CapitalG took part in a round that valued the cybersecurity software provider at $2bn and came just over a year after it was acquired for $1.1bn.
US-based device security technology provider Armis agreed on Tuesday to raise an amount reported by Bloomberg to be $125m in funding, from investors including internet and technology group Alphabet’s CapitalG unit.
The round was led by Brookfield Technology Partners, a subsidiary of alternative asset manager Brookfield Asset Management, and will value the company at $2bn. It includes Insight Partners, the growth equity firm that acquired Armis in a $1.1bn deal in January 2020.
Founded in 2015, Armis has developed…
