US cybersecurity startup Armis is preparing for an IPO in 2026 after securing $200 million in funding, which has increased its valuation to $4.6 billion.
Armis plans to use the funds to enhance product innovation, explore potential acquisitions, and position itself for future growth in the competitive cybersecurity industry.
The funding round was led by General Catalyst and Alkeon Capital Management LLC, with participation from existing investors Brookfield Technology Partners and Georgian.
Armis is focused on the cybersecurity market and aims to continue its growth and development in the industry.