assessment, threat intelligence, incident response, penetration testing, and training, serving industries such as automotive, transportation, manufacturing facilities, and pharmaceuticals.

Strategic signal

In March 2025, OTORIO was acquired by Armis for $120 million, a move that significantly bolsters Armis's capabilities in cybersecurity for physical spaces. This acquisition signals a strategic consolidation within the OT security market, indicating a growing demand for specialized solutions to protect industrial control systems and critical infrastructure. For investors, this highlights the increasing valuation and strategic importance of companies addressing operational technology security challenges.

Company Intelligence Q&A

What was a significant recent corporate development for OTORIO?
In March 2025, OTORIO was acquired by Armis for $120 million to enhance cybersecurity in physical spaces, marking a key exit for the company.
What was OTORIO recognized for in October 2023?
In October 2023, OTORIO was named "Policy Management Solution Provider of the Year" in the 7th Annual CyberSecurity Breakthrough Awards Program.
What patent did OTORIO secure in May 2023?
In May 2023, OTORIO secured a U.S. patent for an innovative operational network risk mitigation system and method.
What partnership did OTORIO announce in September 2023?
In September 2023, OTORIO and HSB launched a warranty that leverages risk management strategies to enhance insurability and protect operational efficiency.
What organizational change occurred at OTORIO in March 2025?
In March 2025, OTORIO shed 45 employees, with 25 based in Israel, as part of a restructuring following its acquisition.

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