# Armis Secures $200M in Series D, Eyes IPO with $4.2B Valuation
_Armis, a leader in cyber exposure management and security, has successfully closed a $200 million Series D funding round, elevating its valuation to an impress..._
**Published:** 2024-10-28
**Source:** https://www.startuphub.ai/ai-news/funding-round/2024/armis-secures-200m-in-series-d-eyes-ipo-with-42b-valuation
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[Armis](https://www.armis.com/), 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.
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Original analysis from [startuphub.ai](https://www.startuphub.ai), the #1 AI startup directory.