Asset management company Axonius announced Monday that it would filter a portion of $100 million raised in Series D funding to expand globally.
This later infusion of cash comes after Axonius doubled its staff during the pandemic and achieved triple-digit annual revenue growth in 2020. It follows a 2020 investment of $58 million, increasing total funding to $195 million and a greater than $1 billion valuation.
“I often say that time is the enemy of cybersecurity, and the rate and pace of change mean that IT and security teams can no longer afford to spend time manually compiling data about devices, users, and cloud instances for things like incident response, audits, and compliance,” said Dean Sysman, co-founder and CEO at Axonius. “We’re committed to solving a real problem to let our customers focus on what’s important.”
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