Security News > 2020 > January > Insight Partners' Latest Purchase: IoT Security Firm Armis

Private equity firm Insight Partners plans to acquire yet another security company.

Insight Partners had previously invested in Armis; other investors have included Sequoia Capital, Bain Capital Ventures and Red Dot Capital Partners.

"Armis is one of the most ground-breaking enterprise data-centric security solutions that is actively protecting modern businesses today," Jeff Horing, managing director of Insight Partners, says in a statement.

The deal between Insight Partners and Armis is the second significant security acquisition that's happened this week.

Over the past 15 years, Insight Partners has invested in over 20 security companies, including Thycotic, Tenabley, Cylance and Mimecast.

News URL

https://www.inforisktoday.com/insight-partners-latest-purchase-iot-security-firm-armis-a-13584