ServiceNow acquiring Armis for $7.75 billion in all-cash deal
The Israeli cybersecurity unicorn raised $435 million at a $6.1 valuation just last month.
Armis, the Israeli-founded cybersecurity company, has been acquired by ServiceNow for $7.75 billion in cash.
Armis raised $435 million in a new funding round at a valuation of $6.1 billion just last month, marking one of the largest private financings in the sector this year.
The round was led by Growth Equity at Goldman Sachs Alternatives with major participation from CapitalG, and was joined by new investor Evolution Equity Partners, alongside several existing investors.
The financing follows a secondary round completed in July, when Armis was valued at $4.5 billion, and a 2024 funding round valuing it at $4.3 billion.
Armis recently surpassed $300 million in annual recurring revenue (ARR) - a $100 million increase in under a year - driven partly by acquisitions, including that of Israeli company Autorio.
“ServiceNow is building the security platform of tomorrow,” said Amit Zavery, president, chief operating officer, and chief product officer at ServiceNow. “In the agentic AI era, intelligent trust and governance that span any cloud, any asset, any AI system, and any device are non-negotiable if companies want to scale AI for the long-term. Together with Armis, we will deliver an industry-defining strategic cybersecurity shield for real-time, end-to-end proactive protection across all technology estates. Modern cyber risk doesn’t stay neatly confined to a single silo, and with security built into the ServiceNow AI Platform, neither will we.”
“AI is transforming the threat landscape faster than most organizations can adapt. Every connected asset has become a potential point of vulnerability,” said Yevgeny Dibrov, co-founder and CEO, Armis. “We built Armis to protect the most critical environments and give both public and private sector organizations the real-time intelligence they need to stay ahead – so they can see their entire environment clearly, understand risk in context, and take action before an incident occurs. Together with ServiceNow, customers will have a powerful new way to reduce their exposure and strengthen security at scale.”
Founded in 2015 by Yevgeny Dibrov (CEO) and Nadir Izrael (CTO), Armis develops cybersecurity technology designed to secure critical infrastructure and give organizations real-time visibility and protection across their entire digital attack surface, from local networks to cloud environments. The company employs about 950 people in Israel and worldwide.
According to ServiceNow, the acquisition is expected to more than triple its market opportunity for security and risk solutions and accelerate its roadmap to autonomous proactive cybersecurity. The transaction is expected to close in the second half of 2026.
