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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