I’m proud to share that Armis has successfully closed a $435 million funding round, elevating our company valuation to $6.1 Billion as we chart our path to an IPO. This milestone is more than just a number, it reflects the belief our investors have in our mission and the tremendous momentum our team has built.
From the earliest days, our purpose has been clear: enable enterprises to truly see, secure and manage every connected asset from IT to OT, from medical devices to cloud and code. As the cyber-attack surface expands, the stakes get higher. Our goal is to provide comprehensive visibility and risk management across all asset types and secure our customers’ most critical environments.
This capital infusion will empower us to accelerate development of our platform expanding our capabilities across the entire attack surface, continue to make strategic acquisitions and deepen our presence across geographies and verticals, reinforcing our commitment to our global enterprise customers and partners. We are now well on our way to our next ambitious goal of over $500M in annual recurring revenue on our path to $1 billion and beyond.
I want to express sincere gratitude to our investors Goldman Sachs Alternatives and Evolution Equity Partners and returning investors CapitalG. To our customers and partners, thank you for trusting us with your most critical environments.
To our Armis team, the pace of innovation, the growth, the impact we’re achieving, it all starts with you. This milestone is a celebration of your relentless drive and belief in what we can build together.
Over the coming months you’ll see us roll out new products and deepen our industry-specific offerings. Our purpose remains unchanged: securing the assets that matter most and we’re just getting started.