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Founded Year

2017

Stage

Series E | Alive

Total Raised

$395M

Valuation

$0000 

Last Raised

$200M | 2 yrs ago

About Axonius

Axonius develops cybersecurity asset management and software-as-a-service (SaaS) management solutions. The company offers services that provide an inventory of assets, uncover gaps, and automate response actions whenever devices, users, and SaaS applications deviate from policies, controls, and expectations. It primarily sells to sectors such as energy, federal, finance, healthcare, manufacturing, retail, state and local government, and education. It was founded in 2017 and is based in New York, New York.

Headquarters Location

41 Madison Avenue 37th Floor

New York, New York, 10010,

United States

716-296-6487

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Axonius's Product Videos

ESPs containing Axonius

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Cybersecurity

The IoT security market addresses security challenges presented by the rapidly growing number of connected devices — from managed to unmanaged and network-connected to airspace-connected. Existing cybersecurity tooling is not built for IoT devices (e.g., sensors and equipment) and often treats them like traditional IT devices, which can leave them vulnerable to attack. These solutions typically of…

Axonius named as Challenger among 15 other companies, including ForeScout, Nozomi Networks, and Claroty.

Axonius's Products & Differentiators

    Axonius Cybersecurity Asset Management

    Axonius Cybersecurity Asset Management correlates asset data from existing solutions to provide an always up-to-date inventory, uncover gaps, and automate action — giving you the confidence to control complexity.

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Expert Collections containing Axonius

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Axonius is included in 5 Expert Collections, including Auto Tech.

A

Auto Tech

2,521 items

Companies working on automotive technology, which includes vehicle connectivity, autonomous driving technology, and electric vehicle technology. This includes EV manufacturers, autonomous driving developers, and companies supporting the rise of the software-defined vehicles.

U

Unicorns- Billion Dollar Startups

1,228 items

C

Cybersecurity

7,454 items

These companies protect organizations from digital threats.

A

Advanced Manufacturing

4,495 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

A

Advanced Manufacturing 50

50 items

Axonius Patents

Axonius has filed 5 patents.

The 3 most popular patent topics include:

  • computer network security
  • computer networking
  • ethernet
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/11/2023

9/5/2023

Network file systems, Network protocols, Network file transfer protocols, Ethernet, Computer networking

Grant

Application Date

1/11/2023

Grant Date

9/5/2023

Title

Related Topics

Network file systems, Network protocols, Network file transfer protocols, Ethernet, Computer networking

Status

Grant

Latest Axonius News

Most cybersecurity investments aren’t used to their full advantage

Nov 9, 2023

Help Net Security Most cybersecurity investments aren’t used to their full advantage While organizations are slashing budgets across other departments, IT and security budgets are growing to address evolving IT infrastructure and rising threats from new tactics such as AI-based attacks , according to Axonius. Budget growth in IT and security In fact, 74% of IT and security decision makers said their organization’s IT or security budget increased compared to the year prior, and 63% said their organization’s IT or security team headcount increased. However, for those that did see decreases in either budget or headcount, they reported severe impacts: 51% said their organization experienced an increase in security risks , and 49% experienced an increase in attacks or vulnerabilities. “Cybersecurity is critical, even in times of economic uncertainty – as clearly evidenced by our research,” said Dean Sysman , CEO at Axonius. “But an increase in budget or headcount won’t solve all your problems. While you might find yourself with more tools to get the job done, the reality is that most security investments aren’t used to their full advantage. As we head into 2024, where it’s likely security budgets could increase again, it’s important for organizations to focus on optimizing their resources rather than wasting them.” For survey respondents, the answer to optimization appeared in the promise of artificial intelligence. 76% of IT and security decision makers said their organizations are spending more on AI/ML compared to 12 months ago, and 85% of respondents said they were interested in applying AI in their organization’s IT and security operations in the coming year. Generative AI raises concerns For many organizations, the attractiveness of AI lies in being able to keep pace with cybersecurity workload. 39% of IT and security decision makers whose organizations have reduced their IT or security headcounts in the last 12 months say their organizations have adopted AI-based tools to streamline tasks to keep pace with workload in light of reduced headcounts. “AI might be able to free up practitioners from more menial tasks, but the reality is that AI in its current form still comes with a lot of inaccuracies and errors that need to be corrected by a human,” continued Sysman. This belief might also be why 72% of IT and security decision makers reported being concerned about the potential adverse effects of generative AI (e.g., ChatGPT ) on their organization’s cybersecurity. Generative AI might not be able to stand in for an actual human practitioner, but it can write a very compelling phishing email. For years, burnout has been a concern for cybersecurity professionals. But research found 66% of IT and security decision makers say they are not experiencing burnout at work and 40% report they are feeling less burned out today than they did a year ago. Even with increasing budgets, cost optimization remains a top priority for IT and security decision makers globally. 87% are prioritizing enhancing cloud infrastructure and 85% are prioritizing optimizing IT costs over the next 12 months. IT and security decision makers are embracing change as they evolve, adapting to new skill demands and the rise of emerging tech. Nearly three in five IT and security decision makers think that the future of IT and security work will involve a growing demand for specialized skill sets (58%) and adoption of emerging technologies for advanced security measures (58%). More about

Axonius Frequently Asked Questions (FAQ)

  • When was Axonius founded?

    Axonius was founded in 2017.

  • Where is Axonius's headquarters?

    Axonius's headquarters is located at 41 Madison Avenue, New York.

  • What is Axonius's latest funding round?

    Axonius's latest funding round is Series E.

  • How much did Axonius raise?

    Axonius raised a total of $395M.

  • Who are the investors of Axonius?

    Investors of Axonius include Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon Capital Management, DTCP, Stripes Group and 15 more.

  • Who are Axonius's competitors?

    Competitors of Axonius include Cavelo, Sevco Security, Armis, AppOmni, JupiterOne and 7 more.

  • What products does Axonius offer?

    Axonius's products include Axonius Cybersecurity Asset Management and 1 more.

  • Who are Axonius's customers?

    Customers of Axonius include New York Times, Epiq and Many.

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