Monday, April 9, 2018

Armis Finds $30M For IoT Security

Palo Alto-based Armis, a developer of enterprise, Internet-of-Things security software, has raised $30M in a Series B funding. The funding was led by Red Dot Capital Partners, and also included Bain Capital Ventures, Sequoia Capital, and Tenaya Capital. Armis says it has now raised $47M in total. The company has offices in both Palo Alto and Tel Aviv, and now has 50 employees. Yevgeny Dibrov is CEO and co-founder of Armis.