Connect with us

Hi, what are you looking for?

Jewish Business News


Axis Security Raises $32 Million, Expands Its Tech

“Axis has quickly established itself with a differentiated, already proven approach to the decades-old problem of securing application access.”

Israel’s Axis Security, which provides cybersecurity services, raised $32 million in a Series B funding led by Canaan Partners, with participation from existing investors Ten Eleven Ventures and Cyberstarts. The firm provides security for the transfer of all manner of data and information through on line cloud services. In today’s world, especially with the Covid-19 shutdowns, working remotely through a cloud-based service has become more of a necessity.

Axis has also announced that it is expanding its services through integrations with security information and event management (SIEM), identity management and endpoint security vendors Splunk, Okta and CrowdStrike to provide organizations with an integrated fabric for securing access to applications via its Application Access Cloud platform.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

“Axis has quickly established itself with a differentiated, already proven approach to the decades-old problem of securing application access,” said Canaan Partners general partner Joydeep Bhattacharyya. “What has been most impressive to us is how the company has moved quickly and met the opportunity since coming out of stealth in March. It is a testament to the team and the power of the Axis platform. The company is rising at the right moment and we are humbled to become their partner at such a pivotal time.”

“Our approach is a proven game-changer for customers,” said Dor Knafo, co-founder and CEO of Axis Security. “We’re solving one of the most complex security challenges IT faces right now in rapidly onboarding remote workers and third parties simply and securely. Doing this at scale is proving to be far more difficult than many organizations expected. We’re giving IT teams a single, managed solution for access, security, control and scalability without the complexity and end-user headaches of what’s available today.”

“When it comes to application access for third parties, maintaining a Zero Trust posture and having the ability to do continuous security monitoring of every user, request and action is what separates the Axis Application Access Cloud from legacy VPN solutions,” said Prabash Coswatte, CISO of leading Hispanic supermarket chain Cardenas Markets.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.