Armis, a leading cyber exposure management and security company, has closed a $435m pre-IPO funding round, valuing the business at $6.1bn.
The investment was led by Growth Equity at Goldman Sachs Alternatives, with strong participation from CapitalG, and joined by new investor Evolution Equity Partners alongside several existing backers.
Founded in 2016, Armis provides real-time visibility, intelligence, and control across every asset and environment to help organisations protect critical infrastructure. Its Centrix™ platform enables enterprises to manage cyber risk from ground to cloud, ensuring the resilience of essential services and mitigating threats across complex digital ecosystems.
The new funding will accelerate Armis’ three-year plan as it targets $1bn in annual recurring revenue (ARR) and prepares for an initial public offering. The capital will also support continued product innovation, go-to-market expansion, and strategic acquisitions. Over the past two years, the company has completed three M&A deals to strengthen its capabilities across cloud, AI, and operational technology security—each already generating significant incremental revenue.
The company’s growth trajectory has been strong, recently surpassing $300m in ARR and maintaining a growth rate above 50%. Armis now works with over 40% of the Fortune 100, including 7 of the Fortune 10, serving clients across 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.”
Since its founding, Armis has positioned itself as a critical cybersecurity partner for global enterprises, continuously expanding its reach through both organic and inorganic growth strategies.
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