capital · May 17, 2026

Cisco Reportedly in Advanced Talks to Acquire Axonius for $2 Billion

Cisco Systems entered advanced negotiations to acquire Axonius for approximately $2 billion, according to a January 2026 report. Axonius, valued at $2.6 billion in its March 2024 Series E round, has raised about $856 million total from investors including Accel and Bessemer. The company denied the talks, stating it is “not in talks to be acquired by Cisco” and intends to remain independent. Axonius provides the Axonius Asset Cloud platform for managing cyber assets across 300+ integrations. The reported valuation sits below the prior $2.6 billion mark.