CPX acquires spiderSilk, a cybersecurity AI company

UAE-based CPX announced that it has acquired spiderSilk, a cybersecurity AI startup based in the UAE, renowned for its exposure management platform.

spiderSilk was founded in the UAE in 2019 by Rami El Malak and Mossab Hussein.
It develops cyber-AI products and is renowned for its flagship exposure management platform, Resonance.
Currently serves clients in both public and private sectors, and operates a research center dedicated to developing cybersecurity solutions
The acquisition will enhance CPX’s cybersecurity offering with additional advanced solutions.
Both parties aim to expand into key international markets, including North America, Saudi Arabia, and the GCC.
In 2023, spiderSilk announced the closure of a $9 million funding round led by Wa’ed Ventures, with participation from STV and Global Ventures.

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