Armis CEO Yevgeny Dibrov on Cybersecurity Deals and IPO Plans

Armis CEO Yevgeny Dibrov discusses his cybersecurity startup's growth, including acquisitions and partnerships. Armis protects "Internet of Things" devices from hackers and works with 40% of Fortune 100 organizations. Dibrov mentions potential future deals and IPO plans, citing Figma's successful IPO as an encouraging sign for the market.

Yevgeny Dibrov, CEO of cybersecurity startup Armis, recently shared insights into the company's growth trajectory and future plans. Armis, founded in 2015, specializes in protecting "Internet of Things" (IoT) devices from cyber threats. The company has seen significant expansion, with partnerships and acquisitions playing a crucial role in its growth.

Dibrov highlighted that Armis now works with 40% of Fortune 100 organizations, as well as major airports, sports venues, retail stores, and government facilities. The company's growth has been fueled by strategic acquisitions, including Silk Security for $150 million and Otorio for $120 million. Both acquisitions were integrated into Armis' platform to enhance its ability to manage cybersecurity threats.

While open to partnerships and additional deals, Dibrov stated that Armis is not actively seeking an acquisition. Instead, the company is focused on organic growth and has recently closed an employee tender that increased its value to $4.5 billion. The CEO noted that the company is preparing for an initial public offering (IPO) but is not in a rush to proceed. The successful IPO of design software firm Figma last week is seen as a positive sign for the market, encouraging Armis to consider its own IPO plans.

Dibrov emphasized that the cybersecurity sector is currently experiencing a surge in dealmaking, with notable acquisitions such as Palo Alto Networks' purchase of CyberArk for $25 billion and Google's acquisition of Wiz for $32 billion. Armis' roots in the Israeli military and its focus on IoT security have positioned it as a key player in this rapidly evolving market.

[1] https://www.bloomberg.com/news/newsletters/2025-08-04/cybersecurity-startup-armis-ceo-yevgeny-dibrov-talks-deals-ipo
[2] https://www.calcalistech.com/ctechnews/article/s1x6jvbr1l