Kevin Mandia’s new ‘agent swarm’ security startup Armadin raises $255.5M at $2.5B valuation
Cybersecurity startup Armadin, founded by Mandiant creator Kevin Mandia, has raised $255.5 million at a $2.5 billion valuation. The company utilizes 'agentic swarms' to perform continuous, automated security testing for enterprises.
Why it matters
The massive funding round underscores the growing investor appetite for AI-driven cybersecurity solutions that proactively identify vulnerabilities.
Kevin Mandia, best known as the founder of cybersecurity startup Mandiant that sold it to Google for $5.4 billion in 2022 , has raised $255.5 million for his latest startup, Armadin, at a valuation of more than $2.5 billion, the company announced on Thursday.
The Series B round was led by Andreessen Horowitz and Accel, with Bain Capital Ventures, Redpoint, 8VC, Ballistic Ventures, Google Ventures, In-Q-Tel, Kleiner Perkins, and Menlo Ventures joining in.
The new round comes just six months after Armadin raised a $190 million Series A in March. It has now raised more than $445 million.
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