capital · May 20, 2026
Axonius Raises Over $595 Million and Reaches Nearly 1,000 Customers
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Axonius surpassed $200 million ARR in Q1 fiscal year 2027 with 35% year-over-year growth and doubled revenue over the past two years on May 19, 2026, while appointing Joe Diamond as permanent CEO. Diamond served as president since August 2025 and interim CEO since February 2026, succeeding co-founder Dean Sysman who remains executive chairman. The company has raised more than $595 million from investors including Accel, Lightspeed Venture Partners, Bessemer Venture Partners, Stripe and Vertex Ventures. Axonius now employs more than 700 people including over 200 in Israel and serves nearly 1,000 customers worldwide with more than 100 Fortune 1000 clients such as ADT and Western Union plus more than 90 U.S. federal agencies including a selection for the DHS CDM program.