Armis Raises $150M for Cybersecurity Solutions and Expansion

Armis Acquires Silk Security

Armis Acquires Silk Security

Key Highlights:

  • Acquisition: Armis, a San Francisco-based asset intelligence cybersecurity company, has acquired Silk Security, a Santa Clara-based platform for cyber risk prioritization and remediation, for $150 million.
  • Integration and Consolidation: Armis will integrate the Silk Platform into its AI-based Vulnerability Prioritization and Remediation solution, providing security teams with a consolidated view of security findings from various sources of data.
  • Expanded Capabilities: The acquisition enhances Armis' ability to manage and automate remediation processes, empowering security and developer teams to effectively address security findings.

Armis' Target Market

  • Target Market: Armis primarily serves Fortune 100, 200, and 500 companies, as well as national governments and state and local entities.
  • Organizations with Critical Infrastructure: Armis provides cybersecurity solutions to organizations with critical infrastructure, helping them stay safe and secure.
  • Companies Prioritizing Cyber Risk Management: Armis' solutions are ideal for organizations that prioritize managing their cyber risk exposure in real time.

What Armis Needs to Buy

  • Technology Integration Partners: Collaborations with companies specializing in integrating and consolidating cybersecurity solutions.
  • Research and Development Support: Partnerships with research organizations to enhance and develop new cybersecurity technologies.
  • Strategic Alliances: Collaborations with industry leaders and government entities to strengthen cybersecurity capabilities and expand market reach.