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New Deal


Announced

Completed

Stripes led a $100m Series D round in Axonius.

Financials

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Transaction Value£71m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Single Bidder

Software

United States

Private Equity

Minority

Completed

cybersecurity software

Friendly

Acquisition

Private

Domestic

Synopsis

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Stripes, a New York-based growth equity firm, led a $100m Series D round in Axonius, the cybersecurity asset management company, with participation from Bessemer Venture Partners, OpenView, Lightspeed, and Vertex. "At BVP, we always look to quantify and measure how quickly the world's most innovative companies go from founding to $100m in annual recurring revenue and eventual IPO. Axonius is among the fastest growing companies in BVP history, as it took the company less than 15 months to grow from $1m ARR to $10m ARR," Amit Karp, BVP Partner.

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