Armis Awarded as Technology Pioneer by World Economic Forum

Armis, the enterprise IoT security company, today announced it was selected among hundreds of candidates as one of the World Economic Forum’s “technology pioneers.”

Palo Alto, CA – June 21, 2018

• World Economic Forum on Thursday announced its selection of the world’s 61 most promising Technology Pioneers 2018, the most diverse class of such pioneers ever.
• Companies were selected for their potential to “transform society and industry” and “shape the Fourth Industrial Revolution,” Fulvia Montresor of the World Economic Forum said.
• Armis, the enterprise IoT security company, made it to the selection for its contributions in the field of cyber security.
• The full list of recognized Technology Pioneers can be viewed here.

Armis, the enterprise IoT security company, today announced it was selected among hundreds of candidates as one of the World Economic Forum’s “technology pioneers.” As the world is becoming increasingly connected, the growth of Internet of Things is sparking a digital transformation larger in scope than the PC and Mobile revolutions, combined. However, these connected devices are built without security in mind, and businesses are not able to see and manage these new devices. Armis is eliminating the IoT security blind spot for Fortune 1000 companies, helping them to see and control any device.

The World Economic Forum’s Technology Pioneers community are early-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society.

This year’s cohort is the most diverse ever, both geographically and in terms of gender. 25% are female-led, and a majority (54%) come from regions outside the United States and Silicon Valley, with each continent represented, barring Antarctica. There is also a wide variety in the technologies the pioneers focus on: the focus technologies include artificial intelligence, big data and internet of things (IoT), biotechnology, blockchain, autonomous vehicles, cyber security, vertical farming and other agricultural advances, decentralised microgrids and robotics. The full list of technology pioneers can be found here.

Following its selection as Technology Pioneer, CEO Yevgeny Dibrov of Armis will be participating in the World Economic Forum Annual Meeting of the New Champions. This meeting, also dubbed “Summer Davos” will be held in Tianjin, China, September 18-20. Many Pioneers will also attend the Annual Meeting in Davos, in January 2019, and continue to contribute to Forum initiatives in the course of the next two years.

“We welcome Armis in this diverse group of technology pioneers,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “Armis and its fellow pioneers are front and centre in shaping the ongoing Fourth Industrial Revolution and we believe they will be transforming society and industry in a positive way in the years to come.”

“Being recognized as a tech pioneer by the World Economic Forum is a tremendous honor,” said Yevgeny Dibrov, CEO and co-founder of Armis. “The world is connected by devices as never before, and part of that reality is the security implications that are arising alongside it. Unfortunately, while IoT devices add productivity gains for businesses, they also create a new attack landscape that businesses can’t protect, and are already being exploited by hackers. In alignment with the World Economic Forum’s recognition of the Fourth Industrial Revolution, we believe that IoT will transform the face of business in perpetuity, and it’s our mission to enable that to happen securely.”

The Technology Pioneers were selected by a selection committee of more than 61 academics, entrepreneurs, venture capitalists and corporate executives. The committee based its decisions on criteria including innovation, potential impact and leadership. Past recipients include Airbnb, Google, Kickstarter, Mozilla, Palantir Technologies, Spotify, TransferWise, Twitter and Wikimedia.

All info on this year’s Technology Pioneers can be found here: http://wef.ch/techpioneers18

More information on past winners can be found here.

About Armis

Armis is the first agentless, enterprise-class security platform to address the new threat landscape of unmanaged and IoT devices. Fortune 1000 companies trust our unique out-of-band sensing technology to discover and analyze all managed, unmanaged, and IoT devices—from traditional devices like laptops and smartphones to new unmanaged smart devices like smart TVs, webcams, printers, HVAC systems, industrial robots, medical devices and more. Armis discovers devices on and off the network, continuously analyzes endpoint behavior to identify risks and attacks, and protects critical information and systems by identifying suspicious or malicious devices and quarantining them. Armis is a privately held company and headquartered in Palo Alto, California. Follow us on Twitter, LinkedIn and Facebook.

About Bain Capital Ventures

Bain Capital Ventures partners with disruptive founders to accelerate their ideas to market. The firm invests from seed to growth in startups driving transformation across industries, from security and cloud infrastructure to logistics and e-commerce to finance and healthcare. The firm has helped launch and commercialize more than 240 companies, including DocuSign, Jet.com, Kiva Systems, Lime, LinkedIn, Rapid7, Redis Labs, Rent the Runway, Rubrik, SendGrid and SurveyMonkey. Bain Capital Ventures has $5.2 billion in assets under management with offices in San Francisco, New York, Boston and Palo Alto. Follow the firm via LinkedIn and Twitter.