Axis Security, a San Mateo, California – based private application access company, raised $17m in funding.
The initial investment came from Cyberstarts, a VC firm backed by founders and entrepreneurs from Sequoia Capital, Palo Alto Networks, Check Point, Imperva, among others. Ten Eleven Ventures’ Alex Doll led the Series A round in which Cyberstarts was the first investor. Additional investors include Dan Amiga, founder of Fireglass, and board of director member Michael Fey, former president of Symantec and Blue Coat.
Founded by Dor Knafo and Gil Azrielant, Axis Security emerged from stealth launching a purpose-built, cloud-native security and analytics platform that offers organizations secure control of private application access. The Axis Application Access Cloud™ offers a new agentless model that delivers a way to connect users on any device quickly to private apps without touching the network or the applications. The Axis Application Access Cloud solves the issue of implicitly open network access and removes the pain points of network-based security associated with Virtual Private Networks (VPN’s).
The company has research and development in Tel Aviv, Israel.