Cybersecurity Leader Armis Secures $435 Million in Pre-IPO Funding
Armis, a company specializing in cyber exposure management and security, has closed a $435 million funding round, valuing the company at $6.1 billion. This round was led by Growth Equity at Goldman Sachs Alternatives and included major investments from CapitalG, with new participation from Evolution Equity Partners and several existing investors.
Company Growth and Market Reach
The funding round reflects Armis' strong growth, having recently exceeded $300 million in Annual Recurring Revenue (ARR) with a growth rate over 50%. Armis protects a wide range of organizations globally, including over 40% of the Fortune 100 companies—7 of which are in the Fortune 10—spanning industries such as manufacturing, airlines, financial services, healthcare, and government agencies.
CEO's Statement
“This round marks another defining moment in our journey to build a category-defining cybersecurity company. Our growth proves that organizations are embracing a unified, exposure-based approach to security, and the round signals investors’ belief in Armis as a leader in cybersecurity. At the heart of Armis is a team driven by one goal: putting our customers first.”
— Yevgeny Dibrov, CEO and Co-Founder of Armis
Future Plans
The recent capital injection will accelerate Armis' execution of its three-year strategy, aiming to reach $1 billion in ARR while preparing for its initial public offering (IPO).
Summary: Armis has raised $435 million, reaching a $6.1 billion valuation, driven by strong ARR growth and plans for a $1 billion revenue target ahead of its IPO.