Doubles Customers, Employees and Partners to Meet Global Demand for Cybersecurity Asset Management
NEW YORK--(BUSINESS WIRE)--Axonius, thecybersecurity asset management company, today reported that soaring worldwide customer demand drove a 215% increase in year-over-year annual recurring revenue, with more than half of all new business coming from channel partners.
Revenue and Market Expansion
In 2020, Axonius doubled its customer count, amassing Fortune 500, Global 500, and emerging innovators in industries ranging from finance and retail to healthcare, pharmaceuticals, aerospace, software, and public sector agencies. Hundreds of brands trust Axonius to see and secure all assets,earning Axonius a 4.9 rating (out of 5) on Gartner Peer Insights.
“If 2020 taught us anything, it’s that change is constant, and the rate of change is accelerating," said Dean Sysman, co-founder and CEO at Axonius. “Time is now the number one enemy of IT and security. It takes countless hours to manually collect data about devices, users, and cloud instances to ensure adherence to security policies and security controls only to have it instantly outdated. All industries face challenges to keep up with their infrastructure both operationally and from a security perspective. Axonius automates the critical fundamentals, streamlining asset management, and finding and fixing coverage gaps with little to no human intervention.”
Employee Growth– Axonius more than doubled its employee count, expanding in the U.S., Israel, and the UK.
Expanded Investment– Axoniusannounced $58 million in Series C fundingled by Lightspeed Venture Partners with participation from existing investors OpenView, Bessemer Venture Partners, YL Ventures, Vertex, and WTI. To date, Axonius has raised $95 million.
Giving Back– In support of its commitment to giving back, Axonius launched itsAxonius for Good program, expanding its partnerships with organizations like the International Consortium of Minority Cybersecurity Professionals.
Axonius is the cybersecurity asset management platform that gives organizations a comprehensive asset inventory, uncovers security solution coverage gaps, and automatically validates and enforces security policies. By seamlessly integrating with over 300 security and management solutions, Axonius is deployed in minutes, improving cyber hygiene immediately. Covering millions of devices at customers like The New York Times, Schneider Electric, AB InBev, Landmark Health, AppsFlyer, and many more, Axonius was named the Most Innovative Startup of 2019 at the prestigious RSAC Innovation Sandbox, was named to the CNBC 2019 Upstart 100 list, and was one of the 20 Rising Stars on the Forbes 2019 Cloud 100 list. For more, visit www.axonius.com.