Axonius, which provides asset visibility to complex IT environments, raises $200 million


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Axonius, a cybersecurity firm that provides insight into companies’ IT environments to better secure their infrastructure, has raised $200 million in a Series E funding round.

Even with the best of intentions, companies can’t protect their digital assets if they don’t know they’re there – which is where asset inventory management comes into play. Founded in 2017, Axonius integrates with numerous data sources to give companies a complete inventory of all their assets so they can mitigate any threats from security gaps they discover.

An ‘asset’ can be anything from a physical device to a cloud instance or user account – anything that is part of a potential attack surface. As of January, Axonius will also offer SaaS management smarts, giving organizations a “single source of truth” for their cloud software landscape.

Axonius dashboard

In its short history to date, Axonius has gathered a large number of clients, including Schneider Electric, The New York Times, Wacom and AB InBev.

Remote control

For now, Axonius had raised about $195 million, including a $100 million tranche last year, and with another $200 million in the bank — valuing the company at a cool $2.6 billion — the company is well-funded. to take advantage of the industry’s rapid transition to remote or hybrid work.

Indeed, with IT assets potentially scattered across thousands of separate locations, it’s more difficult for IT and security teams to keep track of everything, such as what software employees are using on corporate devices and whether their software is properly configured in line with a company’s security policies.

Axonius’ Series E round was led by Accel, with participation from Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon, Stripes, ICONIQ, DTCP, Silver Lake Waterman, Alta Park Capital and Owl Rock.

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This post Axonius, which provides asset visibility to complex IT environments, raises $200 million

was original published at “https://venturebeat.com/2022/03/08/axonius-which-brings-asset-visibility-to-complex-it-environments-raises-200m/”

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