Tech Company Financing Transactions
Axiad Funding Round
Axiad, based in Santa Clara, received $25 million from Invictus Growth Partners.
Transaction Overview
Company Name
Announced On
7/30/2024
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product development innovation, hire additional talent, bolster sales and marketing efforts, and aid in its journey to achieve Federal Risk and Authorization Management Program (FedRAMP®) Authority to Operate (ATO).
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
900 Lafayette St. 600
Santa Clara, CA 95050
USA
Santa Clara, CA 95050
USA
Phone
Website
Email Address
Overview
Headquartered in Santa Clara, CA with offices in Canada and India, Axiad delivers an agile, user-centric identity platform that is trusted across leading enterprise, government, healthcare, and financial organizations. Our platform helps leaders manage cybersecurity risks, compliance, and operational efficiency for their workforce, partners, and customers.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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