Armis, the asset visibility and security provider, announced today that it has surpassed the 100m USD mark in annual recurring revenue (ARR) growing from 1m USD to 100m USD in less than 5 years. This, it says, makes the company one of the fastest-growing centaurs in the SaaS and cloud technology space and the fastest-growing cyber start-up for asset visibility, intelligence and security.
“Making centaur status so quickly is testament to the business use cases we solve and why customers around the world have chosen us over anyone else,” said Yevgeny Dibrov, CEO and Co-founder of Armis. “Armis offers a comprehensive platform to enable customers to address all their asset visibility, vulnerability, intelligence and security needs in one place. As we look towards future opportunities, including a potential IPO, we continue to ensure we are growing efficiently, maximising our business and partner model and remain on track to cash flow profitability.”
The company attributes its explosive growth having been driven by its award-winning asset visibility and security platform which has been adopted by the world’s leading organisations and Fortune 100 companies, such as Colgate-Palmolive, Mondelez International, DocuSign, Allegro Microsystems and Takeda Pharmaceuticals in addition to many national, state, regional and federal entities across North America, EMEA and APJ.
For Takeda Pharmaceuticals, one of the biggest risks is a disruption in supply chain continuity, which would slow or prevent the delivery of medicine to patients,“ said milestone reached asset visibility intelligence company armis
