Axiad

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Identity & Access Management?
Product stageSegments
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Multi-factor authentication (MFA) solutions, Credential and password management
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Axiad provides organization-wide passwordless authentication solutions. Its flagship product, Axiad Cloud, is a comprehensive platform that enables enterprises and public sector organizations to transition to a passwordless authentication model. Axiad Cloud supports a wide range of credentials, including FIDO, mobile MFA, Windows Hello for Business, YubiKeys, smart cards, TPM, and biometrics.

The company's technology works by orchestrating various authentication methods across an organization's systems and applications, ensuring a consistent and secure authentication process. Axiad Cloud allows customers to implement phishing-resistant multi factor authentication (MFA) methods, such as certificate-based authentication (CBA).

Axiad Cloud can augment an organization's existing identity and access management (IAM) systems, extending their capabilities to provide passwordless, phishing-resistant MFA for all users. This approach helps organizations address the complexity of managing multiple IAM systems and eliminates gaps and inconsistencies that can be exploited by cybercriminals.

In November 2022, Axiad released a turnkey SaaS solution that enables organizations to implement CBA across their IAM ecosystem, including various operating systems like Windows, macOS, and Linux. This solution streamlines credential management and provides administrators with a centralized dashboard for rolling out and managing credentials throughout their lifecycle.

Key customers and partnerships

Axiad is used in various industries, including aerospace & defense, financial services, insurance, healthcare, and oil & energy.

The company has partnered with Microsoft to support Azure Active Directory (now Microsoft Entra ID) certificate-based authentication, enabling Azure customers to implement phishing-resistant MFA and ensure seamless migration from legacy infrastructure to the cloud.

Funding and financials

In February 2021, Axiad raised USD 20 million in funding from Invictus Growth Partners for product development and to accelerate sales and marketing efforts.

HQ location:
900 Lafayette St. Suite 600 Santa Clara CA USA
Founded year:
2010
Employees:
51-100
IPO status:
Private
Total funding:
USD 45.0 mn
Last Funding:
USD 25.0 mn (Private Equity; Jul 2024)
Last valuation:
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