Axonius Inc. raised $200M in a Series E extension led by Accel and Lightspeed Venture Partners to accelerate innovation and global expansion.
Mar 05, 2024•over 1 year ago
Amount Raised
$200 Million
Round Type
series e
Investors
StripesLightspeed Venture PartnersAccel
Description
Axonius announced a $200-million Series E extension funding round led by Accel and Lightspeed Venture Partners, with participation from existing investor Stripes. The funding is intended to accelerate innovation and scale across the globe as demand for the Axonius Platform continues to grow. The company also achieved significant growth, surpassing $100 million in annual recurring revenue in 2023 and serving a diverse customer base, including Fortune 500 companies and global organizations.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech