Armis Surpasses $200M ARR: Empowering Businesses with Comprehensive Cybersecurity Solutions

Introduction:

I am incredibly grateful to announce that Armis has surpassed $200 million in annual recurring revenue (ARR). Achieving this milestone in just 18 months is a testament to our relentless focus on delivering value, fostering innovation, and maintaining strong relationships with our clients and partners. This accomplishment underscores the effectiveness of our approach to cybersecurity and the trust our customers place in us.

From all my travels around the world, meeting with top CISOs and industry leaders in the USA, France, Italy, Canada, and beyond, I am always humbled by the incredible feedback we receive. Our customers consistently share how Armis Centrix™ brings remarkable value to their organizations. Our sole purpose is to help solve their most pressing problems.

Milestones and Achievements:

Reflecting on our journey from 100M to 200M ARR, our growth is a clear indicator of the impact and relevance of our solutions. Over the past year, we’ve not only doubled our revenue but also reached several significant milestones:

• Market Expansion: Successfully entering new markets and regions, broadening our reach and impact.
• Strategic Partnerships: Forming and strengthening partnerships with key industry players, enhancing our ecosystem and expanding our capabilities.
• Industry Recognition: Our innovative solutions and leadership have been acknowledged with numerous prestigious awards, validating our approach and strategy.

Our rapid growth has been driven by our award-winning AI-powered cyber exposure management platform, Armis Centrix™, which has been adopted by 35 of the top Fortune 100 companies. We’ve seen large-scale deployments at customers like United Airlines, USPS, FedEx, Carrefour, JP Morgan Chase, and Delta Air Lines. This significant milestone reflects the unwavering trust that leading organizations place in us to safeguard their infrastructure.

Empowering Through Innovation:

Innovation is at the heart of our success. Over the past year, we’ve focused on developing solutions that empower businesses to secure their digital environments more effectively. Here’s how:

• Holistic Security Approach: Advancing our platform to offer a more holistic approach to cybersecurity, integrating threat detection, asset management, and compliance.
• User-Centric Design: Designing our solutions with the end-user in mind, ensuring ease of use and seamless integration with existing infrastructures.
• Proactive Threat Management: Enhancing our capabilities to not just detect but proactively manage and mitigate threats, providing our clients with peace of mind.

Our platform, Armis Centrix™, has provided immense value across multiple efforts, including bringing over 90,000 IoT assets and 600 unique types of OT assets into visibility for Delta Air Lines. This support includes creating site boundaries, policies, alerts, and dashboards.

Client and Partner Success:

Our clients and partners are integral to our journey. Their success stories and feedback drive us to continuously improve and innovate. Here are a few examples of how we’ve made a difference:

• Enhanced Security Posture: Clients like Delta Air Lines have significantly improved their security posture thanks to our comprehensive solutions.
• Operational Efficiency: Our platform has helped clients streamline their operations, reducing complexity and improving efficiency.
• Achieving Compliance: Many of our clients have successfully navigated complex compliance requirements with our support, ensuring they meet industry standards.

These successes highlight the tangible value we bring to our clients and the critical role of our partners in our ecosystem.

Strategic Vision for the Future:

As we celebrate this $200M ARR milestone, we’re already looking ahead to the future. Our vision is to continue driving innovation and delivering exceptional value to our clients. Here’s what’s on the horizon:

• Product Enhancements: Investing in further enhancing our product offerings, focusing on emerging threats and new technological advancements.
• Global Reach: Expanding our global footprint, entering new markets, and supporting a broader range of clients.
• Community Engagement: Committing to engaging with the cybersecurity community, sharing insights, and contributing to the broader industry knowledge base.

We are targeting $600 million to $1 billion in ARR and beyond. Our vision is to position Armis as a leading multi-generational cybersecurity powerhouse, distinguished by our technical expertise and unwavering dedication to excellence.

Armis is currently valued at $3.4 billion and continues to grow through strategic acquisitions, such as CTCI and Silk Security, expanding our solution portfolio to include vulnerability mitigation, remediation, risk management, and threat intelligence. Our partner-first approach includes collaborations with leading organizations like Accenture, AWS, Booz Allen Hamilton, Capgemini, Check Point, Fortinet, Google Cloud, HCL, KPMG, Kroll, Nuvias, PWC, SentinelOne, ServiceNow, Wipro, and many more.

These accolades validate our approach and strategy, further establishing Armis as a leader in the cybersecurity industry.

Conclusion:

Reaching $200M ARR is a significant milestone, but it’s just the beginning of our journey. We remain committed to our mission of delivering comprehensive, innovative cybersecurity solutions that empower our clients to secure their digital ecosystems. Thank you to our customers for their unwavering trust, to our partners for their collaboration and support, and to our incredible sales team for their relentless dedication and hard work. Your contributions have made this achievement possible, and together, we will continue to reach new heights.