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Cybersecurity co Axonius raises $200m at $2.6b valuation

by Index Investing News
March 8, 2022
in Financial
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Israeli cybersecurity and SaaS administration firm Axonius immediately introduced the completion of a $200 million in Sequence E financing spherical, led by Accel, with participation from new buyers Silver Lake Waterman, Alta Park Capital, and Owl Rock, and present buyers Bessemer Enterprise Companions, Lightspeed Enterprise Companions, Alkeon, Stripes, ICONIQ, and DTCP. The corporate mentioned that the spherical was accomplished at a valuation of $2.6 billion, greater than double the valuation when it raised $100 million final March. Axonius has now raised a complete of $395 million.




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Axonius, which was based in 2017 by CEO Dean Sysman, CTO Ofri Shur and chief architect Avidor Bartov, who met throughout their service within the IDF 8200 Intelligence Unit, was chosen as one among “Globes” most promising startups in 2020.

Axonius has developed a easy, efficient strategy to fixing the issue of asset visibility and safety in complicated IT environments. The corporate not too long ago launched SaaS Administration, which mixes the capabilities of SaaS Safety Posture Administration with SaaS Administration to assist safety, IT, finance, and danger groups management the complexity, value, and danger related to fashionable apps and infrastructure.

The corporate reported a 132% year-over-year enhance in annual recurring income in 2021 – its third consecutive 12 months of triple-digit income progress. Axonius additionally expanded its work power by 174% final 12 months, and now has illustration in each area worldwide.

In 2021, Axonius almost doubled its buyer base. The corporate’s clients embrace Fortune 500, International 500, a number of the largest federal businesses, together with many international leaders, resembling AB InBev, Schneider Electrical, The New York Instances, Wacom, MindBody, and Landmark Well being.

Sysman mentioned, “From the start, our purpose has been to assist our clients management complexity throughout their organizations. Our huge success since 2017 is a direct results of our intense deal with assembly their wants, and it’s why we maintain the very best NPS rating within the cybersecurity trade.”

Printed by Globes, Israel enterprise information – en.globes.co.il – on March 8, 2022.

© Copyright of Globes Writer Itonut (1983) Ltd., 2022.




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Tags: 200m26bAxoniusCybersecurityraisesValuation
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