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Accel and Lightspeed Venture Partners led a $200m Series E extension funding round in Axonius.

Synopsis

Accel, an early and growth-stage venture capital firm that invests in technology sectors, and Lightspeed Venture Partners, a venture capital firm, led a $200m Series E extension funding round in Axonius, a cybersecurity asset management and SaaS management firm, with participation from Stripes. "Axonius has gone from zero revenue to exceeding $100m in ARR in just 4.5 years, making us one of the fastest growing cybersecurity companies. IT and security teams at over 500 hundred organizations across the globe are using the Axonius Platform to manage an always-expanding sprawl of devices, users, software, SaaS applications, cloud services, and more. We provide a system of record for all their digital infrastructure so they can quickly mitigate threats, navigate risk, automate action, and inform business-level strategy. It’s our ability to help customers control complexity that has driven incredible adoption, but most importantly, our customers love Axonius and have given us the highest net promoter score known by any cybersecurity or IT vendor in history,” Dean Sysman, Axonius CEO and Co-founder.

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