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Armadin valued over $2.5B after new funding round

Reuters

Armadin raised new funding and increased its valuation to over $2.5B. The report pegs the post-round valuation at above $2.5B. The company’s financing and market valuation change as a result, with no additional operational details provided.

Why it matters

Reuters reports that AI cybersecurity startup Armadin is valued over $2.5B after a new funding round. The issue frames it as a major valuation jump for the company.

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