Armis Hits $300 Million in Annual Revenue on IPO Path (1)

Armis, the cybersecurity startup eyeing an initial public offering in 2026, has reached $300 million in annual recurring revenue, Chief Executive Officer Yevgeny Dibrov said in an interview with Bloomberg.

That’s up from $200 million from last August, when it announced that it had doubled sales in less than 18 months. Meanwhile, Dibrov said Armis is still assessing the right time for a public listing. “The IPO will happen,” he said, “but it will happen at the right time to maximize shareholders’ and employees’ value.”

The San Francisco-based company specializes in identifying, tracking and helping protect the devices of ...