Armis Weighing as Many as Seven Offers for Stakes in Cyber Firm

The cybersecurity startup Armis is weighing around six to seven offers from investors for a stake in the company, its top executive said.

The company’s executives and its board are reviewing the offers, Chief Executive Officer Yevgeny Dibrov said in an interview with Bloomberg this week. He cautioned that the company is mainly focused on reaching $1 billion in annual recurring revenue in three years. Dibrov said his firm isn’t working with an investment banker and is still seeking an initial public offering in 2026.

Armis CEO Yevgeny Dibrov speaking at the Bloomberg office in New York

Photographer: Victor J. Blue/Bloomberg

Thoma Bravo has been in talks to buy a stake in Armis, according to ...