Axis Security raises $50 mn led by Spark Capital

Axis Security, a leader in Zero Trust Network Access (ZTNA), has raised $50 million in Series C round — led by new investor Spark Capital.
VC funding in technology cosExisting investors Canaan Partners, Ten Eleven Ventures, and Cyberstarts have also participated during the funding round.

Axis Security has raised $100 million to date.

Axis Security will use the new funding for product development, and expand go-to-market initiatives, including expanding its direct sales team, support for channel partners, integrations, and partnerships with leading security information and event management (SIEM), security orchestration, automation and response (SOAR), identity management, and endpoint security vendors among others.