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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”), along side present traders, made a mixed $300 million funding to speed up strategic platform growth and world GTM initiatives, and to assist future acquisitions. OEP will even be becoming a member of the board of administrators.
“One Fairness Companions is the precise sort of investor we’d like at this juncture. They deeply perceive our sector and their acquisition experience will assist assist us in attaining our enlargement targets and goals,” stated Yevgeny Dibrov, Chief Government Officer and Co-Founder, Armis. “We stay up for OEP becoming a member of our board and dealing with our investor group to proceed to scale and to accumulate numerous strategically necessary belongings.”
Armis’ large progress 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 complete financing. Over the previous 3 years, Armis drove a staggering 8,826% improve in income and is among the many fastest-growing cybersecurity firms globally. In recognition of the speedy enlargement, Deloitte just lately ranked Armis because the 25th fastest-growing know-how firm in North America within the 2021 Deloitte Know-how Quick 500™. Armis is the one cybersecurity firm to supply full visibility, vulnerability detection, and danger administration to all belongings throughout the IT, enterprise, medical, operational know-how, ICS, IoT, and IIoT environments. Armis has probably the most strong companion ecosystem, supercharging lots of of present 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 on the subject of 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 know-how will drive vital investments in buyer acquisition and enlargement. Allegro MicroSystems, a worldwide chief in sensing and energy semiconductor know-how for movement management and power effectivity, would be the first OEP portfolio firm to deploy Armis safety all through their networks.
Armis is the No. 1 chief with probably 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 might 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 just lately secured high marks within the MITRE ATT&CK Evaluations for ICS, delivering 100% visibility throughout each IT and OT.
“OEP and Armis see nice worth in shortly deploying the industry-leading asset safety capabilities of Armis throughout world firms inside the OEP portfolio,” stated Andrew Dunn, Managing Director, OEP. “Given our expertise within the cybersecurity market, we additionally plan to help Armis in shortly extending its asset safety management by strategic acquisitions.”
OEP will be a part of the board of administrators and lead acquisitions initiatives alongside present traders Perception Companions, Brookfield Asset Administration, Georgian, RedDot, and CapitalG, Alphabet’s impartial progress fund. Perception Companions will stay the bulk proprietor, and Armis will proceed to function independently, totally managed by its two co-founders, Yevgeny Dibrov, CEO, and Nadir Izrael, CTO, and the chief crew.
“Armis continues enlargement 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 gasoline platform growth, regional enlargement, and an enhanced go-to-market crew,” stated Nadir Izrael, Chief Know-how Officer and Co-Founder, Armis. “We’re successful market share in all our new verticals and have turn out to be the main cybersecurity participant on the subject of seeing all belongings and units.”
Armis ranks because the main platform supplier by {industry} analysts. Via the Armis Associate Expertise Program (APEX), we companion with the world’s main organizations, together with Crowdstrike, IBM, Fortified Well being, PWC, Checkpoint, Accenture, Gigamon, Optiv, Capgemini, Mcloud, Deloitte, Cyvatar, and lots of of different companies world wide. Click on right here to be taught extra about our world companions.
To be taught 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 linked units create. Fortune 1000 firms belief our real-time and steady safety to see with full context all managed, unmanaged, and IoT units, together with medical units (IoMT), operational know-how (OT), and industrial management methods (ICS). Armis gives 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 personal fairness agency centered on the commercial, healthcare, and know-how sectors in North America and Europe. The agency builds market-leading firms by figuring out and executing transformative enterprise mixtures. OEP is a trusted companion with a differentiated funding course of, a broad and senior crew, and a longtime monitor 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 data, please go to www.oneequity.com.
Media Contact:
Kari Schatz
Highwire PR for Armis
[email protected]
SOURCE Armis
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