Axis Security

Application Access Cloud

Cyber Security
Acquired (Inactive) by Hewlett Packard Enterprise (HPE) on Mar 2023 - ceased to operate
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Company Overview

Snapshot

Founded in October 2018 by Dor Knafo and Gil Azrielant, Axis Security operated with 201–500 employees. The company raised a total of $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 provided a purpose-built zero-trust cloud-security platform designed to deliver tightly managed global access to employees, partners, and other stakeholders. Its core technology focused on advanced application isolation and a Security Services Edge (SSE) platform, comprising over 350 points of presence and a policy tagging system. The company served enterprises by simplifying hybrid work, enhancing digital experiences, and protecting data from cyber threats, particularly as operations shifted to the cloud. Axis Security operated within the Cyber Security sector, specifically addressing Network & Infrastructure Security and Cloud Security.

Strategic signal

In March 2023, Axis Security was acquired by. This acquisition indicates a strong validation of Axis Security's zero-trust cloud security technology and its strategic importance in the evolving cybersecurity landscape, particularly for large enterprise solutions. For investors, this signals the successful maturation and strategic value of innovative cybersecurity platforms.

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Company Intelligence Q&A

What was the most significant corporate event for Axis Security?
In March 2023, Axis Security was acquired by Hewlett Packard Enterprise (HPE), leading to the company ceasing operations.
When was Axis Security founded and by whom?
Axis Security was founded in October 2018 by co-founders Dor Knafo and Gil Azrielant.
What was Axis Security's last disclosed funding round?
In March 2021, Axis Security raised a Series C round led by.
What product did Axis Security unveil in April 2022?
In April 2022, Axis Security unveiled Atmos, its Security Service Edge (SSE) platform.
Which investors participated in Axis Security's Series B funding round?
In September 2020, Axis Security closed a Series B round with participation from.
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