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10 Cool Tech Companies That Raised Funding In March 2021

Cybersecurity and big data innovators were among the companies that reported new rounds of funding in March.

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Axonious

Headquarters: New York

CEO: Dean Sysman

Funding: $100 million Series D. The company has raised $195 million in five funding rounds and has reached a $1 billion valuation.

Investors: Round led by Stripes with participation from existing investors Bessemer Venture Partners, OpenView, Lightspeed and Vertex.

What company does: Axonious markets cybersecurity asset management tools used to inventory IT assets, identify gaps in security coverage and enforce security policies.

CEO Quote: “This new round of funding with the most successful investors in our industry highlights the incredible work our team has done so far, as well as our commitment to our customers. I often say that time is the enemy of cybersecurity, and the rate and pace of change mean that IT and security teams can no longer afford to spend time manually compiling data about devices, users, and cloud instances for things like incident response, audits, and compliance. We’re committed to solving a real problem to let our customers focus on what’s important.”

 
 
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