Armis has built a reputation for delivering advanced visibility, security, and risk management solutions across diverse industries
Cyber exposure management leader Armis has successfully closed a dollar 200 million Series D funding round, propelling its valuation to dollar 4.2 billion. Led by General Catalyst and Alkeon Capital, the round also received contributions from returning investors Brookfield Growth and Georgian. This funding will fuel Armis’ five-year strategy to establish itself as a multi-generational cybersecurity leader, bolstering both organic product development and global go-to-market initiatives, while also opening doors for strategic acquisitions.
Armis has built a reputation for delivering advanced visibility, security, and risk management solutions across diverse industries. The company’s platform, Armis Centrix™, enables real-time asset management and cybersecurity solutions, spanning IT, operational technology, medical devices, cloud assets, and software. Major corporations, including United Airlines, Colgate-Palmolive, and Reckitt, rely on Armis to secure their most critical assets.
This latest funding round follows Armis’ recent achievement of surpassing dollar 200 million in Annual Recurring Revenue (ARR), doubling its ARR growth by dollar 100 million in just under 18 months. The company is now setting its sights on reaching dollar 500 million ARR, with the ultimate goal of dollar 1 billion as it eyes a future initial public offering.
In a statement, Armis CEO and Co-Founder Yevgeny Dibrov expressed gratitude for the support of General Catalyst and Alkeon Capital, noting, “Their investment and belief in Armis’ future reflect the strength of our platform and the market need for a comprehensive Cyber Exposure Management platform – from asset management and Cyber Physical systems security to Remediation of vulnerabilities and issues from IT to cloud and the CI/CD pipeline. We remain confident that this is just the beginning for Armis, and we look forward to delivering on our vision of a safer digital world.”
Jonathan Carr, Armis’ CFO, emphasised the company’s commitment to growth and customer focus, stating, “Armis’ history of rapid and global scaling highlights the growing need for organizations to drive toward an asset-centric approach to cybersecurity. This new funding will allow us to continue that rapid pace of value creation for our customers and shareholders, further highlighting our relentless commitment to innovation on our platform.”
Investors shared their enthusiasm for the company’s trajectory. Mark Crane, Partner at General Catalyst, described Armis as “a powerful force in cybersecurity, with tremendous potential to scale rapidly and drive meaningful innovation in the industry.” Abhi Arun, Managing Partner at Alkeon Capital, added, “With a proven track record and rising demand for its solutions, Armis is uniquely positioned to redefine industry standards in the cybersecurity market. We’re excited to collaborate with Armis as it accelerates on its remarkable upward trajectory.”
Amid the rapidly evolving cybersecurity landscape, Armis’ approach to cyber exposure management makes it a key partner for enterprises looking to protect and manage critical assets. The new funding round strengthens its mission to provide comprehensive visibility, risk prioritization, and remediation to help businesses stay ahead of emerging cyber threats.
In addition to General Catalyst and Alkeon Capital, Armis’ investor group includes Insight Partners, CapitalG, Georgian, Brookfield Growth, and One Equity Partners.