INSUBCONTINENT EXCLUSIVE:
the market, as the startup reports 700 percent growth in the last year
That caught the attention of investors, who awarded them a $65 million Series C investment to help keep accelerating that growth.Sequoia
Capital led the round with help from new investors Insight Venture Partners and Intermountain Ventures
Returning investors Bain Capital Ventures, Red Dot Capital Partners and Tenaya Capital also participated
If you have devices where you cannot apply an agent to track them, how do you manage them Nadir Izrael, company co-founder and CTO, says you
have to do it very carefully because even scanning for ports could be too much for older devices and they could shut down
Instead, he says that Armis takes a passive approach to security, watching and learning and understanding what normal device behavior looks
Basically, every client of Armis is constantly learning how devices behave
hit upon a security pain point
They announced a $30 million Series B almost exactly a year ago, and they went back for more because they were growing quickly and needed
the capital to hire people to keep up.That kind of growth is a challenge for any startup
The company expects to double its 125-person work force before the end of the year, but the company is working to put systems in place to
incorporate those new people and service all of those new customers.The company plans to hire more people in sales and marketing, of course,
but they will concentrate on customer support and building out partnership programs to get some help from systems integrators, ISVs and
MSPs, who can do some of the customer hand-holding for them.
