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Insight Partners To Acquire Armis Security At $1B Valuation

Venture capital and private equity firm Insight Partners plans to acquire Armis Security at a valuation of $1.1 billion, the company announced Monday.

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.

“We considered growth rounds and strategic offers, but by partnering with Insight we have the best of both worlds – operational support and independence, both of which were important in our decision to take on a scaleup partner this early in our company journey.”

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