Axis Security
Application Access Cloud
Company Overview
Snapshot
Founded in October 2018 by Dor Knafo and Gil Azrielant, Axis Security operated with 201–500 employees. The company raised $99 million across 4 funding rounds from 8 investors. In March 2023, Axis Security was acquired by Hewlett Packard Enterprise (HPE).
Business overview
Axis Security provides a purpose-built zero-trust cloud-security platform designed to deliver tightly managed global access for employees, partners, and other stakeholders. Its core technology leverages advanced application isolation to ensure access only to necessary resources. Through its Security Services Edge (SSE) platform, which includes over 350 points of presence and a policy tagging system, Axis Security simplifies secure access to business resources. The company serves various industries by enabling hybrid work, enhancing digital experiences, and protecting data from cyber threats, particularly as operations shift to the cloud. Axis Security operates within the Cyber Security sector, focusing on network security, authentication, access control, cloud security, enterprise solutions, and data protection.
Strategic signal
In October 2024, Gili Raanan's VC fund significantly increased its assets under management to $720 million, partly driven by the acquisition of portfolio companies including Axis Security. This event signals a successful exit for investors and validates the strategic value Axis Security brought to the cybersecurity market, demonstrating strong returns for its backers.
Log in to access full profile ›Company Intelligence Q&A
- When was Axis Security acquired?
- Axis Security was acquired by Hewlett Packard Enterprise (HPE) in March 2023.
- What was a key product release by Axis Security?
- In April 2022, Axis Security unveiled Atmos, its Security Service Edge (SSE) platform.
- Which investors participated in the March 2021 funding round?
- In March 2021, Axis Security secured funding with.
- When did Axis Security emerge from stealth mode?
- Axis Security emerged from stealth mode in March 2020 with a funding round led by TenEleven Ventures.
- What recognition did Axis Security receive in September 2020?
- In September 2020, Axis Security was named a TiE50 Award Winner at TiEcon.