NEW YORK, Nov. 12, 2019 /PRNewswire-PRWeb/ -- Axonius, the cybersecurity asset management company, today announced its inclusion on the CNBC Upstart 100 List, a prestigious list showcasing the top, fastest-growing companies to watch in 2019. Axonius was selected among hundreds of nominees as one of the most promising startups this year.
Asset management is a huge, nagging problem that is only getting worse. With the increase in the number and types of devices in today's corporate environment, compounded by trends like BYOD, Cloud, and IoT, organizations struggle to understand how many devices they have, what's on them, and whether they comply with the overall security policy. In fact, Axonius finds 10 to 18 percent of devices are unmanaged, 15 to 25 percent are missing an endpoint agent, and 8 to 14 percent aren't being scanned by a vulnerability assessment tool.
Axonius offers a simple solution with a unique approach. Its Cybersecurity Asset Management Platform is the only asset management solution on the market today that leverages existing security investments to gain unmatched visibility into an organization's asset inventory, uncovering security solution coverage gaps, and automatically validating and enforcing security policies.
The Upstart 100 is CNBC's exclusive list of promising young startups, featuring a diverse group of companies that are building brands and breaking industry barriers on the path to becoming tomorrow's household names. All eligible companies are scored on equally-weighted quantitative metrics like sales growth and industry size to customer growth and access to capital. The 100 highest-scoring eligible companies make the list.
"We are honored to be named to CNBC's distinguished Upstart 100 list," said Dean Sysman, CEO and co-founder of Axonius. "2019 is a pivotal year for us, and we are humbled by the incredible demand for our product. Asset management is having a resurgence, and Axonius solves a critical need for not only tracking an organizations' assets, but providing actionable visibility and automated policy enforcement for all these assets. Gaining CNBC's recognition among other rising startups in this reputable list is yet another proof point that asset management is not only important, but foundational to cybersecurity today."
Making the CNBC Upstart 100 list comes on the heels of a year of explosive growth and recognition. In addition to achieving more than a 400% increase in Annual Recurring Revenue (ARR), the company also added Fortune 500 companies as customers and was recently named one of the 20 Rising Stars As Part Of Forbes' Cloud 100 List. The company also closed a $20 million Series B funding round, led by OpenView in August 2019 and was crowned "Most Innovative Startup" at the 2019 RSA Conference's Innovation Sandbox Contest.
For more information on the CNBC Upstart 100 List, visit: https://www.cnbc.com/upstart/.
About Axonius
Axonius is the cybersecurity asset management platform that gives organizations a comprehensive asset inventory, uncovers security solution coverage gaps, and automatically validates and enforces security policies. By seamlessly integrating with more than 150 security and management solutions, Axonius is deployed in minutes, improving cyber hygiene immediately. Covering millions of devices for customers like the New York Times, Schneider Electric, ThermoFisher, Landmark Health, AppsFlyer, and many more, Axonius was named the Most Innovative Startup of 2019 at the prestigious RSAC Innovation Sandbox and Rookie Security Company of the Year by SC Magazine in 2019. For more information, please visit http://www.Axonius.com.
SOURCE Axonius
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