Axonius is a cybersecurity asset management company that helps businesses to identify security risks by analyzing information technology assets both devices and services. The platform uncovers gaps in security solution coverage, then automatically validates and enforces security policies.
The funding round was led by Accel. Besides, Silver Lake Waterman, Alta Park Capital, and Owl Rock, as well as existing investors Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon, Stripes, ICONIQ, and DTCP also took part in the round. The previous round was nearly a year ago when the company valuation was $1.2 billion.
Axonius, New York, was founded by Avidor Bartov, Dean Sysman, Ofri Shur in 2017. Axonius platform integrates information from existing standalone management services and networked devices to create a single control environment. The environment enables security operations and IT teams to safely engage device adoption and usage at scale. As of now, the company integrates more than 200 IT and management solutions. “The reason we did this funding round was more than anything starting to execute as a future public company and bringing on board to the cap table the investors that see things that way and help us to transform on that milestone,” said Dean Sysman.