Armis Raises $200M in Series D
Armis has successfully raised $200M in a Series D at a $4.2B valuation led by Alkeon Capital, General Catalyst.
Company Overview
Armis is a Cybersecurity company headquartered in Palo Alto, CA, founded in 2015 with 500+ employees.
Unified asset visibility and security platform
Fundraising Details
- Amount Raised: $200M
- Round Type: Series D
- Valuation: $4.2B
- Date: 2024-10-04
- Investors: Alkeon Capital, General Catalyst
About Armis
Unified asset visibility and security platform The company is positioned in the Cybersecurity sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Palo Alto, CA
- Founded: 2015
- Team Size: 500+
- Industry: Cybersecurity
What This Means
This funding round demonstrates strong investor confidence in Armis's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Cybersecurity sector continues to attract significant investment as companies innovate to meet evolving market demands. Armis's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $4.2B valuation marks an important milestone for Armis, positioning the company among notable players in the Cybersecurity industry.
Looking Ahead
With this new capital, Armis is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cybersecurity space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-10-04. For more information about Armis, visit their headquarters at Palo Alto, CA.
