Armis Secures $200 Million in Series D Financing Round led by General Catalyst and Alkeon Capital

Armis, a leading cyber exposure management and security company, has successfully closed a $200 million Series D funding round, significantly boosting its total valuation to $4.2 billion. The investment was spearheaded by prominent investors General Catalyst and Alkeon Capital, in addition to support from existing investors Brookfield Technology Partners and Georgian. This substantial infusion of capital will empower Armis to execute its 5-year strategy of establishing a multi-generational cybersecurity firm, driving robust organic product innovation, global go-to-market initiatives, and seizing transformative inorganic growth opportunities. 

Armis, renowned for delivering unparalleled visibility, security, and risk management to enterprises spanning various sectors, has solidified its position as a standout leader in the rapidly evolving cybersecurity domain. Its innovative platform, Armis Centrix™, enables organizations to effectively monitor, secure, and oversee critical assets in real time, encompassing IT, OT, medical devices, cloud, code, and software assets.

This funding milestone comes on the heels of Armis surpassing the $200 million in Annual Recurring Revenue (ARR) mark, with plans of a future IPO and a steadfast commitment to reaching the $500M ARR threshold, marking significant milestones in the company's trajectory.The cybersecurity landscape's increasing complexity further cements Armis's pivotal role in Cyber Exposure Management, offering vital support to enterprises in fortifying and managing their critical assets amidst evolving threats.