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Armis targets one billion in annual revenue ahead of planned IPO

AI cybersecurity firm Armis, co-founded by Yevgeny Dibrov and Nadir Izrael, aims to achieve over $1 billion in annual recurring revenue (ARR) within three years and plans an IPO in the next 12 to 24 months, contingent on market conditions. Under President Alex Mosher, who previously served as Chief Revenue Officer, Armis has grown from less than $20 million in ARR in 2021 to over $250 million today, employing around 850 people globally. The company’s recent acquisition strategy, totaling approximately $290 million for three firms in 12 months, reflects a broader trend of consolidation in the cybersecurity sector as firms prepare for public offerings.
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