Armis founders set to pocket $465 million each in $7.75 billion ServiceNow sale
Six percent stakes deliver one of the largest personal payouts in Israeli tech.
ServiceNow's $7.75 billion acquisition of Armis in cash placed the deal among the largest exits yet for an Israeli-founded cybersecurity company. Less visible, but no less consequential, are the personal windfalls for Armis’s two founders.
Yevgeny Dibrov, the company’s CEO, and Nadir Izrael, its CTO, each hold roughly 6 percent of Armis. That stake translates into approximately $465 million in cash for each founder once the transaction closes.
The payout caps a rapid run-up in valuation for Armis, which was founded in 2015 and has grown into a major player in cyber exposure management. Just last month, the company raised $435 million at a valuation of $6.1 billion, one of the largest private financings in the sector this year. Before that, Armis completed a secondary round in July at a $4.5 billion valuation, following a 2024 funding round that valued the company at $4.3 billion.
The largest shareholder is Insight Partners, which holds approximately 55 percent of the company, positioning it as the primary beneficiary of the cash transaction.
Armis’s rise has been underpinned by strong revenue growth. The company recently surpassed $300 million in annual recurring revenue, an increase of about $100 million in under a year. That growth was driven in part by acquisitions, including the purchase of Israeli company Autorio, and by expanding demand for tools that secure complex environments spanning IT systems, operational technology and cloud infrastructure.
Founded by Dibrov and Izrael nearly a decade ago, Armis employs about 950 people in Israel and worldwide. Its platform is designed to give organizations real-time visibility across their entire digital attack surface, from local networks to cloud environments.
