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Axonius Raises $100 million in Series D Funding Valuing Company Over $1 Billion

March 01, 2021 / Bhushan Salkar

Axonius, a cybersecurity startup building up a start to finish device management stage, today declared that it has brought $100 million up in arrangement D financing drove by Stripes, esteeming the organization at more than $1 billion post-cash. Axonius says it will utilize the returns to scale growth worldwide and extend its foundation to satisfy market need.

By 2020, Gartner predicts there will be in excess of 20 billion connected devices universally — a number that has a few chiefs stressed. In a new overview led by Spiceworks, 90% of IT experts communicated worry that the influx would make security and privacy issues in the work environment. Furthermore, in a different report dispatched by eSecurity Planet, 31% of internet of things (IoT) designers said they considered the software or firmware for connected devices the best "pain point" for cybersecurity.

Axonius' agentless arrangement smoothes out asset management and spotlights inclusion holes via consequently approving and upholding security approaches. It interfaces with existing programming and systems administration stuff to assemble a stock of assets that traverses cloud and on-premises environments, regardless of whether the devices are overseen or unmanaged.

Axonius underpins one-off and continuous inquiries that help delineate how assets identify with security arrangements, and it packs in trigger usefulness that empowers the programming of rules that commencement implementation reactions like software installs and device scans. Its cybersecurity abilities are additionally reinforced by help for third-party apps and services. Axonius coordinates with more than 200 stages, including Active Directory and cloud occasions like Amazon, just as endpoint protection tools, NAC solutions, mobile device management, VA scanners, and more.

About Axonius:
Axonius was founded in June 2017 to answer a simple question. Despite all of the high-tech, sci-fi tools we have in cybersecurity, why is it so difficult to answer simple questions about the devices, users, and cloud instances we’re tasked with securing? Asset management is so foundational, yet it’s a nagging problem that is only getting worse. Co-Founders Dean Sysman, Ofri Shur, and Avidor Bartov, veterans of an elite intelligence unit of the Israeli Defense Force built Axonius to solve the asset management challenge for cybersecurity. Axonius is headquartered in New York, NY and our R&D team is based in Tel Aviv, Israel.