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Cybersecurity Funding

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

Cybersecurity asset management company Axonius on Tuesday announced that it has been valued at $2.6 billion after raising $200 million in a Series E funding round.

Cybersecurity asset management company Axonius on Tuesday announced that it has been valued at $2.6 billion after raising $200 million in a Series E funding round.

The latest funding round, which brings the total raised by the firm to nearly $400 million, was led by venture capital firm Accel, with participation from Silver Lake Waterman, Alta Park Capital, Owl Rock, Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon, Stripes, ICONIQ, and DTCP.

Axonius Axonius became a cybersecurity unicorn after raising $100 million in Series D funding last year.

The company has developed a platform that provides cybersecurity asset management, SaaS management, cyber asset attack surface management (CAASM), cyber asset inventory, cloud asset compliance, and policy enforcement capabilities.

Axonius claims its solutions are used by hundreds of companies worldwide, including government agencies and Fortune 500 firms.

“Axonius has transformed the way companies manage and secure their assets, solving foundational problems for teams struggling to control complexity,” commented Matt Weigand, partner at Accel. “Axonius has achieved tremendous growth in such a short time, and we believe that their deep understanding of IT and security challenges have positioned them to be the system of record for all infrastructure.”

Related: What’s Behind the Surge in Cybersecurity Unicorns?

Related: Beyond Identity Becomes Unicorn With $100 Million Series C Funding Round

Related: MDR Vendor eSentire Banks $325M at ‘Unicorn’ Valuation

Related: Noname Security Raises $135 Million at ‘Unicorn’ Valuation

Written By

Eduard Kovacs (@EduardKovacs) is a contributing editor at SecurityWeek. He worked as a high school IT teacher for two years before starting a career in journalism as Softpedia’s security news reporter. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

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