Armis, a leading asset intelligence cybersecurity firm, announced today that it has surpassed US$200 million in annual recurring revenue (ARR). The company achieved this milestone by doubling its ARR in less than 18 months, placing it among the elite few SaaS companies that have achieved such rapid growth across the cybersecurity market and beyond.
Driving forces behind the growth
Armis' significant growth has been fuelled by its award-winning AI-powered cyber exposure management platform, Armis Centrix, which has been widely adopted by top global organisations, including 35 of the Fortune 100 companies. Clients like United Airlines, the U.S. Postal Service, Ryanair, Mondelez, Reckitt, and Flex rely on Armis to secure their critical environments. The demand from national, state, local, and federal entities has also led to increased global deployments of Armis' solutions. The company has seen continued momentum across North America, EMEA, and APJ, contributing to the doubling of its ARR.
“This significant milestone reflects not just our huge financial growth in the last year but shows the unwavering trust that Fortune 100, 200, and 500 companies, large private organisations, healthcare systems, and governments place in us to safeguard their mission-critical assets and infrastructure,” said Yevgeny Dibrov, Co-Founder and CEO of Armis. “Our commitment to empowering businesses with robust asset intelligence, security, proactive defence strategies, and full risk management has never been stronger. As we continue to expand our impact across industries, this milestone fuels our mission to ensure that every organisation can operate confidently in the face of evolving threats.”
Expanding capabilities and partnerships
Armis' mission is to protect organisations' entire attack surface by managing cyber risk exposure in real-time. The cloud-based platform Armis Centrix and its suite of solutions mitigate all cyber asset risks by identifying every asset, from ground to cloud, remediating vulnerabilities, and blocking threats, ensuring all critical assets are protected.
The demand for Armis Centrix continues to grow rapidly. The company has expanded its capabilities and offerings, including recent acquisitions of CTCI and Silk Security earlier this year. Armis Centrix now includes deeper vulnerability mitigation, prioritisation, remediation, risk management, and threat intelligence. The firm has adopted a world-class partner-first approach, expanding partnerships with key players such as Accenture, Blackwood, Booz Allen Hamilton, CDI, Fortinet, GuidePoint Security, HCl, KPMG, Nomios, Optiv, Presidio, PWC, Softcat, Source IT Technologies, Telia Cygate, WWT, and the AWS and Google Marketplaces.
“Over the past year, we have been laser-focused on efficient growth, expansion of customer engagement, adoption of our platform Armis Centrix, its five product suites, and expanding our channel partner engagement,” said Jonathan Carr, Chief Financial Officer of Armis. “With our recent acquisitions and expanded capabilities, we continue to see high demand for our platform and products, growing well in excess of top public company benchmarks, in addition to our own industry peers.”
