Today I am proud to announce that Axonius 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 Lightspeed, OpenView, Bessemer Venture Partners, and Vertex. Ken Fox, Stripes founder, will join the Axonius board. This latest round follows a 2020 investment of $58 million, increasing total funding to $195 million at unicorn valuation.
We will use the new funding to scale company growth globally and expand our cybersecurity asset management platform to meet surging market demand.
And of course, I’m incredibly proud of our team, and it’s a huge milestone for any company to go from nothing to being worth over a billion dollars.
But you don’t get to be the fastest growing cybersecurity company in history because of how much money you raise. Instead, Axonius is successful because of exactly three things:
- Our customers - both those organizations that we work with today and those that we’ll earn the right to call customers in the future. It’s a big deal to trust a young and growing company like Axonius, and we hope to earn that trust every day with everything we do.
- Our product - We built Axonius to solve a huge, nagging problem that’s been around for decades, and we built it to solve that problem in the simplest way possible.
- Our culture and our employees - I can’t tell you how many times I hear customers tell me that they’ve never experienced customer service like Axonius. You can see it in our customer testimonials and in reviews on sites like Gartner Peer Insights, and it’s a huge part of why we’ve been successful. And I can personally promise you that even as we grow, we won’t lose focus on making our customer experience world-class.
To those of you that are reading this that are current Axonius customers, I want to thank you.
For those that aren’t yet customers, I encourage you to check us out and hope to earn your business soon.
And to the Axonius team, thank you for all you do to help solve one of the biggest challenges in IT and Security, and for making our product one of the most beloved security products in the market today.