Telefonica's ElevenPaths ink global IoT security deal with Subex

Israeli cybersecurity company Armis announced the closing of a USD 125 million financing round led by Brookfield Asset Management at a company valuation of USD 2 billion. This latest financing round comes a year after US venture capital firm Insight Partners acquired control of Armis for almost half the current valuation, USD1.1 billion. Existing investors took part in the latest financing round, including Insight and CapitalG, Alphabet’s growth fund, and Georgian.

(Excerpt) Read more Here | 2021-02-11 11:15:00
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