Enterprise IoT security startup raises $65M to tackle new threat landscape: Page 2 of 2

April 12, 2019 //By Rich Pell
Enterprise IoT security startup raises $65M to tackle new threat landscape
Enterprise IoT security startup Armis (Palo Alto, CA) has announced that it has raised $65 million in Series C funding to help it accelerate sales and development of its cross-industry IoT security solution.
total funding to $112 million, was led by Sequoia Capital, with participation from Insight Venture Partners and Intermountain Ventures joining. Bain Capital Ventures, Red Dot Capital Partners, and Tenaya Capital also participated as return investors. Carl Eschenbach, partner at Sequoia, joined the board of directors.

"Armis offers companies unprecedented visibility across managed and unmanaged devices during a time when the number of IoT devices is exploding," says Eschenbach. "As every industry and market segment faces the issue of identifying and securing these devices, Armis is providing the best solution with their easy to install, agent-less platform."


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