Axis Security, a startup that provides private application access has secured $17 million in funding. The latest round of funding was led by Cyberstarts and other investors such as Sequoia Capital, Palo Alto Networks, Check Point, and Imperva.
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The company said its cloud-based technology can overcome the problems associated with virtual private networks (VPN), which can be slow to deploy and hard to manage. Axis Security claims its Application Access Cloud platform was built on a zero-trust approach and offers a new agentless model. The company has research and development in Tel Aviv, Israel.
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Source: https://www.reuters.com/article/us-cyber-axis-security-fundraising/u-s-israeli-cybersecurity-firm-axis-security-raises-17-million-idUSKBN2141Z5
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