Sidley assisted Armis Security, a leading asset intelligence cybersecurity company, in its US$200 million Series D financing, valuing the company at over US$4 billion. The round was led by General Catalyst and Alkeon Capital, along with existing investors Brookfield and Georgian, joining the company’s other backers, which include Insight Partners, CapitalG, and One Equity Partners. Sidley also represented Armis Security in its acquisition of Silk Security, a leading platform for cyber risk prioritization and remediation, earlier this year.
The Sidley team was led by Martin Wellington (M&A and Private Equity) and Dr. Idan Netser (Emerging Companies and Venture Capital, Tax), and included Nicholas Frey (Employee Benefits and Executive Compensation); Jason Menzies and Jonathan Westreich (Tax); and Samantha Carvalho (M&A and Private Equity).