Armis Now Valued at $3.4B

Are Baby Boomers More Vulnerable Online Than Younger Generations? You Might Be Surprised

PALO ALTO, Calif., Nov. 29, 2021 /PRNewswire/ — Armis, the main unified asset visibility and safety platform supplier, introduced that it has closed its newest funding spherical and elevated its valuation to $3.4 billion. One Fairness Companions (“OEP”), together with current traders, made a mixed $300 million funding to speed up strategic platform improvement and international GTM initiatives, and to assist future acquisitions. OEP can even be becoming a member of the board of administrators.

“One Fairness Companions is the precise sort of investor we want at this juncture. They deeply perceive our sector and their acquisition experience will assist assist us in reaching our growth objectives and aims,” stated Yevgeny Dibrov, Chief Government Officer and Co-Founder, Armis. “We sit up for OEP becoming a member of our board and dealing with our investor group to proceed to scale and to accumulate numerous strategically vital belongings.”

Armis’ great development has been fueled by capturing an ever-increasing market share in a quickly rising market and by increasing into new verticals and areas. Previous to this funding, Armis raised $300 million in whole financing. Over the previous 3 years, Armis drove a staggering 8,826% improve in income and is among the many fastest-growing cybersecurity corporations globally. In recognition of the speedy growth, Deloitte lately ranked Armis because the 25th fastest-growing expertise firm in North America within the 2021 Deloitte Expertise Quick 500™. Armis is the one cybersecurity firm to offer full visibility, vulnerability detection, and danger administration to all belongings throughout the IT, enterprise, medical, operational expertise, ICS, IoT, and IIoT environments. Armis has essentially the most strong associate ecosystem, supercharging a whole lot of current IT and safety investments with real-time risk detection utilizing the world’s largest machine knowledgebase, monitoring a couple of billion units⁠ and rising.

“Armis is the {industry} chief relating to asset visibility and safety,” stated Ori Birnboim, Managing Director, OEP. “We see a rising want for enterprises in a unified providing, and we’re excited to work along with our companions to additional speed up the expansion trajectory of the corporate and safeguard belongings world wide.”

The shut alignment of the OEP portfolio and the capabilities of Armis throughout healthcare, industrial OT, and expertise will drive vital investments in buyer acquisition and growth. Allegro MicroSystems, a world chief in sensing and energy semiconductor expertise for movement management and vitality effectivity, would be the first OEP portfolio firm to deploy Armis safety all through their networks.

Armis is the No. 1 chief with essentially the most complete asset visibility and safety intelligence for all belongings, all industries, and all environments with the deepest context to detect vulnerabilities and cut back danger. Solely the Armis platform spans a number of verticals and may cater to the convergence of IT & OT. No different cybersecurity supplier can safe OT, ICS, IT, IoT, IIoT & IoMT throughout a number of industries and sectors. Armis was rated in Gartner’s Market Information for OT Safety, named a Chief in OT Safety by ISG, and most lately secured prime marks within the MITRE ATT&CK Evaluations for ICS, delivering 100% visibility throughout each IT and OT.

“OEP and Armis see nice worth in rapidly deploying the industry-leading asset safety capabilities of Armis throughout international corporations throughout the OEP portfolio,” stated Andrew Dunn, Managing Director, OEP. “Given our expertise within the cybersecurity market, we additionally plan to help Armis in rapidly extending its asset safety management by strategic acquisitions.”

OEP will be part of the board of administrators and lead acquisitions initiatives alongside current traders Perception Companions, Brookfield Asset Administration, Georgian, RedDot, and CapitalG, Alphabet’s impartial development fund. Perception Companions will stay the bulk proprietor, and Armis will proceed to function independently, absolutely managed by its two co-founders, Yevgeny Dibrov, CEO, and Nadir Izrael, CTO, and the chief group.

“Armis continues growth into Healthcare, Federal, SLED, and OT sectors along with our conventional IoT, IT, Medical, and Enterprise providers and capabilities. The funding by One Fairness Companions will gas platform improvement, regional growth, and an enhanced go-to-market group,” stated Nadir Izrael, Chief Expertise Officer and Co-Founder, Armis. “We’re profitable market share in all our new verticals and have turn out to be the main cybersecurity participant relating to seeing all belongings and units.”

Armis ranks because the main platform supplier by {industry} analysts. By way of the Armis Companion Expertise Program (APEX), we associate with the world’s main organizations, together with Crowdstrike, IBM, Fortified Well being, PWC, Checkpoint, Accenture, Gigamon, Optiv, Capgemini, Mcloud, Deloitte, Cyvatar, and a whole lot of different corporations world wide. Click on right here to study extra about our international companions.

To study extra from Armis CEO and Co-Founder, Yevgeny Dibrov, click on right here.

About Armis
Armis is the main unified asset visibility and safety platform designed to handle the brand new risk panorama that related units create. Fortune 1000 corporations belief our real-time and steady safety to see with full context all managed, unmanaged, and IoT units, together with medical units (IoMT), operational expertise (OT), and industrial management techniques (ICS). Armis offers passive and unparalleled cybersecurity asset administration, danger administration, and automatic enforcement. Armis is a privately held firm and headquartered in Palo Alto, California.

About One Fairness Companions
One Fairness Companions (“OEP”) is a middle-market non-public fairness agency targeted on the commercial, healthcare, and expertise sectors in North America and Europe. The agency builds market-leading corporations by figuring out and executing transformative enterprise mixtures. OEP is a trusted associate with a differentiated funding course of, a broad and senior group, and a longtime observe file producing long-term worth for its companions. Since 2001, the agency has accomplished greater than 300 transactions worldwide and, as of 12/31/20, had over $7 billion AUM. OEP, based in 2001, spun out of JP Morgan in 2015. The agency has places of work in New York, Chicago, Frankfurt, and Amsterdam. For extra info, please go to www.oneequity.com.

Media Contact:
Kari Schatz
Highwire PR for Armis
[email protected]

SOURCE Armis

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