2019 has been a big year for Axonius. This morning we announced that we’ve completed our second funding round of 2019 to support our rapid market success.
Just two years ago, Ofri, Avidor, and I decided to take a chance at solving a big, decades-old problem that was only getting worse: asset management. A security team’s job is so hard today, yet they still spend time trying to figure out what they have and whether their assets match their security policies. It’s our mission to answer that question for as many organizations on earth as possible.
Since then we’ve released our cybersecurity asset management platform, more than doubled the size of the company, were named the Most Innovative Cybersecurity Company of 2019 at the RSA Innovation Sandbox, and raised two rounds of funding. But more importantly, we’ve built (and continue to build) one of the best teams in cybersecurity and are honored to name some of the most impressive brands on the planet as our customers.
Today we announced that Axonius has raised $20 million in Series B funding, led by new investor OpenView. Existing investors Bessemer Venture Partners, YL Ventures, Vertex, WTI, and Emerge also participated in the round, bringing the company’s total funding to $37 million to date. Mackey Craven, partner at OpenView, has joined the Axonius Board of Directors.
I hope today’s announcement reinforces our commitment to our current and future customers and employees. Customers tell us that they love how responsive and receptive we are to improving Axonius to help them solve their challenges, and I see that as a huge competitive advantage that we want to maintain as we grow, and we won’t lose sight of that.