Axis Security Raises $50M in Series C Funding

23 Mar, 2021

Axis Security Raises $50M in Series C Funding
Photo by Nastuh Abootalebi on Unsplash

– Axis Security from San Mateo develops a Zero Trust Network Access (ZTNA) platform.
– The company raised $50m in Series C funding.
– The round was led by Spark Capital with participation from existing investors Canaan Partners, Ten Eleven Ventures, and Cyberstarts.
– The investment will be used to accelerate product development and feature velocity, and expand go-to-market initiatives, including expanding its direct sales team, support for channel partners, integrations, and partnerships with security information and event management (SIEM), security orchestration, automation and response (SOAR), identity management, and endpoint security vendors among others.

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