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Cybersecurity startup Armis closes $200M round at $4.2B valuation

  • Cybersecurity startup Armis has raised $200 million in funding to support its growth efforts.
  • The funding round was led by General Catalyst, Alkeon Capital Management, Brookfield Technology Partners, and Georgian.
  • Armis offers a software platform called Centrix that automatically detects and protects devices in a corporate network from cybersecurity issues.
  • The company plans to use the funding to accelerate product development, explore acquisitions, and aims to reach $500 million in annualized recurring revenue by 2026.

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