Cybersecurity start-up Axonius closes $20m Series B
Cybersecurity asset management company Axonius has closed a Series B funding round worth $20 million, writes Jane Connolly.
The round was led by venture capital firm OpenView who joined existing investors in Axonius’ second fundraise of the year. The start-up raised $13 million in its Series A round in February.
TechCrunch reports that OpenView partner Mackey Craven will join Axonius’ board of directors. 
The firm’s co-founder and chief executive Dean Sysman tells TechCrunch the money will be used to fund the expansion of the sales and marketing teams, along with product development.
Built on the premise that companies can only protect their enterprise security if they know what is on their network, Axonius helps clients to keep track of all their enterprise assets. Users can track the clouds, computers and devices on their network, including those plugged in by employees or guests and enforce security policies accordingly.
“You can’t secure what you don’t know about,” Sysman says. “Almost everything you’re doing in security relies on a foundation of knowing your assets and how they stack up against your security policies. Once you get that foundation taken care of, everything else you do will benefit.”
Axonius’ existing clients include The New York Times, Schneider Electric and some Fortune 500 companies.
