"Founded in 2016, Armis is a privately held company with large enterprise clients such as United Airlines, Colgate Palmolive, and Mondelez. The company's software continually discovers and monitors every part of a customer's technology stack including IT, operational technology, internet of things, and connected medical devices. It combines that with automated risk scoring and vulnerability detection to help IT teams root out risks to the system, enforce security polities, and stop threats before they hit operations."
"ServiceNow has had GRC, governance, risk, and compliance, at the higher level. They are well rated for GRC and so they're kind of going top down. I mean security is essentially applied risk management. Basically they're worked systematically down the stack ... It really kind of shows in real time how we are seeing the emergence of a consolidated IT management graph."
ServiceNow is nearing a deal to buy Armis for $7.1 billion to give customers full-stack visibility of their IT estates and eliminate security blind spots. Armis, founded in 2016, serves large enterprises including United Airlines, Colgate Palmolive, and Mondelez. Its software continuously discovers and monitors IT, operational technology, IoT, and connected medical devices while combining automated risk scoring and vulnerability detection to help IT teams identify risks, enforce security policies, and prevent operational threats. Armis raised $435 million recently at a $6.1 billion valuation and reported over $300 million in annual recurring revenue. ServiceNow previously acquired Veza for identity access management.
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