Armis, a cybersecurity company founded in Israel, has raised $435 million in new funding. This puts the company’s value at $6.1 billion, making it one of the biggest private funding rounds in the cybersecurity industry this year.
The funding round was led by Goldman Sachs Alternatives’ Growth Equity division, with major support from CapitalG. It also included a new investor, Evolution Equity Partners, along with several of Armis’s existing investors.
This new funding comes after a secondary round in July, when Armis was valued at $4.5 billion, and another funding round in 2024 that valued it at $4.3 billion.
Most of the new money will go directly into the company, but some early investors also sold small parts of their shares, earning a few million dollars.
Armis has recently crossed $300 million in yearly recurring revenue (ARR) — an increase of $100 million in less than a year. This growth was partly boosted by its acquisitions, including the Israeli company Autorio.
Armis was founded in 2016 by Yevgeny Dibrov (CEO) and Nadir Izrael (CTO). The company creates cybersecurity technology that helps protect critical infrastructure and gives organizations real-time visibility and security across their digital systems — from local networks to cloud platforms.
Today, Armis has about 850 employees working in Israel and other countries around the world.
“We have crossed the $300 million mark, and investment and acquisition offers are constantly flowing to us,” said Dibrov. “Our goal is to reach $1 billion in ARR within three years, and to go public by the end of 2026 or 2027. To do that, we need to exceed $500 million in ARR with strong sales performance.”
“We wanted a strong investor for a pre-IPO round who would send a clear signal to the market, and there’s no stronger partner than Goldman Sachs,” Dibrov said. “They bring tremendous value and access, and it’s the right partnership for our next stage of growth. There were more than seven offers on the table, but we really connected with Goldman’s team in both Israel and the U.S.”
Dibrov said that Armis aims to reach $500 million in revenue within the next 18 months, thanks to its strong customer relationships and ongoing product growth. He added that he is highly competitive, pointing out that after Armis acquired Silk Security, the product’s annual sales jumped from $600,000 to $40 million.
“We compete across every cybersecurity category, whether it’s Claroty, Axonius, or anyone else,” he said. “We continue expanding our portfolio to take on major players like Rapid7 and Tenable.”
“There were offers to buy large stakes in the company, but we like the way the board supports our growth, innovation, and ambition,” he said. “We need people who share our mindset.”
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