Axis Security News
14 articles
growth-positive
Gili Raanan’s VC fund took its assets under management to $720 million on the back of acquisitions of portfolio companies Axis Security, Bionic, and Noname Security.
Cyberstarts, a venture capital fund founded by Gili Raanan, has increased its assets under management to $720 million following acquisitions of portfolio companies Axis Security, Bionic, and Noname Security. The company has raised $60 million for its fourth Seed fund, with prominent industry leaders such as Shlomo Kramer, Marius Nacht, and Nir Zuk among its investors. Cyberstarts seed investments include companies like Wiz, Fireblocks, and Transmit. The funds growth has been accompanied by some controversy due to its executive advisory program, which was discontinued earlier this year. The new Seed fund follows a $480 million opportunity fund raised last September and a $200 million fund in March 2022.
InvestmentPartnersAcquisition
growth-positive
HPE buys Israeli co Axis Security for $500m
Hewlett Packard Enterprise (HPE) has acquired Israeli cloud security company Axis Security. The financial details of the deal were not disclosed, but sources estimate it to be around $500 million. Axis Securitys SSE platform will allow HPE to expand its edge-to-cloud security capabilities and offer a unified Secure Access Services Edge (SASE) solution. The acquisition is expected to close by the end of HPEs 2023 fiscal year.
Acquisition
growth-positive
Axis Security releases security service edge offering Atmos
Axis Security has launched Atmos, a cloud-native platform that integrates zero-trust network access (ZTNA), secure web gateway (SWG), and cloud access security broker (CASB) capabilities to deliver a full security service edge (SSE) platform. The platform is designed to provide secure connectivity over hybrid cloud infrastructures. Atmos will be made generally available in May 2022 to new and existing customers in three software editions — Core, Enterprise, and Harmony. The platform will extend secure connectivity out to the user’s location through its 350 Atmos edge facilities running on the backbone of global cloud services such as AWS Global Accelerator, Google Cloud Platform, and Oracle.
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growth-positive
Axis Security Unveils Atmos, The World's Most Elegant Security Service Edge Platform
Axis Security has launched Atmos, a modern alternative to legacy hub and spoke network architectures and Security Service Edge (SSE) platforms. Atmos aims to reduce exposure to ransomware threats and decrease the need for complex firewall-based network segmentation. The cloud-native platform extends secure connectivity to the users location through its 350 Atmos edge locations running on the global backbone of AWS Global Accelerator, Google Cloud Platform, and Oracle. The platform is designed to harmonize workplace connectivity, enabling authentication, authorization, and connectivity across the workforce, ecosystem partners, and hybrid cloud infrastructure.
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growth-positive
Israeli co Axis Security raises $50m
Axis Security, an Israeli zero trust network access (ZTNA) company, has completed a $50 million Series C financing round led by Spark Capital. The total amount raised by Axis Security to date is now $100 million. The companys platform, called the Axis Security Application Access Cloud, replaces multiple remote access technologies with a simple zero trust platform. The latest investment will accelerate product development, expand go-to-market initiatives, and support partnerships with leading security vendors. Axis Security aims to address growing cyber threats and provide secure remote access for organizations.
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growth-positive
Axis Security Named 2021 TAG Cyber Distinguished Vendor
Axis Security has been selected as a Distinguished Vendor in the Q1 2021 Security Quarterly by TAG Cyber. The companys Application Access Cloud platform provides continuous, adaptive security controls for access to corporate applications and resources. It offers zero-trust security through a secure access service edge (SASE) solution and replaces multiple secure access technologies. Axis Security has made a positive impact on customers and exceeded its platform development goals. The company is backed by Canaan Partners, Ten Eleven Ventures, and Cyberstarts.
CustomersPartners
growth-positive
Axis Security Sets the Standard for Zero Trust Network Access Market
Axis Security, a leading provider of Zero Trust Network Access, is enabling enterprise organizations to expand beyond traditional access technologies to a more flexible future built on a secure, zero trust cloud platform. The company offers an agentless-first approach to secure remote access, providing a quick path to secure remote access in line with zero trust architecture and principles. Axis recently expanded its support to include TCP and UDP-based applications and thick clients, as well as Git, databases, and Kubernetes. The company has received strategic investments and secured partnerships with leading security vendors. Axis Security has been recognized by industry analysts and media outlets for its innovative approach to zero-trust access. The company plans to accelerate growth and double its workforce in 2021.
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Axis Security Names New Channel Leader
Axis Security has appointed Kimber Garrett as head of channel sales to further develop its North American partner strategy. Garrett will focus on VARs, system integrators, MSSPs, and OEM partners. The appointment comes after Axis Security raised $32 million in Series B funding to meet the growing demand for its Work from Anywhere (WFA) solutions. The company aims to help channel partners securely connect users to company data and apps using its Zero Trust access solution. Axis Security also launched the Axis Security Partner Program (ASPP) to expand its security offerings and provide a cloud-native security and analytics platform. Garrett brings over 15 years of channel experience to the role.
PartnersInvestment
growth-positive
Axis Security closes $32 million series B to meet WFH-generated demand
Cybersecurity startup Axis Security Inc. has completed a $32 million series B funding round led by Canaan Partners. The funding will help meet the increasing demand for the companys products in the wake of the transition to remote work. Axis Security offers a cloud-based solution called Application Access Cloud, which simplifies application access using a Zero Trust platform. The company was founded in 2018 and is headquartered in San Mateo, California, with research and development in Tel Aviv. Previous backers of Axis Security include Dan Amiga and Michael Fey. The company previously raised $14 million earlier this year and $3 million in its 2018 seed round.
Investment
growth-positive
Axis Security Named TiE50 Award Winner at TiEcon
Axis Security has been selected as a 2020 TiE50 Winner in the prestigious TiE50 Awards Program for its Application Access Cloud™, a unique zero trust secure access service for enterprises. The service allows anyone, anywhere, on any device to connect to applications and resources without requiring network changes or client agents. Axis Security is recognized for solving the urgent problem of enabling and securing enterprise operations in a work-remote world. The TiE50 Awards will be presented virtually to the winners during a ceremony on September 3rd.
Partners
growth-positive
Axis Security Named Winner as Top 100 Cybersecurity Startup for 2020
Axis Security has been named a Top 100 Cybersecurity Startup for 2020. The company competed against other cybersecurity startups for this prestigious award. The recognition validates Axis Securitys rapid growth and the increasing demand for their secure application access solution. Axis Securitys Application Access Cloud™ is a cloud-based solution that offers a new agentless model for connecting users to private apps securely. The company is backed by Ten Eleven Ventures and Cyberstarts.
Partners
growth-positive
Axis Security Included in Gartner's Market Guide for Zero Trust Network Access
Axis Security has been identified as a Representative Vendor in Gartners Market Guide for Zero Trust Network Access (ZTNA). The report highlights that ZTNA solutions are augmenting VPNs and providing a secure way to connect third parties and remote employees. Axis Securitys Application Access Cloud™ solves the issues associated with VPNs and enables organizations to eliminate hardware and bandwidth limitations. The companys recognition validates their contribution to reducing exposure to threats and delivering an agentless and agile deployment model. Axis Security is backed by Ten Eleven Ventures and Cyberstarts.
PartnersCustomers
growth-positive
Cybersecurity Axis Security Emerges from Stealth With a $14 Million Funding Round
Axis Security, a cloud-based cybersecurity startup, has announced a $14 million series A funding round led by Ten Eleven Ventures. The company, founded in 2018, develops technology to secure enterprise applications. Axis Security had previously raised a $3 million seed round. The funding was intended to double the companys team, but due to the COVID-19 pandemic, hiring targets may not be met. All employees are currently working from home.
InvestmentExpand
growth-positive
Network security startup Axis Security emerges from stealth with $17M in funding - SiliconANGLE
Network security startup Axis Security has emerged from stealth mode with $17 million in funding. The company offers the Axis Application Access Cloud, an agentless model that provides a secure way to connect users to private apps without touching the network or applications. Axis Security claims several unnamed Fortune 500 companies as its customers. The service can deploy with no agent or network changes required and includes features such as Adaptive Access Technology and Application Isolation Technology. Axis Securitys co-founders were previously with the Israeli Defense Forces Unit 8200. The Axis Security Application Access Cloud is now available on a software-as-a-service basis.
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