Today we announced that Axonius has closed a $200 Million Series E funding round at a $2.6 Billion valuation, more than doubling our company’s value in less than a year. The round led was by Accel, with participation from new investors Silver Lake Waterman, Alta Park Capital, and Owl Rock, a division of Blue Owl, and existing investors Bessemer Venture Partners, Lightspeed Venture Partners, Alkeon, Stripes, ICONIQ, and DTCP.
"Axonius has transformed the way companies manage and secure their assets, solving foundational problems for teams struggling to Control Complexity™," said Matt Weigand, partner at Accel. "Axonius has achieved tremendous growth in such a short time, and we believe that their deep understanding of IT and security challenges have positioned them to be the system of record for all infrastructure."
Accel’s history and reputation of investing in companies that are redefining markets aligns perfectly with our goals and commitment to innovation.
From the beginning, our goal has been to provide a solution that helps organizations control the inevitable complexity that comes with managing and securing their environments. And to do that, we’ve built a platform that aims to be the system of record for all infrastructure.
Our massive success since 2017 is a direct result of our intense focus on meeting their needs, and it’s why we hold the highest NPS score in the cybersecurity industry. I’m honored to lead our incredible team as we continue working to solve core issues for modern businesses.
We’ve been fortunate enough to count Fortune 500 and Global 500 companies, large federal agencies, and emerging innovators as our customers, and I’m incredibly proud of the fact that Axonius has the highest Net Promoter Score in cybersecurity.
I’d like to take this opportunity to thank our customers for trusting Axonius and pushing us to constantly innovate and create value.
I also want to thank our employees. At all of our company all hands meetings I end the call with this slide, because I think it’s a good analogy for our culture:
Because whenever we reach a new milestone, we want to celebrate. But after that, we all realize that the bar has been raised to a new, more difficult level. And that’s the team we’ve built: people that are always ready to take on the next challenge and who work at Axonius because they want to be the best version of themselves - even when it’s difficult and uncomfortable.
In closing, to those of you that are watching this that are current Axonius customers, I want to thank you. For those that aren’t yet customers, I encourage you to check us out and start a free trial and we hope to earn your business soon.
And to the Axonius team, thank you for all you do to help solve one of the biggest challenges in IT and Security, and for making our product one of the most beloved security products in the market today.
Finally, we’re always looking for incredibly talented people to join our team. You can find all of our current open positions here.
