Armis News
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הצפי להורדת ריבית בארה"ב וליציבות האינפלציה מביא כמה מהחברות לשקול הנפקה בשוק האמריקאי ● ביניהן ארמיס, שנמצאת כעת בסבב גיוס לפי שווי של 5 מיליארד דולר, ו־וואסט דאטה, אחת השותפות המרכזיות של אנבידיה בתחום ניהול אחסון מידע
Via Transportation, an Israeli-American company, has successfully launched its IPO in New York after a four-year wait. The company raised $492.9 million, pricing its shares at $46 each, which later closed at $49.5, valuing the company at nearly $4 billion. Despite previous financial challenges, Via has shown impressive revenue growth and reduced losses. The IPO is seen as a positive move, benefiting early investors like Pitango and 83North. Vias focus on providing software for public transport management has secured its position in the U.S. market. The company has raised close to $900 million in private investments before the IPO.
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Thoma Bravo in talks to buy Armis at $5b valuation
Armis, an Israeli cybersecurity company, is in talks to be acquired by US private equity firm Thoma Bravo at a valuation of $5 billion. Insight Partners, a major shareholder, stands to gain $2-3 billion from the sale. The acquisition is expected to include an injection of hundreds of millions of dollars into Armis. The company has raised over $800 million since its acquisition by Insight Partners in 2020. Armis, which operates in critical infrastructure security, has notable customers like Colgate-Palmolive and the US Postal Service. The acquisition by Thoma Bravo could precede an IPO, aligning with Armiss managements previous statements about going public.
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Otorio deal and other recent acquisitions push firm to seek larger, unified space.
Armis Security, a cybersecurity company, has leased five floors in the Hasolelim project in Tel Aviv to accommodate its growing workforce. The move is driven by a significant increase in headcount following three acquisitions since 2024. Armis will pay an estimated annual rent of around $4.7 million. The company aims to consolidate its teams under one roof. Recent acquisitions include Israeli companies Otorio and Silk Security, and U.S.-based CTCI, enhancing its capabilities in cyber threat detection and protection of industrial systems. Armiss valuation has risen to $4.5 billion, with employees selling $100 million in shares. The new office space is expected to be ready by January 2026.
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When IPOs stall, secondaries let unicorns keep talent happy, and cash flowing.
Armis, a cybersecurity company, recently completed a $100 million secondary round exclusively for its employees, allowing them to sell 15% of their holdings. This move provided significant liquidity to employees while maintaining their stakes in the company. Armis is valued at $4.5 billion and plans to go public in 2026. The secondary round is part of a broader trend where companies offer liquidity to employees through secondary sales, especially when IPOs are delayed. This trend is seen as a way to retain talent and boost the local economy as employees reinvest their earnings. The article also mentions a $650 million secondary investment in DriveNets by AT&T.
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Israeli cybersecurity firm’s secondary round unlocks liquidity for veteran staff after big year of acquisitions. Based on current growth and market conditions, Armis is widely expected to pursue an IPO in 2026, by which time its annual revenue is projected to reach around $500 million.
Armis, an Israeli cybersecurity firm, has completed a $100 million secondary round, allowing veteran employees to sell shares. The company, valued at $4.5 billion post-round, has experienced significant growth through strategic acquisitions, including Autorio, Silk Security, and CTCI. Armis customer base includes major companies like the United States Postal Service and United Airlines. The firm plans to pursue an IPO in 2026, with projected annual revenue of $500 million. Despite layoffs following the Autorio acquisition, Armis revenue has grown from $200 million to over $250 million by the end of 2024.
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Cybersecurity firm Armis says growing demand, AI-driven innovation, and a multi-product platform put it on track for massive growth.
Armis Security, a leading cybersecurity firm, is poised for significant growth, driven by AI-driven innovation and a multi-product platform. The company, which was acquired by Insight Partners for $1.1 billion, aims to reach $1 billion in sales within three years and plans to go public within two years, depending on market conditions. Armis has made three acquisitions in the past year, including CTCI, Silk Security, and Otorio, to bolster its capabilities. The company has over 250 million in ARR and serves more than 40 Fortune 100 companies. Armis is leveraging AI technology to enhance its cybersecurity offerings and is actively pursuing further acquisitions to maintain its competitive edge.
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The cybersecurity company sheds 45 employees, with 25 based in Israel, as part of restructuring.
Otorio's technology secures heavy industry and critical infrastructure against cyber attack.
Armis Security, an Israeli cybersecurity company, has acquired Otorio, a provider of OT and CPS security, for an estimated $120 million. This acquisition is part of Armiss strategy to expand its capabilities and comes amid preparations for a potential IPO. Otorios technology secures critical infrastructure and heavy industry, with customers in sectors like oil and gas, utilities, and manufacturing. Armis aims to enhance its platform with broader capabilities, including secure remote access and full attack path mapping. The acquisition allows Armis to offer on-premises solutions for industries requiring air-gapped environments. Armis, founded in 2016, employs 850 people and was valued at $4.3 billion after raising $200 million last October.
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Wiz continues to dominate, while companies like Cyera and Armis prove Israeli startups are thriving despite challenges. Local companies secured 20 "mega rounds" (over $100 million) in total.
In 2024, Israeli startups, particularly in the cybersecurity sector, demonstrated resilience by securing significant funding despite geopolitical challenges. Wiz, a leading startup, raised a record-breaking $1 billion in May, further solidifying its position by acquiring Dazz for $450 million and Gem Security for $350 million. The company also rejected a $23 billion acquisition offer from Google. Cyera, another cybersecurity firm, raised two $300 million rounds, reaching a $3 billion valuation. Other notable funding rounds included Armis Securitys $200 million at a $4.3 billion valuation and Islands $175 million, doubling its valuation to $3 billion. These developments highlight the robust growth and innovation within the Israeli tech ecosystem.
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Cybersecurity leader Armis secures new funding led by General Catalyst and Alkeon Capital, setting sights on $500M ARR milestone.
Armis Security, a leader in cybersecurity, has successfully completed a $200 million Series D funding round, raising its valuation to $4.3 billion. This round was led by General Catalyst and Alkeon Capital, with participation from existing investors. The company, which employs around 750 people globally, serves major clients like United Airlines, Colgate-Palmolive, and Mondelez. Armis has recently surpassed $200 million in annual recurring revenue and aims for $500 million ARR as it prepares for an IPO. The company has also acquired Silk Security for $150 million and CTCI for $20 million in 2024. Armis was previously acquired by Insight Partners and CapitalG for $1.1 billion in 2020.
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Armis tops $200M in ARR, doubling revenue in less than 18 months | CTech
Cybersecurity firm Armis has reported over $200 million in annual recurring revenue (ARR), doubling its ARR in less than 18 months. This growth has been largely driven by its AI-powered cyber exposure management platform, Armis Centrix, which is used by 35 of the top Fortune 100 companies. The company has also expanded its capabilities through the acquisitions of CTCI and Silk Security. Armis was acquired by Insight Partners and Google’s investment fund Capital G for $1.1 billion in January 2020 and raised $300 million at a $3.4 billion valuation in November 2021.
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הם נפגשו בטכניון והחליטו להקים חברה. היום היא שווה מיליארדים
Armis, a cybersecurity company co-founded by Nadir Israel, has grown significantly since its inception. The company, which specializes in managing cybersecurity landscapes within organizations and focuses on IoT devices, has raised over $600 million in direct investment. The companys annual revenue rate has crossed the $200 million mark and it is nearing profitability. Israels dream is to build a blue-and-white empire, similar to Check Point. The company currently has 750 employees and is valued at over $3.4 billion.
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מאות מעובדי החד־קרן ארמיס מכרו מניות של החברה ב-50–60 מיליון דולר
Cybersecurity unicorn Armis has recently executed two transactions. The first is a secondary transaction, in which hundreds of company employees sold shares worth between $50-60 million, based on a company valuation of over $3 billion. The second transaction is the taking of a credit line worth $150 million. The company did not comment.
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Cyber unicorn Armis acquiring Silk Security for $150 million | CTech
Cybersecurity firm Silk, which developed a platform for sustainable cyber risk resolution, has been acquired by Armis. All 30 Silk employees will join Armis, which plans to integrate the Silk platform into its own AI-based vulnerability prioritization and remediation solution. This acquisition comes after Silk raised $12.5 million in seed funding last August, led by Insight Partners and Hetz Ventures. Armis, which was acquired by Insight Partners and Google’s investment fund Capital G for $1.1 billion in January 2020, raised $300 million at a $3.4 billion valuation in November 2021.
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Armis acquires cyber startup CTCI for $20 million | CTech
Cybersecurity firm Armis has acquired Cyber Threat Cognitive Intelligence (CTCI), a company specialising in AI-powered pre-attack threat hunting technology. The deal, estimated to be worth around $20 million, will see Armis integrate CTCIs technology into its own Armis Centrix system to enhance its early warning cyber intelligence capabilities. The acquisition comes as part of Armiss strategy to proactively find and stop attacks before they are launched. Armis was acquired by Insight Partners and Googles investment fund Capital G for $1.1 billion in January 2020 and raised $300 million at a $3.4 billion valuation in November 2021.
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Armis on verge of acquiring cyber startup Silk Security for tens of millions of dollars | CTech
Cybersecurity firm Armis is reportedly in advanced talks to acquire Silk Security, an Israeli-American cyber startup. Silk, which raised $12.5 million in seed funding in August 2021, has developed a platform for sustainable cyber risk resolution. The acquisition is estimated to be worth tens of millions of dollars. Armis, which was acquired by Insight Partners and Google’s investment fund Capital G for $1.1 billion in 2020, has raised a total of $600 million in funding.
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Armis Announces Expanded Partnership with CrowdStrike
Cybersecurity unicorn Armis reaches $100 million ARR in less than 5 years | CTech
Armis, a company that develops asset visibility and security solutions, has reached $100 million in annual recurring revenue in less than 5 years. The company aims to reach $200 million within a year and achieve operational profitability. Armis plans to acquire other companies as part of its strategy for 2023. The company was acquired by Insight Partners and Capital G for $1.1 billion in January 2020 and raised $300 million at a $3.4 billion valuation in November 2021. Armis growth has been driven by its asset visibility and security platform, which has been adopted by leading organizations and Fortune 100 companies. The founders, Yevgeny Dibrov and Nadir Izrael, remain at the helm of the company.
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Armis Scores as a Top Performer in the 2023 Best in KLAS Software & Services Report
Armis, a leading asset visibility and security company, has been recognized as a top performer in the 2023 Best in KLAS Software & Services Report for Healthcare IoT Security. The report, which is based on customer reviews, evaluates the performance of products and services in the healthcare IoT security sector. Armis was praised for its ability to provide unified visibility, vulnerability mitigation, and asset utilization information, helping healthcare organizations improve their security posture. The companys solution is used for more than just medical device security monitoring, with customers also using it for configuration management and monitoring of non-medical IoT devices.
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Information Services Group Report Recognizes Armis as a Leader in OT Security for the Third Year in a Row
Armis has been recognized as a Leader in OT Security by Information Services Group (ISG) in their 2022 ISG Provider Lens™ Manufacturing Industry Services report. This is the third consecutive year that Armis has received this recognition. The report highlights the seamless integration of the Armis platform with enterprise IT and security technology stack, providing holistic visibility and relevant insights into an organizations security status. Armis is proud to be recognized for their commitment to improving their offerings and addressing the challenges of protecting critical infrastructure. The recognition from ISG reinforces Armis position as a leader in the industry.
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Office Tour: Armis Offices - Ramat Gan
Armis, a cybersecurity platform, has opened a new office in Ramat Gan, Israel. The office design focuses on creating an open and collaborative atmosphere to promote innovation and employee well-being. The space includes natural sunlight, decorative plants, and outdoor-inspired furniture. Additionally, there are secluded focus rooms for employees who prefer a quieter working environment. The aim is to provide the best working space for Armis engineers to foster team synergy and ensure a positive work experience. The article does not mention any specific customers, partners, investment or acquisition details, layoffs, or valuation amounts. The event described in the article is the opening of the new office in Ramat Gan, Israel.
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Illumio and Armis Announce Joint Solution to Protect IT and OT Networks from Breaches
Illumio and Armis have announced a joint solution to stop breaches across IT and OT environments. The solution provides visibility and asset intelligence across IT, IoT, and OT assets, allowing organizations to build cyber resilience and prevent attacks from spreading. The partnership aims to deliver a modern approach to breach containment and advance cyber resilience across critical infrastructure. Illumio is a Zero Trust Segmentation company that protects critical applications and digital assets with segmentation technology. Armis is a leading asset visibility and security company that provides unified asset intelligence to address the extended attack surface created by connected assets.
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SentinelOne Partners with Armis for Unparalleled Asset Intelligence
Armis Named Winner of Three Coveted Global InfoSec Awards during RSA Conference 2022
Armis, a unified asset intelligence platform, has won three cybersecurity awards from Cyber Defense Magazine. The awards include Hot Company Healthcare IoT Security, Cutting Edge ICS/SCADA Security, and Most Comprehensive Internet of Things (IoT) Security. Armis CEO and Co-founder, Yevgeny Dibrov, expressed excitement about the recognition. The company will be showcasing its capabilities at the RSA Conference 2022. Armis provides real-time and continuous protection for connected devices and offers cybersecurity asset management, risk management, and automated enforcement. Armis is headquartered in Palo Alto, California.
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Armis Unveils Industry's First End-to-End Risk-Based Vulnerability Lifecycle Management Across the Extended Asset Attack Surface
Armis has announced the launch of Armis Asset Vulnerability Management (AVM), a solution for risk-based vulnerability management that allows organizations to prioritize mitigation efforts across their entire asset attack surface. The solution strengthens the Armis Platform, which provides unified asset visibility and superior security. With the increasing number of vulnerabilities and cyber threats, organizations are struggling to manage vulnerable assets at scale. Armis AVM provides a complete view of all assets and vulnerabilities, risk-based prioritization, security automation and orchestration, and a full vulnerability management lifecycle. Armis will be demonstrating this solution at the RSA Conference 2022. Armis customers come from various industries, including governments, healthcare, and Fortune 1000 companies.
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Armis Announces Enterprise Workflow Automation Module, In Partnership with Torq
Armis, in partnership with Torq, has announced Armis Enterprise Workflow Automation (EWA), a new module for security automation and threat response workflows. The module allows security teams to automate any remediation or workflow without requiring coding or professional services. It provides a seamless experience to build powerful workflows and replace manual processes with an orchestrated response to events. Armis aims to address the extended attack surface created by digital transformation and offer customers a platform that combines visibility into assets, contextual intelligence into vulnerabilities and threats, and automated workflows. The company will be showcasing this new workflow and other capabilities at RSA Conference 2022.
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Armis Launches 'Critical Infrastructure Protection Program' with Three Months of Complimentary Service to Support SHIELDS UP Initiative
Armis has announced the Critical Infrastructure Protection Program (CIPP) to help organizations in the energy, utilities, water supply, marine ports, and other critical infrastructure sectors improve their security posture. Under this program, critical infrastructure providers in the U.S. and NATO-aligned countries will have complimentary access to Armis for three months. The program aims to address the growing threat of cyberattacks on critical infrastructure, particularly in light of geopolitical instability. Armis is partnering with Kroll to merge their threat intelligence and telemetry to enhance cyber resilience. The program offers organizations complete visibility into their connected operational technology (OT) and information technology (IT) assets, rapid identification and management of security risks, and access to a customizable Cyber Risk Retainer from Kroll. The program is available for sign-up until June 17, 2022.
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IoT security company Armis announces $300 million round at $3.4 billion valuation
Israeli cybersecurity company Armis Security has closed its latest investment round, raising $300 million at a $3.4 billion valuation. The round was led by One Equity Partners, and the companys value has increased by $1.4 billion in just nine months. Armis has raised a total of $600 million to date. OEP will join the board of directors and lead acquisitions initiatives alongside existing investors Insight Partners, Brookfield Asset Management, Georgian, RedDot, and CapitalG. The funding will be used to build a cybersecurity giant in Israel and fund significant acquisitions over the coming year. Armis aims to reach an IPO and has seen its sales double over the past year, with $100 million in annual revenue. The companys platform spans multiple verticals and will be deployed by Allegro MicroSystems, an OEP portfolio company.
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IoT security company Armis raising $300 million at $3.5 billion valuation
Israeli IoT security company Armis is raising between $250-300 million at a valuation of $3.5 billion. This funding round is likely to be Armis final before it goes public in the U.S. The investment will be used to acquire other companies, and Armis is already in negotiations with potential targets. Armis has experienced a significant increase in sales, raising its valuation from $2 billion to $3.5 billion in eight months. The company was previously acquired by Insight Partners and Googles investment fund Capital G. Armis has developed an agentless device security platform for unmanaged IoT devices and has been recognized as a leader in the field.
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Cybersecurity co Armis raises $125m at $2b valuation
Israeli cybersecurity company Armis has closed a $125 million financing round led by Brookfield Asset Management, valuing the company at $2 billion. This comes a year after Insight Partners acquired control of Armis for $1.1 billion. The latest financing round brings the total amount raised by Armis to $300 million. Armis is developing an agentless device security platform and remains independently managed with 350 employees. Brookfield joined as a strategic partner due to Armis leading position in the market.
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Armis Announces Availability of Armis Asset Management
Armis has announced the release of Armis Asset Management, a new offering that provides 5X more visibility than any other solution in the market. The solution addresses the challenge faced by IT and security teams in having a clear picture of all assets in their environment. Armis Asset Management eliminates the security blind spot by providing a complete inventory of all assets, identifying vulnerabilities and risks, and automating enforcement of security policies. The solution offers a quick and effortless deployment and integrates with existing IT and security management solutions. Fortune 100 and Global 2000 enterprises such as Docusign, Mondeléz, and Sysco have chosen Armis for its asset management capabilities. The article highlights the need for one source of truth for all assets and the potential risks of a blind spot in asset management.
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Armis Security: We survived Covid-19 because of our culture
The article discusses how Armis Securitys strong organizational culture helped the company navigate the challenges of the COVID-19 pandemic. The company invested in employee engagement and created unique experiences for its employees, such as daily Zoom meetups and virtual happy hours. Armis Security also developed a new product that could be remotely installed easily, which would have taken much longer under normal circumstances. The company faced challenges in onboarding new employees remotely but implemented a program where new hires came to the office for the first week and were mentored by veteran staff members. Armis Security used Comeet for recruitment management and BambooHR for employee management. The companys strong culture and adaptability allowed it to successfully navigate the pandemic.
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"Now I don't waste time flying to meetings, everything is done over Zoom"
Yevgeny Dibrov, CEO and co-founder of Armis Security, discusses his experience transitioning to remote work during the COVID-19 pandemic. He highlights the productivity of working from home but also acknowledges the importance of personal connections and face-to-face interactions. Despite the challenges, Armis Security has maintained its company culture and has implemented virtual activities to keep employees engaged. The company has also continued to recruit new employees through virtual interviews and tests. Dibrov expresses his love for his job and the dedication he has to Armis Security. Overall, the article portrays a growth-positive impact on the company as it adapts to remote work and continues to expand its workforce.
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Armis Launches New Global Reseller Channel Program
Armis has announced the Armis Reseller Channel (ARC) program, aimed at creating long-term profitable partner growth. The program offers support to partners through two tiers - Gold and Platinum - including training, joint marketing, and priority support escalation. Armis is focused on addressing the growing threat landscape of unmanaged and IoT devices, providing real-time asset inventory, risk management, and detection & response. The company recognizes the importance of partners in its growth strategy and aims to provide them with new routes to accelerated profitability. The ARC program is designed to help customers mitigate risks from the explosion of IoT and unmanaged devices and extend their Zero Trust architecture.
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Armis Recognized as a Leader by Independent Research Firm in Connected Medical Device Security Evaluation
Armis, the leading enterprise IoT security company, has been named a Leader by Forrester Research in The Forrester New Wave™: Connected Medical Device Security Q2, 2020. The report recognizes Armis Agentless Device Security Platform for its threat prevention and detection capabilities, as well as its ability to bridge the gap between IT and clinical engineering security teams. Armis is trusted by Fortune 1000 companies for real-time and continuous protection of managed, unmanaged, and IoT devices. The recognition by Forrester highlights Armis leadership in the emerging market of connected medical device security.
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Office Tour: Armis Offices - Tel Aviv
Nurit Gil Architecture & Design designed the offices for Armis, a device security platform, in Tel Aviv. The design concept focused on creating a professional, clean, simple, and cozy environment that reflects the companys key attributes. The office features open spaces with glass partitions to promote conversation and provide breathtaking views of Tel Aviv. The space includes work areas, hangout sections, meeting rooms, kitchens, and service areas. Custom-made furniture, upholstery, and lighting were used, and a color scheme of white walls, parquet flooring, light wood furniture, and pops of green, yellow, and red were incorporated. The design also includes plants to enhance wellness. The office design reflects the companys identity and promotes a sense of relevance and identity.
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Armis' Crazy Acquisition - The Inside Story
Armis, a cyber company, was sold to Insight Partners for $1.1 billion in Israels largest cyber exit. The article discusses the process leading up to the acquisition, including a steak dinner meeting with Insight Partners and the subsequent negotiations. The co-founders of Armis emphasize the importance of building a strong team and culture, as well as the need to adapt quickly to challenges like the COVID-19 pandemic. The acquisition by Insight Partners has had a positive impact on Armis growth.
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Armis Acuired by Insight Venture Partners for $1.1 Billion
New York-based venture capital and private equity firm Insight Partners has acquired IoT security company Armis Inc. for a valuation between $800 million and $1.2 billion. Armis will continue operating independently. Insight Partners previously participated in Armis funding round, raising $65 million. Insight Partners has over $20 billion in assets under management and has invested over $700 million in Israeli companies. Armis provides information security software for enterprise IoT systems and has customers such as Sysco Corp., Samsung, and Allergan PLC. Google has also invested in Armis.
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Insight Partners in talks to buy Israeli cybersecurity co Armis
US investment fund Insight Partners is in advanced talks to acquire cybersecurity company Armis for a price likely to be around $1 billion. Armis specializes in security for IoT devices and was founded in 2015. The company has raised a total of $115 million in funding. If the acquisition goes through, management will remain in place to help Insight enhance its investment. Armis had previously expressed its intention to go public within three years. The founders believe that the IoT security market has a sales potential of $27 billion.
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Google Backs IoT Security Startup Armis
Google has invested several million dollars in IoT security company Armis Inc. through its investment arm CapitalG Management Company LLC. Armis provides information security software for enterprise IoT systems and has customers such as Sysco Corp., Samsung, and Allergan plc. In April, Armis announced a $65 million funding round, bringing its total equity raised to $112 million.
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Armis Discovers Expanded Reach of URGENT/11 That Highlights Risk to Medical Devices
Armis, the leading enterprise IoT security company, has announced the discovery that URGENT/11 vulnerabilities impact devices using six additional Real Time Operating Systems (RTOS). This expands the reach of URGENT/11 to potentially millions of additional medical, industrial, and enterprise devices. The discovery was made after a hospital using the Armis security platform identified an infusion pump impacted by URGENT/11. Armis worked with BD to confirm the impact on the Alaris infusion pump. The vulnerabilities have a wider impact than initially believed, affecting various RTOSs. The FDA, DHS, and manufacturers are releasing communications to mitigate the risk. Armis has provided tools and signatures to detect and prevent exploitation. Several device manufacturers have issued security advisories on URGENT/11. The healthcare and manufacturing sectors are particularly vulnerable due to their use of RTOSs. Armis is a leading agentless security platform for unmanaged and IoT devices.
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Agentless Device Security Platform App from Armis, Inc. Now Available on Cortex
Armis, the enterprise IoT security company, has announced the availability of the Armis Agentless Device Security Platform App on Cortex, the industrys only open and integrated AI-based continuous security platform. This partnership with Palo Alto Networks allows Armis to use normalized and stitched together data from customers entire enterprises to build cloud-based apps that deliver innovative cybersecurity capabilities. The app enables Palo Alto Networks customers to discover and profile every device, analyze device activity for risky or malicious behavior, and automatically block risky devices using Palo Alto Networks next-generation firewalls. The Armis app is now available worldwide to customers on the Cortex hub.
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Armis seeks an IPO, not an exit
Cybersecurity company Armis, founded by Nadir Izrael and Yevgeny Dibrov, offers a cloud-based software solution to protect Internet of Things (IoT) devices connected to computer networks. Armis has seen significant growth, with its revenue increasing eight-fold between 2017 and 2018. The company recently announced a $65 million financing round, bringing its total funding raised to $112 million. Armis solution is already installed at hundreds of companies, including Fortune 100 and Fortune 500 companies, in 160 different countries. The founders aim to continue expanding the company and its customer base, with plans to hire 120 more employees. The market potential for IoT security is estimated to be $27 billion. The article discusses the companys development, principles, and future plans.
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Enterprise IoT security co Armis raises $65 million
Israeli enterprise IoT security company Armis has raised $65 million in Series C funding led by Sequoia Capital. The funding brings the companys total funding to $112 million. Armis plans to use the funds to accelerate investments in sales, marketing, and engineering to address the security exposures of Enterprise IoT devices. Carl Eschenbach, partner at Sequoia, has joined the board of directors. Armis offers companies visibility across managed and unmanaged devices and provides an easy-to-install, agent-less platform for identifying and securing IoT devices.
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Armis Wins 2018 IoT Evolution's Product of the Year Award
Armis, the enterprise IoT security company, has received the 2018 IoT Evolution Product of the Year Award. Armis offers an agentless security platform that provides visibility and protection for unmanaged and IoT devices in the enterprise. The platform allows Armis to understand normal, suspicious, and malicious device behavior, and stop threats and attacks. The company has been recognized as an Emerging Vendor by CRN and as a Startup of the Year in Network Products Guide IT World Awards. Armis innovative work and contribution to the IoT industry have been acknowledged by IoT Evolution Magazine and IoT Evolution World.
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Armis Awarded as Technology Pioneer by World Economic Forum
Armis, the enterprise IoT security company, has been selected as one of the World Economic Forums technology pioneers. Armis aims to eliminate the IoT security blind spot for Fortune 1000 companies by helping them see and control any device. The World Economic Forums Technology Pioneers community consists of early-stage companies involved in the design, development, and deployment of new technologies. Armis CEO Yevgeny Dibrov will be participating in the World Economic Forum Annual Meeting of the New Champions. The Technology Pioneers were selected based on criteria including innovation, potential impact, and leadership. Armis is headquartered in Palo Alto, California, with offices in Tel Aviv, Israel.
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IoT Security Startup Armis Raises $30 Million
IoT security company Armis has raised $30 million in Series B funding, bringing its total funding to $47 million. The investment will be used to meet demand for new products, expand sales and marketing efforts, and invest in research and development. Red Dot Capital Partners will help Armis expand in Asia-Pacific. Armis provides information security software for enterprise IoT systems and emerged from stealth in 2017. The company discovered the BlueBorne vulnerability in Bluetooth wireless technology. Armis is headquartered in Palo Alto, California, with offices in Tel Aviv.
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Armis Named One of CRN's Internet of Things 50
Armis, the enterprise IoT security company, has been named to CRNs 2017 Internet of Things 50 list. Armis is recognized for its innovative offerings that help connect objects, computing devices, infrastructure, data storage, and data analytics in the IoT era. The companys technology platform allows enterprises to see and control compromised and unmanaged devices and rogue networks accessing their systems, addressing the security blind spot in IoT. Armis emphasizes the need for enterprises to address the security risks posed by IoT. The Internet of Things 50 list, featuring Armis, will be published in the December issue of CRN.
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New Bluetooth vulnerability can hack a phone in 10 seconds
Security company Armis has discovered a collection of eight exploits called BlueBorne that can allow attackers to access devices via Bluetooth. The vulnerabilities affect various platforms and can be used for remote code execution and Man-in-The-Middle attacks. Armis believes there are more vulnerabilities to be discovered. The vector involves finding a device to hack, executing code to gain control, and conducting a man-in-the-middle attack. Windows and iOS phones are protected, and Google is releasing a patch. Older versions of Android and Linux may be vulnerable. Armis emphasizes the need for new solutions to address airborne attacks and the importance of ensuring vulnerabilities are not exploited.
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Armis identifies new airborne cyber threat, "BlueBorne," that exposes almost every device to remote attack
Armis, the enterprise IoT security company, has discovered a set of zero-day Bluetooth-related vulnerabilities affecting billions of devices. These vulnerabilities, known as BlueBorne, could enable attackers to take over devices, spread malware, or gain access to critical data and networks without user interaction. The vulnerabilities were found in the Bluetooth implementations in Android, Microsoft, Linux, and iOS versions pre-iOS 10. Armis reported the vulnerabilities to Google, Microsoft, and the Linux community, and updates and patches are being released. The discovery highlights the threats facing us in the new connected age. Armis is an IoT security company based in Palo Alto, California.
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IoT security co Armis raises $17m
Armis, an enterprise IoT security company, has launched with $17 million in funding from Sequoia Capital and Tenaya Capital. The company has developed a technology platform that allows enterprises to see and control compromised and unmanaged devices and rogue networks accessing their systems, effectively eliminating IoT security blind spots. Armis provides an agentless IoT security platform that gives enterprises a complete view into activity and threats on devices and networks. The company aims to address the lack of visibility and control over IoT devices in organizations. Armis was founded in late 2015 and is headquartered in Palo Alto, California, with offices in Tel Aviv.
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Armis Launches from Stealth to Eliminate IoT Security Blind Spot for Enterprises
Armis, an enterprise IoT security company, has launched from stealth with $17 million in funding from Sequoia Capital and Tenaya Capital. The company provides an agentless IoT security platform that allows enterprises to see and control compromised and unmanaged devices and networks. Armis aims to address the security challenges presented by the growing number of connected devices in use worldwide. The company has been named a Cool Vendor in Security for Midsize Enterprises by Gartner. Armis will demonstrate its product at the Gartner Security & Risk Management Summit. The funding round was led by Gili Raanan of Sequoia Capital and Tom Banahan of Tenaya Capital. Armis plans to take a channel-first approach to its sales strategy and has partnered with JCS and RedSky.
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