Axonius, a NYC-based cybersecurity asset management company, raised $100m in Series D funding.
The round was led by Stripes, with participation from existing investors Bessemer Venture Partners (BVP), OpenView, Lightspeed, and Vertex. Ken Fox, founder and partner at Stripes, will join the Axonius board of directors. This latest round follows a 2020 investment of $58m, increasing total funding to $195m at a greater than $1 billion valuation.
The company will use the new funding to scale growth globally and expand its cybersecurity asset management platform.
Led by Dean Sysman, CEO and co-founder, Axonius is a cybersecurity asset management platform that gives organizations a comprehensive asset inventory, uncovers security solution coverage gaps, and automatically validates and enforces security policies. By integrating with over 300 security and management solutions, the solution is deployed in minutes, improving cyber hygiene immediately. It covers millions of devices at customers like The New York Times, Schneider Electric, AB InBev, Landmark Health, AppsFlyer, and many more.