|Company Name||Fund Raised||Led By||CEO/Co-Founder||Valuation|
Axonius 100m series stripes
With the advancement of AI and online business, cyber threat has become common and cybersecurity, a necessity. Axonius, with its Cybersecurity asset management, allows users to secure and manage their devices, software, cloud assets, data, and more. The company reported raising funding of $100M increasing the company valuation to $1.2B. Stripes were leading this round and there was also participation from OpenView, Vertex, Bessemer Venture Partners, and Lightspeed.
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The company CEO Dean Sysman plans to expand the cybersecurity asset management platform globally with this funding. Axonius provides enterprises with a thorough asset inventory, reveals security solution coverage holes, and then automatically verifies and implements security policies.