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Asset Management Firm Axonius Raises $100M To Go Global


Asset Management Firm Axonius Raises $100M To Go Global
The Series D funding round was led by private equity firm Stripes comes on the heels of Axonius doubling headcount during the pandemic as well as triple-digit annual recurring revenue growth in 2020
By
Michael Novinson March 01, 2021, 08:22 AM EST
Axonius closed a Series D funding round and achieved unicorn status as the cybersecurity asset management startup looks to scale growth globally and expand its platform.
The New York-based company said the $100 million round was led by private equity firm Stripes and comes on the heels of doubling headcount during the pandemic as well as triple-digit annual recurring revenue growth in 2020. With the funding, Axonius said it becomes the latest cybersecurity vendor to achieve a valuation of more than $1 billion. ....

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PerimeterX Raises $57M For Geographic, Vertical Growth


PerimeterX Raises $57M For Geographic, Vertical Growth
‘Our investors deeply believe in our vision of protecting the modern web apps that fuel today’s digital businesses with a single platform that works across hybrid edge-based infrastructure,’ says PerimeterX CEO Omri Iluz in a statement.
By
Michael Novinson February 23, 2021, 10:16 AM EST
Application security vendor PerimeterX has raised $57 million to expand its reach beyond the retail e-commerce vertical and strengthen its presence in Europe and Asia-Pacific.
The San Mateo, Calif.-based company said the funding round led by AllianceBernstein will allow it to move into new industries such as financial services where it’s seeing strong customer interest. The funding comes after two of PerimeterX’s top bot management competitors Distil Networks and Shape Security were sold to Imperva and F5 Networks, respectively, in recent years. ....

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