Axonius launched a new business unit focused on innovation and growth avenues beyond the existing core solution already used by hundreds of companies worldwide. AxoniusX will explore new market opportunities and applications of Axonius technology, and then build and bring to market industry-leading solutions that deliver new value for customers and fuel company expansion as it drives toward an initial public offering.
The announcement comes just a few months after Axonius announced a $100 million funding round, cementing its status as a cybersecurity unicorn at a $1.2 billion valuation. After doubling its staff during the pandemic and achieving triple-digit annual recurring revenue growth in 2020, Axonius continues its rapid-growth trajectory, expanding globally and maintaining its commitment to product innovation.
“Our customer base is expanding rapidly and our core engineering team remains focused on supporting these organizations and adding new features to meet their needs,” said Dean Sysman, co-founder and CEO of Axonius. “Launching a new business unit focused on research and product development enables us to build for scale from the outset. We can effectively bring new products to market while still meeting the massive global demand for our cybersecurity asset management platform and continuously delivering on our commitment to incredible customer support.”
To lead the new business unit, Axonius brought in heavy-hitting industry veterans with extensive experience building and scaling technology solutions and successful companies. The AxoniusX executive team includes CEO Amir Ofek, previously CEO of Alcide (acquired by Rapid7) and CEO of Cyberint; Chief Technology Officer Roee Salomon, formerly head of SaaS at Alcide, R&D group manager at HARMAN Automotive Cybersecurity, and co-founder and vice president of R&D at Healthy.io; and Vice President of Product Chen Pipek, formerly head of product at Toka, and vice president of product at Signals Analytics.
“I am excited to join the Axonius team and to establish AxoniusX. At the core of Axonius technology is the ability to bring in data from multiple sources, correlate, de-duplicate, and find meaning in the data. The platform provides incredible value for security teams, and we see a massive opportunity in extending this core value for many other use cases adjacent and complementary to cybersecurity,” said Ofek. “I’m thrilled to lead such a talented team, and we are excited to explore new opportunities to solve business challenges for our expanding customer base.”