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Armis Security raised $200M in a Series D funding round led by General Catalyst and Alkeon Capital to support its push towards an IPO.

PRIVATEOct 28, 2024

Amount Raised

$200 Million

Round Type

Series D

San FranciscoInformation TechnologySoftwareSecurityCyber SecurityNetwork Securitycomputer & network security

Investors

GeorgianBrookfield Technology PartnersCapitalgOne Equity PartnersCapital GInsight PartnersAlkeon CapitalGeneral CatalystBrookfield

Description

Armis Security has successfully completed a $200 million Series D funding round, increasing its valuation to $4.3 billion. This round was led by General Catalyst and Alkeon Capital, along with participation from existing investors.

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 raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
Strategic

ML-powered predictions for Armis Security's next move

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Armis Security raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.