Cyber Firm Armis Aims for 2026 IPO

Growth & Demand - Company has added over 100 million users in less than 12 months since reaching 200 million milestone [2] - Massive growth and demand are being experienced [1][2] - Continued geopolitical tensions and attacks on critical infrastructure are contributing to increased demand in cyber security [2][3] Market Position & Strategy - Company protects 40% of the Fortune 10 companies [2] - Customers desire fewer platforms (5-10) instead of 70+ point solutions for critical environment protection [4][5] - Company is focusing on integrating acquired companies, but continues to consider build, buy, or partner strategies [7] - Company aims to add two more products this year to complete a seven-product platform [7] - Company is taking market share from competitors like Palo Alto Networks, Microsoft, and Tenable [10] Financial Goals & Future Plans - Company aims for $1 billion in ARR (Annual Recurring Revenue) as a milestone in the next three years [8][11] - IPO is a potential goal, possibly as soon as next year (2026), to maximize shareholder and employee value [8][11]