Armis, a leader in cyber exposure management and security, has successfully closed a $200 million Series D funding round, elevating its valuation to an impressive $4.2 billion. Led by General Catalyst and Alkeon Capital, and joined by previous investors like Brookfield Technology Partners and Georgian, the funding will drive Armis' five-year strategic plan. This involves innovating cybersecurity products and leveraging growth opportunities globally. Known for its comprehensive security solutions through Armis Centrix™, the company has partnered with big names such as United Airlines and Colgate-Palmolive to safeguard critical IT and software assets.
Celebrating a recent jump in annual recurring revenue to over $200 million, Armis is setting its sights on an IPO, further aiming for significant revenue milestones in the near future.
With an ever-growing demand for its solutions, Armis remains focused on tackling the complex challenges within cybersecurity, maintaining an essential role for enterprises aiming to secure critical assets.