Armis, a San Francisco, CA-based cyber exposure management and security company, has raised $200 million in Series D funding, at a $4.2 billion valuation.
Investors
The round was led by General Catalyst and Alkeon Capital, with participation from Brookfield Technology Partners and Georgian.
General Catalyst: A global investment and transformation firm partnering with ambitious entrepreneurs focused on resilience and applied AI. General Catalyst supports founders with a long-term perspective, from seed through growth stages, and has helped grow over 700 businesses. It has offices in San Francisco, New York City, Boston, Berlin, Bangalore, and London.
Alkeon Capital: A global investment firm specializing in growth-stage technology companies. Alkeon partners with disruptive private firms to expand their markets, scale efficiently, and transition smoothly to public markets, with the goal of being a long-term, supportive partner.
Armis Use of Funds
The funding will support Armis' strategy to enhance its cybersecurity platform, drive organic product innovation, and expand its global market presence.
About Armis
Armis specializes in cyber exposure management, which helps organizations identify, secure, and manage all connected assets, including IT devices, Operational Technology (OT), medical devices, cloud infrastructure, and software. With its flagship platform, Armis Centrix™, the company provides real-time visibility, helping organizations mitigate security risks by identifying vulnerabilities, managing risks, and prioritizing remediation. Founded in 2015, Armis is trusted by major enterprises like United Airlines, Colgate-Palmolive, and Mondelez.
Funding Details
Company: Armis Inc.
Raised: $200.0M
Round: Series D
Funding Date: October 2024
Lead Investors: General Catalyst, Alkeon Capital
Additional Investors: Brookfield Technology Partners, Georgian
Company Website: https://www.armis.com/
Software Category: Cybersecurity
Source: https://www.businesswire.com/news/home/20241028177259/en/