Armis, a leader in cyber risk management and security, has raised $435 million in a pre-IPO funding round. This boosts the company’s valuation to $6.1 billion. Goldman Sachs Alternatives’ Growth Equity practice led this round. CapitalG played a big role, backed by existing investors and new partner Evolution Equity Partners.
This investment shows how fast Armis is growing. The company recently surpassed $300 million in Annual Recurring Revenue. That’s a 50% increase from last year. More than 40% of Fortune 100 companies use Armis’ security solutions. This includes seven of the top ten firms. Armis is active in sectors like manufacturing, aviation, financial services, healthcare, and government.
Yevgeny Dibrov, CEO and co-founder of Armis, said: “This funding round represents another major milestone on our journey of building a cybersecurity company that can reshape the industry. Our growth reflects that organizations are embracing one single security strategy anchored around exposure management, and this funding round is a testament to investor confidence in Armis as a global cybersecurity leader. At the heart of Armis, our team shares one common purpose: our customers always come first.”
The new funding will accelerate Armis’s three-year roadmap, targeting $1 billion in ARR as it prepares for its IPO. The investment will further drive innovation, strengthen global operations, and support strategic acquisitions. In the last two years, Armis has made three acquisitions. This helps them grow their skills in cloud computing, AI, and operational technology security. These acquisitions have added millions in revenue. The company is also looking into more ways to grow, both organically and through new purchases.
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Irit Kahan, Managing Director of Growth Equity at Goldman Sachs Alternatives, said: “Armis is a truly differentiated cybersecurity platform experiencing exceptional growth. We believe it is redefining cyber risk exposure management by providing complete and unified visibility and turning blind spots into intelligence. With its exceptional founding team and customer-centric culture in place, the company has forged successful partnerships and continues to grow with the world’s largest companies and public sector organizations.”
Derek Zanutto, General Partner at CapitalG, said, “Since our initial investment in Armis in 2019, we have redoubled our efforts toward the company, as we are increasingly convinced of the potential of its technology and leadership. Armis is poised to become a multi-generational cybersecurity giant. We feel privileged to continue working with Yevgeny, Nadir, and the entire leadership team as they move closer to their goal of $1 billion in ARR and an IPO.” Founded in 2016, Armis secures the unseen connections that sustain modern digital infrastructure. The company safeguards the whole attack surface and controls cyber risks in real time extending protection from underground infrastructure to the cloud (“from the ground to the cloud”).
Armis Centrix™ is their main platform. It provides ongoing visibility, intelligence, and control over all connected assets and environments. Armis helps organizations stay ahead of changing threats. It protects the security and strength of key infrastructure, global economies, and daily life.