Israeli cybersecurity asset administration and SaaS administration firm Axonius immediately introduced the completion of a $200 million Collection E extension financing spherical, led by Accel, and Lightspeed Enterprise Companions. Present investor Stripes additionally participated. “TechCrunch” experiences that Axonius’s valuation has stayed flat at $2.6 billion, the identical valuation as when it raised $200 million in March 2022.
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Axonius introduced that the corporate exceeded $100 million in annual recurring income (ARR) in 2023, by persevering with to develop its buyer base, which incorporates greater than a dozen of the Fortune 500 and international organizations reminiscent of Schneider Electrical, Information Corp, and Anheuser-Busch InBev. The corporate says it additionally helps 4 of the 5 main US Division of Protection service businesses.
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 in all “Globes” most promising startups in 2020.
Sysman mentioned, “Axonius has gone from zero income to exceeding $100 million in ARR in simply 4.5 years, making us one of many quickest rising cybersecurity firms. IT and safety groups at over 500 hundred organizations throughout the globe are utilizing the Axonius Platform to handle an always-expanding sprawl of units, customers, software program, SaaS functions, cloud companies, and extra. We offer a system of document for all their digital infrastructure to allow them to shortly mitigate threats, navigate danger, automate motion, and inform business-level technique. It’s our means to assist prospects management complexity that has pushed unimaginable adoption, however most significantly, our prospects love Axonius and have given us the very best web promoter rating recognized by any cybersecurity or IT vendor in historical past.”
In late 2023, Axonius launched Axonius 6.0, a unified platform that gives a complete understanding of all property, their relationships, and business-level context. Axonius now provides a mixed answer for Cyber Asset Assault Floor Administration (CAASM), SaaS Safety Posture Administration (SSPM), and SaaS Administration Platforms (SMP). The corporate additionally provides over 1,000 platform integrations. The extra integrations, the extra data Axonius can floor about safety gaps, danger, misconfigurations, value inefficiencies, and extra.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on March 6, 2024.
© Copyright of Globes Writer Itonut (1983) Ltd., 2024.
