# vArmour Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/varmour-networks

- Industry: Software
- Headquarters: Los Altos, US
- Website: www.varmour.com
- Total disclosed funding: $170M
- Latest round: Series F (Jan 7, 2021)
- Investors on record: 13

## About

Based in the US, vArmour Networks, Inc. is a cybersecurity firm specializing in application relationship management software that enhances visibility and resilience across IT infrastructures and cloud applications.vArmour Networks, Inc. provides cybersecurity solutions focused on application relationship management. Founded in 2011 in Los Altos, US, the company has raised a total of USD 58.00 mn, with its latest funding round being Series F. The CEO, Matt Gyde, leads the company, which has completed nine deals to date, with its most recent being on January 27, 2025. In January 2025, vArmour was acquired by Fenix24, a portfolio company of Eos Venture Partners, from NightDragon, although the financial terms of the transaction were not disclosed.The company specializes in providing innovative technology solutions designed to enhance operational efficiency across various industries. Its core product offerings include a software platform that integrates data analytics and business intelligence tools, aimed at streamlining decision-making processes for businesses of all sizes. The platform supports a range of use cases, including supply chain management, customer relationship management, and financial forecasting, thus enabling users to optimize resource allocation and improve overall performance. Target customers encompass a diverse client base, including medium to large enterprises in sectors such as manufacturing, logistics, and retail, primarily serving markets in North America and Europe. This strategic focus allows the company to address specific industry challenges while delivering tailored solutions that drive productivity and profitability.The company's revenue model is structured around a subscription-based framework, where clients pay for access to its software platform and associated services. Transactions typically occur on an annual or monthly subscription basis, enabling clients to scale their usage according to their operational needs. This B2B approach is complemented by partnerships with industry-specific service providers, enhancing the value proposition for end users. Flagship products include the proprietary analytics suite, which is priced based on user tiers, ensuring flexibility for businesses at various stages of growth. This pricing strategy is designed to accommodate both individual users and larger organizations requiring comprehensive access to advanced features, thereby fostering long-term client relationships and consistent revenue streams.As part of its future growth strategy, vArmour Networks, Inc. aims to enhance its product offerings by integrating their application relationship management software into Fenix24's Argos99 platform, with the acquisition completed in January 2025. This integration is expected to improve cyber resiliency and provide better visibility into IT infrastructure and cloud applications for faster recovery. The funding from the Series F round will be directed towards facilitating these enhancements and expanding their market presence. The specific target markets for expansion and any upcoming product launches have not been disclosed.

## Funding rounds

- Series F, Jan 7, 2021, $58M — AllegisCyber Capital, Highland Capital Partners, SG Growth Capital, Titanium Ventures, Redline Capital Management, NightDragon, SC Ventures
- Series E, Dec 12, 2018, $44M — AllegisCyber Capital, NightDragon
- Series D, Sep 15, 2015, $26M — Titanium Ventures, Redline Capital Management
- Series C, Aug 20, 2014, $21M — Highland Capital Partners, Citi Ventures, Columbus Nova Technology Partners, Work-Bench
- Series B, Dec 23, 2013, $15M — Highland Capital Partners, Menlo Ventures, Vanedge Capital, DNX Ventures
- Series A, Dec 20, 2012, $5.9M — Highland Capital Partners

## Investors

- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series A, Series B, Series C, Series F
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B
- Vanedge Capital (https://capitalatlas.ai/funds/vanedge-capital) — Series B
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series B
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series C
- Columbus Nova Technology Partners (https://capitalatlas.ai/funds/columbus-nova-technology-partners) — Series C
- Work-Bench — Series C
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series D, Series F
- Redline Capital Management (https://capitalatlas.ai/funds/redline-capital-management) — Series D, Series F
- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series E, Series F
- NightDragon (https://capitalatlas.ai/funds/nightdragon) — Series E, Series F
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series F
- SC Ventures — Series F