CISO Tribune

Vendor comparison · 2 companies

Armadin vs XM Cyber

Armadin is a cybersecurity company providing an agentic AI, continuous offensive security platform that identifies and proves exploitable risk across the entire attack surface. XM Cyber sells a platform that continuously surfaces every validated exposure that forms real attack paths. CISO Tribune files both under Breach simulation and automated pen-testing. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Armadin
  • XM Cyber
Armadin vs XM Cyber: Products, Customers and Funding Compared
ArmadinArmadin is a cybersecurity company providing an agentic AI, continuous offensive security platform that identifies and proves exploitable risk across the entire attack surface.armadin.comXM CyberXM Cyber sells a platform that continuously surfaces every validated exposure that forms real attack paths.xmcyber.com
What it sells
  • The Ultimate Attacker[1][5]Armadin built the Ultimate Attacker to expose hidden risk before it becomes an adversarial opportunity.
  • Armadin Red[3]AI inference workloads are delivered through Armadin Red.
  • Continuous Exposure Management Platform[4][5]Surfaces validated exposures that form real attack paths.
  • XM Attack Graph Analysis™Maps viable exposures into attack paths that lead to business-critical assets.
Categories
Headquarters
Not stated on its pagesHerzliya, Israel[3]
Founded
Not stated on its pagesNot stated on its pages
Ownership and funding
Not stated on its pagesOwned by Schwarz Group since 2021[2][4][15]
Named customers
Not stated on its pagesNot stated on its pages
Recent news
  • October 1, 2026Armadin raised an additional $255.5 million in Series B funding, bringing its total funding to $445 million.[7]
  • March 10, 2026Armadin announced that it raised $189.9 million in Seed and Series A funding.[6]
Not stated on its pages
G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
  • G2: listed, seen November 10, 2026[15]
  • Gartner Peer Insights: Not stated on its pages
Who it fits
Armadin describes its platform as architected to operate across global environments. Its data agreements include jurisdiction-specific terms for customers in regions such as the EEA, UK, Switzerland, Canada and Australia. Armadin's engineering team builds enterprise security products.From its own pages, XM Cyber does not state organisation size, industries or deployment models it targets. Its business initiatives menu names Operational Technology (OT), Mergers and Acquisitions, Ransomware Readiness and Executive Risk Reporting, but the pages do not describe these as customer segments or buyer roles. This is our reading of the pages, not a recommendation.
Last verified
November 9, 2026November 2, 2026

Where they overlap

  • Armadin and XM Cyber are both filed under Breach simulation and automated pen-testing.

Where they differ, field by field

  • Armadin's primary category is Breach simulation and automated pen-testing; XM Cyber's is Exposure prioritisation and CTEM.
  • Armadin lists The Ultimate Attacker and Armadin Red. XM Cyber lists Continuous Exposure Management Platform and XM Attack Graph Analysis™.
  • XM Cyber is headquartered in Herzliya, Israel.
  • XM Cyber is owned by Schwarz Group, since 2021.

What it sells: XM Cyber

What XM Attack Graph Analysis™ does
XM Attack Graph Analysis™ maps all viable exposures into attack paths from the external attack surface, across on-prem and cloud, to business-critical assets. The platform takes a digital twin approach to prioritize exposures validated against exploitability and reachability conditions, taking into account compensating security controls.

Questions about Armadin and XM Cyber

What do Armadin and XM Cyber sell?
Armadin sells The Ultimate Attacker and Armadin Red. XM Cyber sells Continuous Exposure Management Platform and XM Attack Graph Analysis™.
Are Armadin and XM Cyber in the same category?
They share Breach simulation and automated pen-testing. Armadin's primary category is Breach simulation and automated pen-testing and XM Cyber's is Exposure prioritisation and CTEM.
Where are Armadin and XM Cyber headquartered?
XM Cyber is headquartered in Herzliya, Israel.
Who owns Armadin and XM Cyber?
XM Cyber is owned by Schwarz Group, since 2021.
Who are Armadin and XM Cyber sold to?
Armadin describes its platform as architected to operate across global environments. From its own pages, XM Cyber does not state organisation size, industries or deployment models it targets.
What have Armadin and XM Cyber announced recently?
October 1, 2026: Armadin raised an additional $255.5 million in Series B funding, bringing its total funding to $445 million.

About Armadin

Armadin is a cybersecurity company providing an agentic AI, continuous offensive security platform that identifies and proves exploitable risk across the entire attack surface. Armadin combines red team expertise with autonomous AI-driven attacker swarms to uncover real paths to compromise and to prioritize remediation.[4][5]

Armadin's platform charts the attack surface, enumerates hosts, profiles people and analyzes defenses. Armadin's attacker probes in parallel, swarming weak points and learning from each attempt.[4]

Armadin builds seasoned red team methodology into autonomous agents that model real attacker behavior. Armadin's platform has guardrails for controlled execution and scoped impact. Every validated kill chain in Armadin's platform comes with prioritized guidance. Armadin's platform is architected to operate across global environments.[4]

Armadin's team includes red teamers, AI builders and cybersecurity pioneers.

Travis is a founder and Chief Technology Officer at Armadin and leads the company's product and engineering efforts. David is responsible for defining Armadin's AI-driven architecture. Vasu leads Armadin's strategy, strategic partnerships, marketing, communications, customer success and corporate development initiatives. Frank serves as Chief Financial Officer of Armadin. Chinmaya leads Armadin's engineering team, and Greg is responsible for Armadin's product portfolio.

George Kurtz, the CEO and founder of CrowdStrike, joined the Armadin Board in 2026. Retired General Paul M. Nakasone, the former Director of the NSA, joined the Armadin Board in 2026. Ping Li, a partner at venture capital firm Accel, joined the Armadin Board in 2026. Jake Seid, co-founder of Ballistic Ventures, led Armadin's seed round and joined the Armadin Board in 2026.

Armadin has a Data Processing Agreement that governs how Armadin processes personal information on behalf of its customers. Armadin has a July 2026 cross-border data transfer framework for customer personal data. Armadin, Inc. has an End User License Agreement for its services. Armadin had an independent third-party penetration test conducted in 2026.[1][4][5]

Armadin on the record

Sources

Armadin full record

  1. [1]armadin.comArmadin · armadin.com · undated page, accessed October 7, 2026 · Tier A
  2. [2]Expert AI Cybersecurity & Cyber Defense Company | ArmadinArmadin · undated page, accessed October 7, 2026 · Tier A
  3. [3]Trust Center - ArmadinArmadin · undated page, accessed October 31, 2026 · Tier A
  4. [4]AI Cybersecurity Platform | Armadin Enterprise Grade TechnologyArmadin · undated page, accessed October 31, 2026 · Tier A
  5. [5]Armadin: AI-native cybersecurity platformArmadin · undated page, accessed October 31, 2026 · Tier A
  6. [6]Armadin Secures Record-Breaking $189.9M in Seed and Series A Funding to Combat the Era of AI-Driven HyperattacksArmadin · published March 10, 2026 · Tier A
  7. [7]Investors Back Armadin Platform Strategy with New Round of FundingArmadin · published October 1, 2026 · Tier A

XM Cyber full record

  1. [1]xmcyber.comXM Cyber · xmcyber.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Schwarz group acquires israeli hybrid cloud cybersecurity innovator xm cyberXM Cyber · xmcyber.com · published November 22, 2021 · Tier A
  3. [3]0,7340,L 3734737,00Calcalist · calcalistech.com · published March 23, 2018 · Tier B
  4. [4]Continuous Exposure Management | XM CyberXM Cyber · undated page, accessed October 30, 2026 · Tier A
  5. [5]Use case- Audit & ComplianceXM Cyber · undated page, accessed November 10, 2026 · Tier A
  6. [6]Platform | XM CyberXM Cyber · undated page, accessed November 10, 2026 · Tier A
  7. [7]Security Controls MonitoringXM Cyber · undated page, accessed November 10, 2026 · Tier A
  8. [8]Vulnerability Risk ManagementXM Cyber · undated page, accessed November 10, 2026 · Tier A
  9. [9]XM Cyber for Continuous Exposure Prioritization | XM CyberXM Cyber · undated page, accessed November 10, 2026 · Tier A
  10. [10]Safely Adopt AI Without Introducing RiskXM Cyber · undated page, accessed November 10, 2026 · Tier A
  11. [11]Case Studies | XM CyberXM Cyber · undated page, accessed November 10, 2026 · Tier A
  12. [12]Security, Compliance and Privacy | XM CyberXM Cyber · undated page, accessed November 10, 2026 · Tier A
  13. [13]Solution Briefs | XM CyberXM Cyber · undated page, accessed November 10, 2026 · Tier A
  14. [14]XM Cyber Named a Challenger in the Gartner® Magic Quadrant™ for Exposure Assessment Platforms | XM CyberXM Cyber · published November 13, 2025 · Tier A
  15. [15]XM Cyber Exposure Management Platform Reviews 2026G2 · undated page, accessed November 10, 2026 · Tier C

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