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Insight Partners To Acquire Armis Security At $1B Valuation
0 Shares EmailFacebookTwitterLinkedInVenture capital and private equity firm Insight Partners plans to acquire Armis Security at a valuation of $1.1 billion, the company announced Monday.
The transaction is expected to close in February, and the company did not disclose the acquisition price.
Other investors include Bain Capital Ventures and Red Dot Capital Partners.
With its acquisition by Insight, Armis will still operate independently and be managed by co-founders Yevgeny Dibrov and Nadir Izrael, the company’s CEO and CTO, respectively, and its executive team.
Insight founder Jeff Horing, managing director Teddie Wardi and Cyberstarts founder Gili Raanan will be on Armis’ board of directors. | To read full story, visit https://startuparound.com/read/1578353407.4533331/Insight-Partners-To-Acquire-Armis-Security-At-$1B-Valuation?ref=audio_experience
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By Startup Around0 Shares EmailFacebookTwitterLinkedInVenture capital and private equity firm Insight Partners plans to acquire Armis Security at a valuation of $1.1 billion, the company announced Monday.
The transaction is expected to close in February, and the company did not disclose the acquisition price.
Other investors include Bain Capital Ventures and Red Dot Capital Partners.
With its acquisition by Insight, Armis will still operate independently and be managed by co-founders Yevgeny Dibrov and Nadir Izrael, the company’s CEO and CTO, respectively, and its executive team.
Insight founder Jeff Horing, managing director Teddie Wardi and Cyberstarts founder Gili Raanan will be on Armis’ board of directors. | To read full story, visit https://startuparound.com/read/1578353407.4533331/Insight-Partners-To-Acquire-Armis-Security-At-$1B-Valuation?ref=audio_experience