Armis, the cyber exposure management and security company, went through a pre-IPO funding round of US$435 million, bringing the company’s valuation to $6.1 billion.
The round was led by Growth Equity at Goldman Sachs Alternatives with major participation from CapitalG, and was joined by new investor Evolution Equity Partners, alongside several existing investors.
The investment round comes amid continued growth, with the company recently surpassing $300 million in annual recurring revenue (ARR), growing over 50%.
Armis helps protect leading organisations around the globe, including manufacturers, airlines, financial services firms, healthcare institutions, and state and federal agencies.
Founded in 2016, Armis secures the unseen connections that power modern society, protecting the full attack surface and managing cyber risk in real time from ground to cloud for critical infrastructure worldwide.
The Armis Centrix platform delivers continuous visibility, intelligence, and control across every asset and environment, enabling organisations to stay ahead of threats and ensure the safety and resilience of essential services, economies, and daily life around the clock.
Yevgeny Dibrov, CEO and co-founder of Armis, said the additional capital comes to fuel Armis’ momentum as it executes on its three-year plan, with Armis projecting to reach $1 billion in annual recurring revenue and undertaking preparations for an initial public offering.
The funding will also support continued product innovation, go-to-market expansion, and strategic acquisitions. Over the past two years, Armis has completed three M&A deals, expanding its capabilities across cloud, AI, and operational technology security.
These acquisitions are already generating millions in incremental revenue, and the company continues to evaluate new opportunities for both organic and inorganic growth.
Irit Kahan, managing director in growth equity at Goldman Sachs Alternatives, said the Armis platform is redefining cyber exposure management by providing a comprehensive and unified layer of visibility, turning blind spots into sources of intelligence.
