Palo Alto, California-based Armis, an enterprise IoT security company, has raised $65 million in Series C funding. Sequoia Capital led the round with participation from Insight Venture Partners, Intermountain Ventures, Bain Capital Ventures, Red Dot Capital Partners and Tenaya Capital. In addition to the funding, Carl Eschenbach, a partner at Sequoia, joined the Armis board of directors.
Source: Press Release