Cybersecurity Asset Management Leader Axonius Announces $100 Million Funding Round at Unicorn Valuation

General News

Summary

NEW YORK--(BUSINESS WIRE)--Axonius, the cybersecurity asset management company, today announced it has raised $100 million in Series D funding, led by Stripes, a leading New York-based growth equity firm, as well as participation from existing investors Bessemer Venture Partners (BVP), OpenView, Lightspeed, and Vertex. We look forward to partnering with the Axonius team as they continue to invest in technical innovation and grow to meet global demand in 2021 and beyond.” Axonius will use the new funding to scale company growth globally and expand its cybersecurity asset management platform to meet surging market demand while maintaining its commitment to product simplicity and customer value. “We have found Axonius invaluable in helping us tie together and tap into our existing sources of asset inventory data within our environment and helping us to paint a more clear and complete picture of our environment,” said Nick McNulty, director of vulnerability management, ETS Shared Security Services at John Hancock, a division of Manulife Financial Corporation. Stripes is a leading growth equity firm that brings a unique, entrepreneurial approach to investing in high-growth SaaS and Consumer businesses around the world. Stripes mission is to have a culture, set of resources and expertise that provide entrepreneurs with an unparalleled advantage in markets that are evolving rapidly due to changes in technology and consumer behavior.

Classifications

industries
Information Technology
applications
Governance, risk and compliance

AskAI Classifications

Labels
Cybersecurity Software Asset Management Software SaaS

Linked Companies

Axonius
$100M to $250M