CPX Holding Acquires AI Startup SpiderSilk to Expand Cybersecurity Reach Globally

3 min
CPX Holding has acquired the AI cybersecurity startup SpiderSilk to bolster its threat-detection capabilities.
Both companies plan to expand into international markets, including Saudi Arabia and North America.
SpiderSilk, founded in 2019, secured $9 million in funding led by Wa'ed Ventures.
This acquisition combines CPX’s analytics with SpiderSilk’s AI for enhanced cybersecurity solutions.
The deal underscores the growing importance of advanced methods in cybersecurity protection.
In a significant step for the cybersecurity scene in the Middle East, UAE-based CPX Holding, part of Abu Dhabi’s G42 group, has just snapped up the AI cybersecurity startup SpiderSilk. The deal underscores CPX’s ambitions to integrate its own highly-regarded threat-detection know-how with SpiderSilk’s cutting-edge defensive AI tech, particularly their innovative Resonance platform.
This strategic move is set to help both companies ramp up their presence beyond the UAE’s borders. Word is they'll be eyeing up growth opportunities in key international markets, especially Saudi Arabia, North America, and neighbouring Gulf states, while keeping firm roots in the Emirates as a hub of cyber innovation.
SpiderSilk has certainly enjoyed a rapid rise since founders Ramy Al Malak and Mosab Hussein first set it up in 2019. Specialising in AI security agents and knowledge graph tech, they've already secured substantial business with regional governments and private sector players. Just last November, the company wrapped up a boost of $9 million in funding. That hefty investment round was headlined by Wa'ed Ventures, Aramco's venture capital arm, with participation from noteworthy investors such as STV and Global Ventures. That's not even counting a previous investment round in 2021, when SpiderSilk bagged a tidy $2.25 million to further develop its technology.
For CPX, bringing SpiderSilk on board seems an attractive proposition indeed, allowing them to offer clients a much more comprehensive suite of solutions against the constantly evolving threats of the digital world. Integrating CPX’s threat analytics and SpiderSilk’s tech could be the cybersecurity equivalent of pairing a hearty Sunday roast with just the right gravy—a perfect match that leaves little wanting.
Deals like these emphasise just how crucial cybersecurity has become, as digital risks are getting more sophisticated, prompting companies in the Gulf—and beyond—to seek ever more advanced methods of defence and detection. Cybersecurity isn’t just about strong passwords or anti-virus anymore—it’s a high-stakes arms race in AI and innovation. And CPX, evidently, isn't wasting any time sharpening their weapons here.
But as readers of Arageek well know, in this rapid whirl of tech mergers and advancements, we'll all have to keep an eye out to see whether these ambitious mergers result in genuinely safer cyber-spaces, or if they end up creating new chalenges of their own.
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