Israeli Startup Armis Eyes $1 Billion in Revenue as It Prepares for IPO

Armis Technologies, an Israeli cybersecurity company specializing in Internet of Things (IoT) protection, has announced its ambitious goal to reach $1 billion in annual revenue within the next two years. As part of its growth strategy, the company is preparing for an initial public offering (IPO), expected either at the end of 2025 or the beginning of 2026, depending on market conditions.

Founded in 2015, Armis has rapidly become a key player in securing connected devices, serving major global corporations and government organizations. The anticipated IPO will provide fresh capital to support the company’s research, sales expansion, and global growth.

To date, Armis has raised hundreds of millions in funding and is currently valued at over $3 billion.