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, Iconiq 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 Asset Cloud: Unified asset intelligence platform correlating 1,400+ adapters across devices, identities, SaaS, software, cloud, IoT/OT, and AI assets., Axonius Cyber Assets / CSAM: Continuously reconciled inventory and coverage verification., Axonius Exposures: Exposure management with AI-recommended remediation and ownership assignment., Axonius SaaS Management / Software Assets: Discover and secure SaaS and installed software., Axonius Cyber-Physical Assets: IoT/OT/medical device visibility (post-Cynerio; early access 2026)., Axonius Federal Systems: FedRAMP Moderate–authorized offering for U.S. government., Axonius AI Agent & MCP Server: Natural-language asset intelligence for security/IT and enterprise AI workflows (launched Jul 2026).
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, ADT, TransUnion, Western Union
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 (and denied) advanced acquisition talks with Cisco for ~$2B in early 2026; company affirmed independent strategy., Dean Sysman transitioned to Executive Chairman; Joe Diamond named Interim CEO in Feb 2026., Joe Diamond appointed permanent CEO; company surpassed $200M ARR (May 19, 2026)., Appointed Moshe Ben Simon as CPO (June 16, 2026)., Launched Axonius AI Agent and MCP Server (July 21, 2026).
Growth metrics
Surpassed $200M ARR in Q1 FY2027 (announced May 19, 2026), achieving 100% growth in two years; ~700–800 employees after 2025–2026 restructuring; valuation $2.6B (Series E 2022/extension 2024); approaching ~1,000 customers including 100+ Fortune 1000 and 90+ U.S. federal agencies.
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 Chief Executive Officer of Axonius (appointed permanent CEO May 19, 2026 after serving as interim CEO since February 2026 and President since August 2025). He joined Axonius in 2024 as CMO. Previously VP of Global Demand Marketing at Okta (helping scale from ~$100M to $2.2B+ revenue), with senior leadership roles at Proofpoint, RiskIQ, and Symantec.
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Official website: https://www.axonius.com