Axonius, a Tel Aviv-based cybersecurity asset management platform, announced that it raised $200 million in a Series E funding.
The round was led by venture capital firm, Accel, with participation from new investors including Silver Lake Waterman, Alta Park Capital, and Owl Rock. Existing investors such as Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon, Stripes, ICONIQ, and DTCP also participated in the round.
The funding will be used to further support scaling efforts in delivering CAASM (Cyber Asset Attack Surface Management) and SaaS management solutions to meet global customer demand.
Company: Axonius, Inc.
Round: Series E
Funding Month: March 2022
Lead Investors: Accel
Additional Investors: Silver Lake Waterman, Alta Park Capital, Owl Rock, Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon, Stripes, ICONIQ, and DTCP
Company Website: https://www.axonius.com/
Software Category: Cybersecurity Asset Management Platform (CAASM) and SaaS management
About the Company: Founded in 2017, Axonius is the cybersecurity asset management platform that gives organizations a comprehensive asset inventory, uncovers security solution coverage gaps, and automatically validates and enforces security policies. Axonius provides its customers with solutions for both CAASM and SaaS management covering millions of assets, including devices and cloud assets, user accounts, and SaaS applications. Its platform can be deployed in a matter of minutes and integrates with hundreds of data sources to provide a comprehensive asset inventory, identify gaps, and automatically validate and enforce policies. In 2021, Axonius doubled its customer base to include both Fortune 500 and Global 500 companies as well as AB InBev, Schneider Electric, The New York Times, Wacom, MindBody, and Landmark Health. Recently, the company’s innovation unit, AxoniusX, launched SaaS Management, a first-of-its-kind platform that combines the capabilities of SaaS Security Posture Management with SaaS Management.