Armadin Raises $255.5 Million In Series B Funding Led By Andreessen Horowitz And Accel

Armadin raised $255.5 million in Series B funding co-led by Andreessen Horowitz (a16z) and Accel, bringing its valuation to more than $2.5 billion and total funding to $445 million just seven months after emerging from stealth. The round also included Bain Capital Ventures and Redpoint, alongside returning investors 8VC, Ballistic Ventures, Google Ventures, In-Q-Tel, Kleiner Perkins and Menlo Ventures, with CEO Kevin Mandia saying the company will use the capital to scale its autonomous security platform, research, training and go-to-market efforts. FOUNDER: Kevin Mandia INVESTORS: Andreessen Horowitz (a16z), Accel, Bain Capital Ventures, Redpoint, 8VC, Ballistic Ventures, Google Ventures, In-Q-Tel, Kleiner Perkins & Menlo Ventures ROUND: Series B AMOUNT: $255,500,000 VALUATION: $2,500,000,000 HQ: Palo Alto, California #VentureCapital #Armadin #KevinMandia #TradedVC