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Armis Acquires AI Cybersecurity Company CTCI

PRIVATEFeb 14, 2024

Acquiring Company

Armis Security

Acquired Company

CTCI (Cyber Threat Cognitive Intelligence)

San Francisco(Unspecified)Information TechnologySoftwareSecurityCyber SecurityNetwork Securitycomputer & network securityInformation TechnologyArtificial IntelligenceSecurityCyber SecurityMachine Learning

Description

Armis, the asset intelligence cybersecurity company, has agreed to acquire CTCI (Cyber Threat Cognitive Intelligence), a privately held company specializing in AI-powered pre-attack threat hunting technology. The acquisition aims to integrate CTCI's technology into the Armis Centrix™ to create the most advanced early warning cyber intelligence system in the world.

Company Information

Company

Armis Security

Location

548 Market St

San Francisco, California, United States

About

Armis Security is a cybersecurity company that specializes in monitoring, securing, and managing critical assets in various environments, including IT, operational technology systems, and medical devices. Founded by Yevgeny Dibrov and Nadir Izrael, the company has grown rapidly and currently employs around 750 people worldwide. With a valuation of $4.3 billion, Armis aims to achieve significant milestones on its path to an IPO, including reaching $500 million in annual recurring revenue. The company has made strategic acquisitions to bolster its cybersecurity solutions.

Fundz sees it the moment Armis Security makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired CTCI (Cyber Threat Cognitive Intelligence)?

CTCI (Cyber Threat Cognitive Intelligence) was acquired by Armis Security, based in San Francisco. The deal was reported on February 14, 2024. Armis Security is a cybersecurity company that specializes in monitoring, securing, and managing critical assets in various environments, including IT, operational technology systems, and medical devices. Armis Security is privately held and operates in Information Technology.

When did Armis Security acquire CTCI (Cyber Threat Cognitive Intelligence)?

Armis Security's acquisition of CTCI (Cyber Threat Cognitive Intelligence) was reported on February 14, 2024. Armis, the asset intelligence cybersecurity company, has agreed to acquire CTCI (Cyber Threat Cognitive Intelligence), a privately held company specializing in AI-powered pre-attack threat hunting technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CTCI (Cyber Threat Cognitive Intelligence) do?

CTCI (Cyber Threat Cognitive Intelligence) is a privately held company specializing in AI-powered pre-attack threat hunting technology. It is privately held, operating in Information Technology, and is based in (Unspecified).

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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