Octopus Systems

Company Overview

Snapshot

Founded in April 2013 by Baruch Tagori and Tal Bar Or, Octopus Systems operates with 11–50 employees. The company has secured funding across 3 rounds from 3 investors. In September 2020, Octopus Systems partnered with Convergint Technologies to expand its pandemic solutions to the U.S. market.

Business overview

Octopus Systems develops a revolutionary fusion platform that integrates physical security, cybersecurity, IoT, and big data technologies. This solution provides automated analysis and workflows for managing technologies, assets, people, and incidents from a single interface. The company serves a diverse global clientele, including smart cities, governments, banks, financial institutions, retailers, logistical companies, critical infrastructure, oil and and gas, power companies, law enforcement, and the military, operating primarily within the Cyber Security sector.

Strategic signal

In September 2020, Octopus Systems partnered with Convergint Technologies to introduce its employee and visitor screening solution to businesses and schools across the U.S. This collaboration is significant as it leverages Octopus Systems' command and control system to offer smart screening and monitoring capabilities, enabling safer economic reopening during and after the pandemic. For investors, this signals a strategic expansion into the U.S. market and a timely adaptation of its core technology to address pressing public health and safety needs, demonstrating strong growth potential and market responsiveness.

Company Intelligence Q&A

What was the most recent strategic partnership for Octopus Systems?

In September 2020, Octopus Systems partnered with Convergint Technologies to bring its pandemic solutions, including employee and visitor screening, to the U.S. market.

Which award did Octopus Systems receive in June 2020?

In June 2020, Octopus Systems received the Frost & Sullivan Award for its Smart and Safe City Platform.

How did Octopus Systems contribute to pandemic response efforts in Israel?

In June 2020, Octopus Systems' technology was deployed in Bnei Brak, Israel, to help control a significant COVID-19 outbreak, demonstrating its application in public health crises.

When was Octopus Systems recognized by Red Herring?

In October 2018, Octopus Systems was featured on the 2018 Red Herring Top 100 Global list, recognizing it as one of the most exciting startups globally.

Which investor participated in Octopus Systems' June 2017 funding round?

In June 2017, Octopus Systems raised $5.25 million in a financing round from Awz Ventures, a Canadian venture capital fund.