Insight Partners Acquires Armis for $1.1 Billion

January 6, 2020

Insight Partners completed the acquisition of Armis, the Palo Alto–headquartered enterprise IoT security platform, at a $1.1 billion valuation with participation from CapitalG. Armis will continue to operate independently under its co-founders while leveraging Insight’s ScaleUp resources to accelerate product and go-to-market expansion.

Buyers
Insight Partners, CapitalG
Targets
Armis
Industry
Cybersecurity
Location
California, United States
Transaction Type
Buyout

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