How 2 Founders Sold Their Startup to Aqua Security in a Year

Speed is a recurring theme in this episode of The Tech Founder Odyssey. Also, timing.

Eilon Elhadad and Eylam Milner, who met while serving in the Israeli military, discovered that source code leak was a hazardous side effect of businesses’ need to move fast and break things in order to stay competitive.

“Every new business challenge leads to a new technological solution,” said Elhadad in this episode of The New Stack's podcast series. “The business challenge was to deliver product faster to the business; the solution was to build off the supply chain. And then it leads to a new security attack surface.”

Discovering this problem, and finding a solution to it, put Milner and Elhadad in the right place at the right time — just as the tech industry was beginning to rally itself to deal with this issue and give it a name: software supply chain security.

It led them to co-found Argon Security, which was acquired by Aqua Security in late 2021 for what Elhadad told The New Stack was just under $30 million, a bit over a year after Argon started.