By Meir Orbach
Publication Date: 2026-01-04 12:55:00
Technology giant Cisco is in advanced negotiations to acquire Israeli cybersecurity company Axonius for $2 billion, Calcalist has learned. Axonius was previously valued at $2.6 billion. The company operates in a space similar to Armis, which was sold for $7.75 billion last month.
Axonius has raised approximately $700 million to date, with investors including Accel, Silver Lake, Bessemer Venture Partners, Iconiq Capital and Alkeon Capital. The company’s first investor, YL Ventures, has since exited its holdings. Last November, Axonius laid off around 100 of its 900 employees across Israel and the United States. The company acquired Cynerio, an Israeli cybersecurity firm specializing in medical devices for hospitals, in a $180 million deal in July of last year.
Axonius, founded in 2017 in New York by Dean Sysman, Ofri Shur, and Avidor Bartov, all alumni of the IDF’s elite cyber units, offers a comprehensive platform for managing and securing devices connected to corporate networks….
