Now on Demand Ransomware Resilience & Recovery Summit - All Sessions Available
Connect with us

Hi, what are you looking for?


Cloud Security

Axonius Banks $200 Million in Late-Stage Funding 

Axonius has raised approximately $600 million since 2017 and is considered one of cybersecurity’s so-called unicorns with a valuation of $2.6 billion.

Axonius, a well entrenched player in the attack surface management space, has banked another $200 million in late-stage funding from a roster of major investors.

The company, which has roots in Israel, described the financing as a Series E extension led by existing investors Accel and Lightspeed Venture Partners. Growth equity firm Stripes also took an equity position.

Axonius said the new funding round comes as it hit the $100 million ARR (annual recurring revenue) benchmark and will be used to accelerate innovation and scale across the globe.

Axonius has raised approximately $600 million since 2017 and is considered one of cybersecurity’s so-called unicorns with a valuation of $2.6 billion.

The company has built and marketed a cybersecurity asset management product capable of providing full inventory of all digital assets and the connections to people and projects in the workplace., their relationships, and business-level context.  

Axonius said its product touches multiple pain points – Cyber Asset Attack Surface Management (CAASM), SaaS Security Posture Management (SSPM), and SaaS Management Platforms (SMP) – with more than 1,000 platform integrations to help identify security gaps, risk, misconfigurations and cost inefficiencies.

“[We’ve gone] from zero revenue to exceeding $100 million in ARR in just 4.5 years, making us one of the fastest growing cybersecurity companies,” said Dean Sysman, CEO and Co-founder at Axonius.

Sysman said corporate defenders at more than 500 hundred organizations use Axonius tools to manage the sprawl of devices, users, software, SaaS applications and cloud services.

Advertisement. Scroll to continue reading.

“We provide a system of record for all their digital infrastructure so they can quickly mitigate threats, navigate risk, automate action, and inform business-level strategy,” Sysman added.

Related: Axonius Valued at $2.6 Billion After New $200 Million Funding Round

Related: IT Asset Management Firm Axonius Raises $100 Million

Related: Attack Surface Management Firm Axonius Raises $13 Million

Related: Axonius Uses Existing Tools to Find, Secure Devices

Written By

Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.


Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join the session as we discuss the challenges and best practices for cybersecurity leaders managing cloud identities.


SecurityWeek’s Ransomware Resilience and Recovery Summit helps businesses to plan, prepare, and recover from a ransomware incident.


People on the Move

MSSP Dataprise has appointed Nima Khamooshi as Vice President of Cybersecurity.

Backup and recovery firm Keepit has hired Kim Larsen as CISO.

Professional services company Slalom has appointed Christopher Burger as its first CISO.

More People On The Move

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybersecurity Funding

SecurityWeek investigates how political/economic conditions will affect venture capital funding for cybersecurity firms during 2023.

CISO Conversations

SecurityWeek talks to Billy Spears, CISO at Teradata (a multi-cloud analytics provider), and Lea Kissner, CISO at cloud security firm Lacework.

Cloud Security

Cloud security researcher warns that stolen Microsoft signing key was more powerful and not limited to and Exchange Online.

Cyber Insurance

Cyberinsurance and protection firm Boxx Insurance raises $14.4 million in a Series B funding round led by Zurich Insurance.

CISO Strategy

Okta is blaming the recent hack of its support system on an employee who logged into a personal Google account on a company-managed laptop.

Cybersecurity Funding

2022 Cybersecurity Year in Review: Top news headlines and trends that impacted the security ecosystem

Cybersecurity Funding

Network security provider Corsa Security last week announced that it has raised $10 million from Roadmap Capital. To date, the company has raised $50...