Paragon
Smartphone Surveillance Solutions for Government Agencies
Company Overview
Snapshot
Founded in April 2019 by Idan Nurick, Ehud Barak, Ehud Schneorson, Liad Avraham, and Igor Bogudlov, Paragon operates with over 500 employees. The company has raised a total of $30 million across one funding round from 3 investors. In December 2024, Paragon was acquired by AE Industrial Partners.
Business overview
Paragon is an offense-focused cyber company specializing in digital intelligence for smartphone and internet surveillance solutions. The company develops technology to extract information from targeted devices, specifically focusing on conversations within chat applications. Paragon works exclusively with police forces and intelligence agencies in 39 countries that meet its standards for enlightened democracies, operating within the Cyber Security sector.
Strategic signal
In June 2025, Paragon announced plans to hire approximately 150 additional employees to staff two new floors in its Tel Aviv tower. This expansion signals a significant growth phase for the company, indicating increasing demand for its surveillance solutions and a strategic move to scale its operations and workforce following its acquisition.
Log in to access full profile ›Company Intelligence Q&A
- When was Paragon acquired?
- Paragon was acquired by AE Industrial Partners in December 2024.
- What is Paragon's core business?
- Paragon is a cyber company that provides smartphone and internet surveillance solutions using digital intelligence, primarily for government agencies.
- Which investors participated in Paragon's funding round?
- In August 2021, Paragon received funding from IBI Tech Fund and Battery Ventures.
- What was the total capital raised by Paragon?
- Paragon raised a total of $30 million across one funding round.
- What is the current employee count at Paragon?
- Paragon currently has over 500 employees.