Armis raises $30 million Series B as enterprise IoT security heats up

Press release published by: https://techcrunch.com/
Source URL: https://techcrunch.com/2018/04/09/armis-raises-30-million-series-b-as-enterprise-iot-security-heats-up/

When Armis launched in 2015, the company founders looked over the horizon and they saw the Internet of Things requiring a strong security layer. Today, the IoT security startup announced a $30 million Series B.

The company has attracted a strong group of venture capitalists. The round was led by Bain Capital Ventures and Red Dot Capital. Sequoia Capital and Tenaya Capital, who were investors in earlier rounds, also participated. Today’s investment brings the total raised to $47 million.

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