- Axonius, which lets organizations manage and track computing-based assets.
- Axonius raises $100 Million for asset management.
- It is a Series D that values the company at over $1 billion ($1.2 billion).
- It covers millions of devices at customers like The New York Times, Schneider Electric.
Axonius is an Israel-based company founded in 2017 by Dean Sysman, Ofri Shur, and Avidor Bartov. Axonius is a cybersecurity asset management company that offers subscription-based software. It is to help enterprises manage and secure their increasing number of bring-their-own devices, IoT sensors, and cloud-based applications. The founding trio is alumni of Unit 8200, the Israel Defense Forces’ elite signal intelligence and code decryption unit.
It delivers a unified, extensible, and open system that integrates information from networked devices and existing device-specific standalone management services. Creating a single visibility and control environment, enabling Information technology and security operations teams to safely engage device adoption and usage at scale.
Axonius, Raises $100 Millions for asset management.
Axonius, an NYC-based cybersecurity asset management company, raised $100m in Series D funding. The round was led by Stripes, with participation from existing investors Bessemer Venture Partners (BVP), OpenView, Lightspeed, and Vertex. Ken Fox, founder, and partner at Stripes will join the Axonius board of directors. This latest round follows a 2020 investment of $58m, increasing total funding to $195m at a greater than $1 billion valuation.
Led by Dean Sysman, CEO and co-founder, Axonius is a cybersecurity asset management platform. It gives organizations a comprehensive asset inventory. It uncovers security solution coverage gaps and automatically validates and enforces security policies. Integrating it with over 300 security and management solutions, the solution is deployed in minutes, improving cyber hygiene immediately. It covers millions of devices at customers like The New York Times, Schneider Electric, AB InBev, Landmark Health, AppsFlyer, and many more.
The Israel-based startup stated will utilize the new funds to accelerate its customer growth.
The Israel-based startup stated that it will utilize the new funds to accelerate its customer growth, further develop product innovations, and expand the offerings of its flagship product—Cybersecurity Asset Management Platform. Axonius provides cybersecurity asset management services to public and private enterprises with its cybersecurity asset management platform that integrates information from connected devices to manage and secure them constantly.
Its asset management platform creates a single point of view into connected devices, including desktops, laptops, servers, cloud instances, mobile devices, and other IoT on a company’s network, and automatically detects whether those assets fit within the stipulated security policies or not. In February 2019, Axonius raised US$13 million in its Series A funding round led by Bessemer Venture Partners. And along with the participation from existing investors YL Ventures, Vertex, WTI, and Emerge. In August 2019, the company raised US$20 million in its Series B funding round led by OpenView.
