Axis Security
Application Access Cloud
Company Overview
Snapshot
Founded in October 2018 by Dor Knafo and Gil Azrielant, Axis Security grew to 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 developed a purpose-built zero-trust cloud-security platform designed to provide tightly managed global access for employees, partners, and other stakeholders. Its core technology, the Security Services Edge (SSE) platform, features over 350 points of presence and a policy tagging system to simplify secure access to business resources. The company served enterprises across various industries, enabling hybrid work, enhancing digital experiences, and protecting data from cyber threats, particularly as operations shifted to the cloud.
Strategic signal
In March 2023, Axis Security was acquired by Hewlett Packard Enterprise (HPE) for an estimated $500 million. This acquisition signals a strategic move by HPE to enhance its cybersecurity offerings, particularly in the Security Service Edge (SSE) market, and validates Axis Security's zero-trust cloud security platform as a critical component for modern enterprise security infrastructure.
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 the last disclosed funding round for Axis Security?
- In March 2021, Axis Security raised $50 million in a Series C funding round led by.
- When did Axis Security emerge from stealth with its initial funding?
- In March 2020, Axis Security emerged from stealth with a funding 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 investor led Axis Security's September 2020 funding round?
- Canaan Partners Israel led Axis Security's $32 million Series B funding round in September 2020, with participation from CyberStarts.