Armis Doubles its ARR in less than 18 months to Achieve $200M ARR Milestone

Today is a very big moment for all of us here at Armis. When Nadir and I first started Armis in 2016 we had big ambitions. We wanted to help businesses across the world secure their environments without fear of an attack by securing every asset, from the ground to the cloud, that was being connected to the network now and in the future.

We have built a platform that is unparalleled. A platform that sees every single asset type: IT, OT, IoMT, IoT, Virtual and Cloud, protecting the entire attack surface and manages cyber risk exposure in real time.

I am beyond proud to say that today we have surpassed the $200 million annual recurring revenue (ARR) mark, doubling our ARR in less than 18 months. I am super grateful to the support and commitment of our amazing customers, partners and investors; and of course my fellow Armisers, who have helped to make this all possible.

This is a rare feat especially in such a short space of time and it is a testament to our team’s dedication, the trust of our customers, and our relentless pursuit of excellence in the cybersecurity sector.

The journey from $100M to $200M ARR in less than 18 months has been multi factored. Customers like United Airlines, the U.S Postal Service, Ryanair, Mondelez, Reckitt and Flex trust Armis to help them secure their most critical environments. Great demand from national, state, local and Federal entities has led to increased deployment of Armis’ solutions globally. Armis also saw continued momentum across North America, EMEA and APJ which has led Armis to double its ARR in less than 18 months.

Customers have seen the vision of our Armis Centrix™ platform and its product suites which ensure every organization can see, protect and manage their entire environment. Existing customers have expanded their use of Armis choosing 3-4 products across our portfolio, a sign that we have become a trusted security partner to so many. Our rapid growth is a clear indicator of the effectiveness of our solutions and the unwavering support of our customers and partners.

Continuing the journey ahead

As the market continues to consolidate I see Armis move and expand into yet more adjacent markets that will seek to broaden customer challenges we solve. Our acquisitions earlier this year, now fully integrated into our central platform, have enabled us to offer a truly resilient service from asset management, visibility and identification through to vulnerability management, remediation and threat detection and the trust and support of our customers and partners have been instrumental in achieving this milestone.

As security teams look to consolidate their cybersecurity technology, Armis Centrix™ has become THE complete cyber risk exposure management platform that provides the crucial one true view of threat and risk to any organization. I am so proud to work with some of the most forward-thinking organizations, across every industry and I cannot thank them enough for the faith they place in us.

I have bold aspirations at Armis and the team we have built is just getting started. I am committed to continuing our mission to provide unparalleled cybersecurity solutions and to protect our clients’ digital assets in an ever-evolving threat landscape. Thank you to our customers, partners, and our One Armis team for their unwavering support and trust, without you there would not be the success we have achieved.