Cybersecurity Pre IPO

US Cybersecurity Firm Armis Raises $435 Million in Pre-IPO Funding, Valued at $6.1 Billion


Armis, a leading cybersecurity company specializing in cyber exposure management, has successfully raised $435 million in a recent pre-initial public offering (IPO) funding round, significantly boosting its valuation to $6.1 billion. The round was primarily led by Growth Equity at Goldman Sachs Alternatives, with major participation from CapitalG—Alphabet’s venture capital arm—and new investor Evolution Equity Partners, alongside several existing investors.

Founded in 2016 and headquartered in San Francisco, Armis offers a unified security platform designed to protect connected devices and operational technology in enterprises across various critical sectors, including manufacturing, finance, healthcare, aviation, and government. The firm’s Centrix platform delivers continuous asset visibility, threat intelligence, and automated control across both on-premise and cloud environments, addressing a growing need for comprehensive cyber risk management in an increasingly interconnected digital world.

The funding round comes at a time when Armis has recently surpassed $300 million in annual recurring revenue (ARR), reflecting a growth rate exceeding 50% year-over-year. The company’s strong performance and accelerating customer adoption underline its position as a market leader in the cybersecurity space, protecting over 40% of the Fortune 100 companies, including seven of the top ten.

CEO and co-founder Yevgeny Dibrov described the funding as a defining moment in Armis’s journey to build a “category-defining cybersecurity company.” He stated that the growth demonstrates organizations’ increasing embrace of unified cyber exposure management and signals investor confidence in Armis’s leadership and innovation.

The capital raised through this round will be utilized to accelerate Armis’s three-year strategic roadmap, which aims to reach $1 billion in ARR and prepare for a public listing, potentially in late 2026 or early 2027. The funds will also support continued product innovation, expansion of go-to-market efforts, and strategic acquisitions to enhance cloud, artificial intelligence (AI), and operational technology (OT) security capabilities.

Armis has completed three mergers and acquisitions over the last two years, broadening its technical capabilities and market reach. These acquisitions have contributed millions in incremental revenue, and the company is continuously evaluating opportunities for both organic growth and further acquisitions.

Irit Kahan, Managing Director at Goldman Sachs Alternatives Growth Equity, praised Armis for redefining cyber exposure management by turning visibility gaps into actionable intelligence. She emphasized Armis as a differentiated platform with impressive growth momentum and a clear path to becoming a cybersecurity and Software-as-a-Service (SaaS) titan.

As cybersecurity threats escalate globally, especially targeting critical infrastructure and enterprise systems, companies like Armis are crucial in safeguarding operations and ensuring resilience against increasingly sophisticated cyberattacks.

In summary, Armis’s $435 million pre-IPO funding round at a $6.1 billion valuation marks a significant milestone for the company as it rapidly scales its cyber exposure management platform. The investment underscores solid market confidence in Armis’s technology and strategic direction as it moves toward achieving $1 billion in ARR and plans its public market debut.

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