Last updated 2026-09-28
- Acquired by AE Industrial Partners for $900M, Dec 2024
- Raised $500M Series B led by GFC, Dec 2024
- Raised $13M Series A led by Jude Gomila, Jul 2022
Total raised
$518.0M
Last: B Round 2024-12
Stage
Acquired
Founded
2019
Headcount
500
HQ
Tel Aviv, Israel
Sector
Cyber Security
About
Paragon Solutions is an Israeli cybersecurity company founded in 2019. It develops applications capable of remotely accessing encrypted instant messaging communications, providing law enforcement and intelligence agencies with tools to monitor and analyze digital data. The company's flagship product, Graphite, is a spyware application that can infect mobile phones without user knowledge, granting access to messages and encrypted chats. Paragon operates with strict ethical guidelines, collaborating exclusively with police forces and intelligence agencies in countries that meet democratic standards, though it has faced scrutiny regarding the use of its software.
Funding history · 3 rounds · $518.0M total
3 events/rounds · $518.0M Total Funding: $518.0M in Private Equity
Dec 2024
Jul 2022
A Round
$13.0M
useparagon.com
Offices
Tel Aviv, Israel · HQ / main office
Team · 10
Idan Nurick
Founder · CEO & Co-Founder
Ehud Schneorson
Founder · Co-founder & Chairman
Ehud Barak
Founder · Co-founder & Board Member
Igor Bogudlov
Founder · CTO & Co-Founder
Liad Avraham
Founder · CRO & Co-Founder
Eyal Raz
CFO
Daniel Drizin
VP, Engineering
Reut Elimelech
VP, Product Management
Eden Poran-Harel
VP, HR
Aaron Rinberg
Board Observer
Sectors & technology
Primary sector
Cyber Security
Target customers
Business model
B2G
Tags
cyber-securitycyber-intelligencespywaresurveillance-technologydigital-intelligence
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | paragonsolutions.io |
|---|
Identifiers & details
| Legal name | Paragon Solutions Ltd. |
|---|---|
| Founded | 2019-4 |
| Employees (exact) | 500 |
Acquisitions & public offerings
Acquired by AE Industrial Partners 2024-12 $900.0M