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Cybersecurity startup Axonius raises $200 million from returning investors

Economic Times

Economic Times · 1y ago

Cybersecurity startup Axonius raises $200 million from returning investors

Axonius, a cybersecurity infrastructure management startup, has raised $200 million in funding at a $2.6 billion valuation. The New York-based company offers software to help IT and security teams manage their IT environments, devices, users, software, and cloud services, in order to mitigate threats and security risks. The funding round was co-led by Accel and Lightspeed Venture Partners, with participation from Stripes. Axonius plans to use the funds to fuel its growth through acquisitions and expand its cybersecurity platform. The company has achieved over $100 million in annual recurring revenue and counts major enterprises and US government agencies among its customers.

Related News

Cybersecurity asset management startup Axonius raises $200M led by Accel, Lightspeed

IndianStartupNews

IndianStartupNews · 1y ago

Cybersecurity asset management startup Axonius raises $200M led by Accel, Lightspeed

Cybersecurity asset management and SaaS management startup, Axonius, has raised $200 million in a Series E extension funding round led by Accel and Lightspeed Venture Partners. The funding will be used to support the company's global expansion and innovation in response to the increasing demand for its platform. Axonius provides a unified platform for managing digital infrastructure components, boasting over 1,000 platform integrations and offering a comprehensive view of assets, relationships, and business context. The company recently launched its Axonius 6.0 platform, which combines Cyber Asset Attack Surface Management, SaaS Security Posture Management, and SaaS Management Platforms.

Series F | The SaaS News

The Saas News

The Saas News · -7075s ago

Series F | The SaaS News

Harvey, a legal AI startup from San Francisco, raised $160 million in Series F funding, achieving an $8 billion valuation. The investment round was led by Andreessen Horowitz and included new investors like WndrCo and accounts advised by T. Rowe Price Associates, Inc. Returning investors included Sequoia, Kleiner Perkins, and Conviction.

Cybersecurity startup SecurWeave raises Rs 2.8Cr in a seed round led by IAN

IndianStartupNews

IndianStartupNews · 2y ago

Cybersecurity startup SecurWeave raises Rs 2.8Cr in a seed round led by IAN

SecurWeave, a cybersecurity startup, has successfully raised Rs 2.8 crore in seed funding. The funding round was led by Indian Angel Network (IAN) with participation from investors such as Romesh Sobti and Uday Chatterjee. SecurWeave is focused on developing advanced solutions to combat malware attacks and has already showcased its capabilities in both private and defense sectors. The startup aims to expand globally and is committed to pushing the boundaries of cybersecurity innovation. The cybersecurity market in India is projected to reach $9.21 billion by 2028.

Exclusive: Telecom Startup WIOM Raises $35 Mn In Round Led By Accel, Prosus

Inc42 · 5m ago

Exclusive: Telecom Startup WIOM Raises $35 Mn In Round Led By Accel, Prosus

WIOM, a telecommunications startup, raised $35 million in a funding round led by Accel and Prosus, with participation from existing investors. Founded in 2015 by Ashutosh Mishra, Satyam Darmora, Nishit Aggarwal, and Maanas Dwivedi, WIOM was initially known as i2e1, providing affordable internet services to offline retailers. After the 2020 launch of the PM-WANI scheme, it rebranded to WIOM. This round values WIOM at $200 million.

Axonius, a specialist in cyber asset managment, secures $200M at a flat $2.6B valuation

TechCrunch · 1y ago

Axonius, a specialist in cyber asset managment, secures $200M at a flat $2.6B valuation

Axonius, a company specializing in enterprise asset management, has raised an additional $200 million in funding to fuel its expansion. The funds come as an extension to its Series E round, with co-leaders Lightspeed and Accel. Axonius, which helps organizations understand and monitor their digital assets and infrastructure, is on track to surpass $100 million in annual recurring revenue (ARR). The investment will be used to enhance the platform and expand into new markets. The company counts Schneider Electric, News Corp, and Anheuser-Busch InBev among its customers.

Aim Security Raises $10M in Seed Funding

Finsmes · 1y ago

Aim Security, a Tel Aviv-based cybersecurity startup, has secured $10 million in seed funding. Led by YL Ventures and supported by investors from Google, Proofpoint, and Palo Alto Networks, the funding will be used to expand the company's operations and development efforts. Aim Security offers a GenAI security platform that helps enterprises securely adopt artificial intelligence technology without compromising on security. The platform allows security leaders to provide proactive protection for all use cases and ensure the integrity of GenAI tools and third-party applications.

Cybersecurity startup Mitigata raises $5.9 million from Nexus Venture Partners, others - The Economic Times

Economic Times

Economic Times · 4m ago

Cybersecurity startup Mitigata raises $5.9 million from Nexus Venture Partners, others - The Economic Times

Bengaluru-based Mitigata, a cyber resilience startup, raised $5.9 million from Nexus Venture Partners and other investors. As India’s only full-stack cyber resilience platform, Mitigata integrates cybersecurity, compliance, and insurance. The funds will enhance its AI-backed security tools and expand its services and market presence. Serving over 500 enterprises across 25 sectors, Mitigata plans to establish global security centers and enhance its team, emphasizing cyber risk quantification, 24x7 monitoring, and incident response.

Asia Partners raises $474 mn for second PE fund

VCCircle

VCCircle · 1y ago

Asia Partners raises $474 mn for second PE fund

Singapore-based private equity firm, Asia Partners, has raised $474 million for its second fund, with new investor, International Finance Corp (IFC) from the World Bank joining the round. The fund focuses on investments in the Southeast Asian tech sector. Returning investors include the International Development Finance Corp, Financial Investments Corp, Deutsche Investitions- und Entwicklungsgesellschaft, and Generation Capital. This second fund brings Asia Partners' total assets under management to $1 billion.

Asia Partners raises $474 mn for second PE fund

VCCircle

VCCircle · 1y ago

Asia Partners raises $474 mn for second PE fund

Singapore-based private equity firm, Asia Partners, has raised $474 million for its second fund. The firm focuses on investing in Southeast Asian tech companies. New investor, the International Finance Corp, joined the fund, along with returning investors such as the International Development Finance Corp and Financial Investments Corp from the US, Deutsche Investitions- und Entwicklungsgesellschaft from Germany, and Generation Capital from Canada. Asia Partners' assets under management now total $1 billion. The firm's portfolio includes ShopBack and Carsome, according to its website.

Spacetech startup Inbound Aerospace raises $1 million in funding from Speciale Invest - The Economic Times

Economic Times

Economic Times · 4m ago

Spacetech startup Inbound Aerospace raises $1 million in funding from Speciale Invest - The Economic Times

Inbound Aerospace, an IIT Madras-incubated startup, raised $1 million from Speciale Invest to develop autonomous, reusable re-entry vehicles for delivering and returning space experiments. Targeting a 2028 launch, the startup aims to address challenges posed by the International Space Station's (ISS) impending retirement, facilitating in-orbit testing and microgravity research. Inbound's spacecraft will enable space-based research and manufacturing, targeting payload implementation partners as primary clients.

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