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Nadir Izrael, Co-founder & CTO at Armis Security: Armis got acquired by ServiceNow for $7.75B
Description
Armis Security builds software that helps organisations understand and secure everything connected to their environment, from devices to critical infrastructure.
The company has grown past $300 million in ARR, with customers expanding usage as new products are added, and was acquired by ServiceNow in a $7.75 billion all-cash deal, at a time when AI is increasing both the scale of what needs to be secured and how quickly attacks are carried out.
The Scaling Europe show is presented by Deel - check them out here:
https://get.deel.com/ruynb7o4lfjk
Sponsors:
SurrealDB: The multi-model database for AI agents. Check them out here: https://surrealdb.com/
Omni: The AI analytics platform trusted by fast-growing companies like Perplexity, Synthesia, and dbt Labs. Check them out here: https://omni.co/
Venture Comet: The platform that gives startups and scale-ups real-time equity tracking, daily business insights and automated management information. Check them out here: https://venturecomet.com/
Timestamps:
0:33 - Introduction and Armis acquisition
0:57 - What Armis does
1:48 - The ServiceNow acquisition
3:21 - How the deal came together
5:43 - Growth and scaling to $300M+ ARR
8:01 - AI changing cybersecurity
10:26 - Security for AI and AI-driven attacks
12:57 - ServiceNow and the AI opportunity
14:50 - IDF background and founder mindset
17:18 - Israeli ecosystem and networks
19:08 - Investing and supporting founders