{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAoIn9_rsKDA","lastupdate":"2024-01-04T00:00:00.000Z","update_date":"2024-01-04T00:00:00.000Z","lastModified":"Mar 7, 2025","active":1,"confidence_score":100,"confidence_score_reason":"markets","urlname":"otorio","minimal_profile":null,"status":"Acquired","fullstatus":"Acquired by Armis on Mar, 2025","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$iggVilTda0l5VUu5JJOOSd1ZmPw12qmGMT6AjLLV3ohsMUIwWJBh1S.png","name":"OTORIO","oneliner":"OT Cyber Security Solutions","registrar":"515752103","website":"https://www.otorio.com/","careerspage":"https://www.otorio.com/careers","founded_month":12,"founded_year":2017,"formernames":["BAA CYBER INNOVATIONS"],"sociallinks":{"twitter":"https://twitter.com/OTORIO_Cyber","youtube":"https://www.youtube.com/channel/UC9N5VkeMfGHbPYqKxEPgMVw","facebook":"https://www.facebook.com/OTORIO.CYBER","linkedin":"https://www.linkedin.com/company/19059899","instagram":""},"social":["https://twitter.com/OTORIO_Cyber","https://www.youtube.com/channel/UC9N5VkeMfGHbPYqKxEPgMVw","https://www.facebook.com/OTORIO.CYBER","https://www.linkedin.com/company/19059899"],"flattenedsociallinks":"https://twitter.com/OTORIO_Cyber|https://www.youtube.com/channel/UC9N5VkeMfGHbPYqKxEPgMVw|https://www.facebook.com/OTORIO.CYBER|https://www.linkedin.com/company/19059899","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"11-50","employees_exact":47,"patent":1,"raised":50000000,"stage":"Acquired","public_stage":"Acquired","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4PuDstIIDA","primary_sector":"Cyber Security","alternativenames":[""],"about":"OTORIO is a provider of OT Cyber Security solutions delivering a Cyber Risk Management Platform designed to support every stage of the maturity journey, from unmatched visibility to tailored risk management. OTORIO’s platform enables organizations to make informed decisions that boost security ROI and meet KPIs. \n\nThe platform leverages operational context for risk analysis, generating insights that empower stakeholder collaboration to prioritize risk reduction and optimize resource allocation. \nWith continuous monitoring and automated reporting, OTORIO's platform ensures resilient, compliant business operations and robust supply chain governance.\nOTORIO is dedicated to seamlessly protecting ICS-CPS environments.\n\nIn addition, OTORIO offers a broad portfolio of services including converged-environment cyber risk assessment, threat intelligence, incident response, penetration testing, and training.","climatetech_description":null,"is_climatetech_relevant":null,"phone":"+972545223813","country":null,"address":{"israeli":[{"id":"08b440e3-bb00-4120-8fa3-30a53f5c5567","city":"Tel Aviv-Yafo","type":null,"address":"HaMasger Street 39, Tel Aviv-Yafo, Israel","placeid":null,"notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"780ac6e9-b129-4f88-afaf-b9e9d2b641ff","city":"Wien","address":"Eibesbrunnergasse 20, Vienna, Austria","country":"Austria","placeid":null}]},"headquarter_address":null,"district":"Center District","news":[{"id":"j2jU08OahvGjnxNLD9ZICHlsZf0MT8PAWGKENUs1P5BcRVaoAgNlCX","date":"Mar 17, 2025","link":"https://www.calcalistech.com/ctechnews/article/sjz9nob2jl","source":"www.calcalistech.com","visible":1,"analysis":{"date":"Tue Mar 18 2025","status":-1,"message":"","entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"DrHapAbWTnRv8GVDL1Nmi2oLH0afIwZg5aXe4VJPPd7UXYmmVNZDNp","news_summary":"The cybersecurity company sheds 45 employees, with 25 based in Israel, as part of restructuring.","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"Q4e03VWB9dnfvumAXaeeGsIOyOLuNZ2i7sPq1L6yyl39TymkY4AOlA","date":"Mar 6, 2025","link":"https://techcrunch.com/2025/03/06/armis-buys-otorio-for-120m-to-beef-up-cybersecurity-in-physical-spaces/","source":"techcrunch.com","visible":1,"analysis":{"date":"Tue Mar 18 2025","status":-1,"message":"","entityGrowthIconPath":"none;"},"sentiment":null,"analysisId":"tNqnRo4HeQ3Tx9YhZXoKgxcIykiVYQw33MjnUyDuZmkoI63smUKO83","news_summary":"Armis buys Otorio for $120M to beef up cybersecurity in physical spaces | TechCrunch","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"9iEPvzG3uc78jeqggHy9Y1PdLoCqtup9PgyMI2VY6p2oYh1MJcCD2m","date":"Feb 13, 2025","link":"https://www.prnewswire.com/il/news-releases/otorio-unveils-csav-framework-a-new-approach-to-assessing-risk-in-assets-without-published-vulnerabilities-302376004.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"cybersecurity","round":null,"company":"OTORIO","layoffs":null,"summary":"OTORIO, a leading provider of OT cybersecurity solutions, has introduced the CSAV (Compensating Scoring for Asset Vulnerability) Framework, a new methodology for quantifying cybersecurity risks in operational technology (OT) assets that lack published CVEs. The framework was presented by Yair Attar, Co-Founder and CTO of OTORIO, at the S4*25 conference. The CSAV Framework aims to address the challenge of evaluating risks in OT devices that are not covered by traditional vulnerability databases. By leveraging specific vendor and asset parameters, the framework provides a more actionable risk evaluation. 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The findings highlight the need for a comprehensive revaluation of building access control measures.","partners":"Andritz","customers":"Not mentioned","investors":"Andritz","confidence":8,"key_topics":["Physical Access Control Systems","Security Risks","Unauthorized Access","Internal IP Networks","Open Supervised Device Protocol"],"date_of_event":"2023","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":"Customers","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"huKtvJPpGIEZtCjPXKDd7e5hzAqgY1b3AL0u3god8BcwddJz6a54ny","news_summary":"OTORIO Researchers Uncover Critical Vulnerabilities in Building Security Systems","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"hW2tPKvopu4j0Yu77wHXUzqi7VRJOOoDfem93XsgfOQj2cbteyHCBE","date":"Oct 31, 2023","link":"https://www.prnewswire.com/news-releases/otorio-named-cutting-edge-in-ot-security-solution-in-11th-annual-top-infosec-innovator-awards-301973074.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Award, Cybersecurity","company":"OTORIO","layoffs":"N/A","summary":"OTORIO, a provider of OT cyber risk management solutions, has been named Cutting Edge in OT Security Solution in Cyber Defense Magazines 11th Annual InfoSec Innovator Awards. OTORIOs RAM² solution serves as a comprehensive and proactive OT cyber risk management solution, helping industrial manufacturers and critical infrastructure organizations stay ahead of cyber threats and reduce OT and IIoT security risks and vulnerabilities. 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The award was granted by CyberSecurity Breakthrough, an independent market intelligence organization. OTORIOs RAM² platform, which protects industrial control systems and cyber-physical systems, was recognized for its robust security controls and risk assessment capabilities. The platform also helps organizations demonstrate policy compliance with stringent OT security regulations and standards, thereby avoiding penalties and fines.","partners":"CyberSecurity Breakthrough","customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Award Win","Cybersecurity","Risk Management","Policy Compliance","Operational Efficiency"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Customers"],"acquisition_amount":"N/A","structuredIssuesShow":"#Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"hQ72llS8j2WUfUYRH4h7naxMFC8BPRHRznWGJI7x58xCnXfknRuQom","news_summary":"OTORIO Named \"Policy Management Solution Provider of the Year\" in 7th Annual CyberSecurity Breakthrough Awards Program","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"FDvqBvlmHQgRCsuFhXnt5DQ0MQxmRGEigkLKrhCC3WjfSNabR6P6It","date":"Sep 27, 2023","link":"https://www.prnewswire.com/news-releases/otorio-and-hsb-launch-warranty-that-leverages-risk-management-strategies-to-enhance-insurability-and-protect-operational-efficiency-301939549.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Partnership, Cybersecurity","company":"OTORIO and HSB","layoffs":"N/A","summary":"Operational technology (OT) cyber and digital risk management solutions provider OTORIO and specialty insurer HSB have announced a collaboration to raise awareness of OT security and risk reduction. As part of the collaboration, they have developed a limited performance warranty supporting the implementation of OTORIOs OT security cyber risk management solutions into various business applications. The warranty covers OT equipment protected by OTORIOs Risk Assessment, Monitoring and Management (RAM²) platform or has undergone an OTORIO spOT risk assessment and has been optimized as recommended.","partners":["HSB"],"customers":"N/A","investors":"N/A","confidence":9,"key_topics":["Cybersecurity","Insurance","Risk Management","Collaboration","Warranty"],"date_of_event":"N/A","valuation_amount":"N/A","impact_on_company":"growth-positive","investment_amount":"N/A","structured_issues":["Partners","Customers"],"acquisition_amount":"N/A","structuredIssuesShow":"#Partners  #Customers","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"63nEfarNI0AIm8MLznZccxGW8XCXLJjaIq6yRCABOJiDVmRtUO1hIN","news_summary":"OTORIO and HSB Launch Warranty That Leverages Risk Management Strategies to Enhance Insurability and Protect Operational Efficiency","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"lCdiIHUCvDDK7OQttmkYkdKKHNSnohPeLnx7nt0P5vQvhx7c7HImKK","date":"Jun 28, 2023","link":"https://www.prnewswire.com/news-releases/otorio-transforms-ot-security-with-advanced-attack-graph-analysis-301865148.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Cybersecurity, Technology","company":"OTORIO","layoffs":"Not mentioned","summary":"OTORIO, a provider of operational technology (OT) cyber and digital risk management solutions, has announced a significant advancement in OT security with the availability of its Attack Graph Analysis technology, integrated into the companys Cyber Digital Twin (CDT) model. The CDT model allows organizations to gain dynamic visual network topology and advanced risk assessment, enabling proactive management of vulnerabilities in their OT infrastructure. The announcement follows OTORIOs recent securing of a patent from the U.S. Patent and Trademark Office for its risk management model and attack graph analysis algorithm.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":8,"key_topics":["Cybersecurity","Risk Management","Operational Technology","Attack Graph Analysis","Cyber Digital Twin"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Customers","Investment"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"bOqipKisb4DYCoIvsCzh5fz49AkUcl5wdgABis2DNhiihJoe3nzrGo","news_summary":"OTORIO Transforms OT Security with Advanced Attack Graph Analysis","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a03h0BTs1yhajdka3h3tDlHoiKPPXrVmBZLh0IUa90qpPWO7JsY83u","date":"May 2, 2023","link":"https://www.prnewswire.com/il/news-releases/otorio-secures-us-patent-for-innovative-operational-network-risk-mitigation-system-and-method-301812412.html","source":"www.prnewswire.com","visible":1,"analysis":{"tags":"Cybersecurity, Patent","company":"OTORIO","layoffs":"Not mentioned","summary":"OTORIO, a provider of operational technology (OT) cyber and digital risk management solutions, has secured a patent from the U.S. Patent and Trademark Office (USPTO) for its risk management model and attack graph analysis algorithm. The patent validates OTORIOs proprietary technology and positions it as a pioneer in the OT security market. The patented technology calculates OT cybersecurity threats by analyzing and visualizing four key components -- threat, likelihood, vulnerability, and impact -- and provides risk mitigation actions prioritized according to actual exposure and potential impact on operations.","partners":"Not mentioned","customers":"Not mentioned","investors":"Not mentioned","confidence":9,"key_topics":["Patent Approval","Cybersecurity","Risk Management","OT Security","Algorithm"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"Not mentioned","structured_issues":["Customers","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"4K0o0YftDKbhRLb7tWbkUiwDMFrhzb9ttLiksxPVPen9bn562XbrWC","news_summary":"OTORIO Secures U.S. Patent for Innovative Operational Network Risk Mitigation System and Method","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"867f3bcf-354d-438d-8795-72b15ef89800","date":"Jan 28, 2020","link":"https://www.bloomberg.com/news/articles/2020-01-28/-snake-ransomware-linked-to-iran-targets-industrial-controls","source":"www.bloomberg.com","visible":1,"analysis":{"tags":"cybersecurity, ransomware","company":"Otorio","layoffs":null,"summary":"Israeli cybersecurity firm Otorio believes a new strain of ransomware called Snake was created by Iran and has the ability to lock up or delete industrial control systems. 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