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Cybersecurity Funding

IT Asset Management Firm Axonius Raises $13 Million

Cybersecurity asset management company Axonius this week announced that it has raised $13 million in a Series A funding round led by Bessemer Venture Partners. 

Cybersecurity asset management company Axonius this week announced that it has raised $13 million in a Series A funding round led by Bessemer Venture Partners. 

Axonius’ platform provides a single point of view into the assets within an organization, including desktops, laptops, servers, cloud instances, mobile devices, Internet of Things (IoT) devices, and more, and also detects if the assets fit within security policies. 

Axonius LogoThrough ongoing, automated security policy validation, Axonius aims to eliminate onerous cybersecurity asset management tasks, and provide visibility into assets by aggregating data from over 100 management and security solutions, including SIEMS, agents, and network switches. 

“Asset management is the most fundamental requirement security teams need to enhance security operations amidst expanding threats they face daily. A security team’s job is already difficult enough, yet they’re still spending time trying to figure out what assets and devices actually exist on their networks and if they adhere to their company’s security policies,” Dean Sysman, co-founder and CEO, Axonius.

Axonius also added Amit Karp, partner at Bessemer Venture Partners, to its board of directors.

Existing investors YL Ventures, Vertex, WTI and Emerge also participated in the funding round. 

Related: Cloud Security Firm Sonrai Emerges From Stealth With $18.5 Million in Funding

Related: Rate of Cybersecurity Venture Funding Not Sustainable, Investors Say

Related: Avanan Raises $25 Million in Series B Funding

Written By

Ionut Arghire is an international correspondent for SecurityWeek.

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