Armis, a leading cyber exposure management and security company, has closed a $435m pre-IPO funding round, bringing its valuation to $6.1bn.
The round was led by Growth Equity at Goldman Sachs Alternatives with major participation from CapitalG. New investor Evolution Equity Partners joined the round, alongside several existing backers.
Founded in 2016, Armis protects organisations from unseen digital threats by providing unified visibility and control across all connected assets. The company’s Centrix™ platform helps manage cyber risk in real time, securing everything from cloud environments to operational technology and critical infrastructure worldwide.
The new funding will support Armis’ ongoing three-year growth strategy as it aims to reach $1bn in annual recurring revenue (ARR) and prepare for an initial public offering. The company plans to use the capital to accelerate product innovation, expand go-to-market activities, and pursue further strategic acquisitions. Over the past two years, Armis has completed three acquisitions to strengthen its capabilities in cloud, AI, and operational technology security—moves that have already generated millions in incremental revenue.
Armis has recently surpassed $300m in ARR, representing growth of more than 50%. The firm works with over 40% of Fortune 100 companies, including seven of the Fortune 10, and serves sectors such as manufacturing, aviation, finance, healthcare, and government.
Armis CEO and co-founder Yevgeny Dibrov said, “This round marks another defining moment in our journey to build a category-defining cybersecurity company. Our growth proves that organizations are embracing a unified, exposure-based approach to security, and the round signals investors’ belief in Armis as a leader in cybersecurity. At the heart of Armis is a team driven by one goal: putting our customers first.”
Goldman Sachs Alternatives managing director Irit Kahan said, “Armis is a truly differentiated cybersecurity platform with exceptional growth momentum. We believe the platform is redefining cyber exposure management by providing a comprehensive and unified layer of visibility, turning blind spots into sources of intelligence. Led by an exceptionally strong founding team, with a customer-centric culture, the company has successfully partnered and is growing with the largest global enterprises and public sector organizations.”
CapitalG general partner Derek Zanutto said, “Ever since our first investment in Armis back in 2019, we’ve repeatedly doubled down on the company, as our conviction in its technology, its leadership, and its potential has only grown stronger. Armis is on the path to building a multi-generational cybersecurity titan. We feel privileged to continue partnering with Yevgeny, Nadir, and the entire leadership team as they accelerate toward the goal of $1 billion in ARR and, eventually, an IPO.”
Armis’ earlier funding from CapitalG in 2019 marked the start of a long-term partnership that has continued to support its expansion and technological advancement.
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