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Axonius

Category: AI in Cybersecurity

A cybersecurity asset management and SaaS management platform that provides organizations with a comprehensive, always-up-to-date inventory of all assets to identify and remediate security gaps. Axonius was founded in 2017. The company is led by Joe Diamond. Based in New York, USA. Team size: 500-1000. Total funding raised: $595M. Latest round: Series E Extension. Key investors include ["Accel","Lightspeed Venture Partners","Bessemer Venture Partners","Stripes","Silver Lake","Alkeon Capital"].

Founded
2017
Headquarters
New York, USA
Team size
500-1000
Total funding
$595M

Value proposition

Provides a 'single source of truth' for the entire IT estate by aggregating data from existing tools, eliminating security blind spots, and automating policy enforcement without the need for additional agents.

Products and solutions

["Axonius Cybersecurity Asset Management (CSAM): Core platform for device, user, and cloud instance visibility.","Axonius SaaS Management: Solution for discovering, managing, and securing the SaaS application stack.","Axonius Federal Cloud: A FedRAMP-authorized version of the platform for government entities.","Enforcement Center: An automation engine for triggering remediation actions based on defined security policies."]

Unique value

Utilizes an agentless, API-first approach that connects to over 1,000 existing security and management tools to correlate data, rather than requiring the deployment of new software on endpoints.

Target customer

CISOs, IT operations teams, and security architects at Fortune 500 companies, large enterprises, and government agencies.

Industries served

["Financial Services","Healthcare","Public Sector & Government","Technology & Software","Retail & E-commerce","Manufacturing"]

Technology advantage

The platform offers 'time-to-value' in hours by leveraging a proprietary data correlation engine that automatically resolves duplicate entries and identifies unmanaged assets across fragmented environments.

How they differentiate

Axonius differentiates through an agentless, API-first approach that integrates with over 1,000 existing security and IT management tools. Unlike competitors that may require agents or focus solely on IoT, Axonius provides a unified view of devices, users, and SaaS applications, offering 'time-to-value' in hours by correlating existing data rather than scanning the network.

Main competitors

["JupiterOne","Panaseer","Armis","Sevco Security"]

Key partnerships

["Cloud Providers: AWS, Microsoft Azure, Google Cloud Platform","Security Vendors: CrowdStrike, SentinelOne, Splunk, Palo Alto Networks","IT Service Management: ServiceNow, Jira","Channel Partners: GuidePoint Security, Optiv, Softcat"]

Notable customers

["The New York Times","Schneider Electric","Anheuser-Busch InBev","Landmark Health","News Corp"]

Major milestones

["Founded in 2017 by IDF Unit 8200 veterans.","Reached Unicorn status ($1B+ valuation) in March 2021.","Launched Axonius SaaS Management in 2021 to expand beyond infrastructure.","Achieved $100M ARR milestone in 2023.","Acquired Cynerio, a medical device security pioneer, for $100M+ in July 2025.","Reported advanced acquisition talks with Cisco for $2B in late 2024/early 2025.","Dean Sysman transitioned to Executive Chairman; Joe Diamond named Interim CEO in Feb 2026."]

Growth metrics

Crossed $100M in Annual Recurring Revenue (ARR) in 2023; workforce of ~800 employees after restructuring in Nov 2025; valuation reached $2.6B in 2022.

Market positioning

Market leader and pioneer in the Cybersecurity Asset Attack Surface Management (CAASM) and SaaS Management (SSM) categories.

Geographic focus

Global, with primary headquarters in New York, R&D in Israel, and significant operations across North America, Europe (EMEA), and expanding presence in Asia-Pacific.

Patents and IP

Holds multiple patents including US Patent 10,735,456 for 'System and method for cybersecurity asset management' and related IP for automated security policy enforcement.

About Joe Diamond

Joe Diamond is President and Interim CEO of Axonius. He joined Axonius in 2024 as CMO and was named President in August 2025. Previously, he spent over 7 years at Okta as Global VP of Demand Market, and held senior leadership roles at Proofpoint, RiskIQ, and Symantec.

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