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Cybersecurity startup Axonius raises $200 million in a funding round co-led by Accel and Lightspeed Venture Partners to accelerate growth through acquisitions.

Mar 18, 2024over 1 year ago

Amount Raised

$200 Million

New Yorkcomputer & network securityInformation TechnologySoftware

Investors

StripesLightspeed Venture PartnersAccel

Description

Axonius, a cybersecurity startup, has raised $200 million in a round co-led by existing investors Accel and Lightspeed Venture Partners, with participation from Stripes. This brings Axonius' total funding to nearly $600 million.

Company Information

Company

Axonius

Location

41 Madison Avenue, 37th Floor

New York, New York, United States

About

Axonius gives customers the confidence to control complexity by mitigating threats, navigating risk, automating response actions, and informing business-level strategy. With solutions for both cyber asset attack surface management (CAASM) and SaaS management, Axonius is deployed in minutes and integrates with hundreds of data sources to provide a comprehensive asset inventory, uncover gaps, and automatically validate and enforce policies. Cited as one of the fastest-growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius covers millions of assets, including devices and cloud assets, user accounts, and SaaS applications, for customers around the world.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech