Axiad Named to Esteemed Cyber 66 List of the Hottest Privately Held Cybersecurity Companies

Recognized for Innovative Solutions That Help Organizations Make Identity Risk Management and Authentication Simple and Effective for Maximum Security

SAN JOSE, Calif., April 2, 2025 /PRNewswire/ -- Axiad, a global identity security leader, today announced it was named one of the hottest and most well-positioned privately held cybersecurity companies on the 2025 Cyber 66 List published by Citizens. In its 11th year, the annual report highlights the world's elite cybersecurity innovators in the industry.

"The identity security solution landscape is an important and rapidly evolving sector within cybersecurity that is poised to make a big impact given the continued increase in identity-based attacks," said Trevor Walsh, senior research analyst at Citizens. "We welcome Axiad to this year's Cyber 66 based on its unique solution set—one that stands out in the identity space, helping organizations and federal agencies alike to detect and mitigate risk." 

According to the report: "We highlight the prioritization of identity security as one of our key themes for 2025, given: 1) the failure of legacy tooling (both homegrown and commercially available); 2) endpoint protection vendors and network security providers extending their product suites into the identity threat detection and response (ITDR) realm; and 3) the continued prevalence of identity gaps as a critical threat vector in high-profile breaches." Axiad's identity security portfolio addresses all three of these industry challenges.

Axiad's patent-pending identity risk management solution – Axiad Mesh – uses machine learning (ML)-powered technology to identify, quantify and fortify identities at scale—no matter the complexity. The novel solution empowers teams to understand the true business risk across on-prem, cloud-based and hybrid identity sources and gain the near precognitive ability to anticipate and address complex attack vectors before they become active threats.

Axiad Mesh integrates with Axiad Conductor (formerly Axiad Cloud), Axiad's industry-leading credential management system for global enterprises and federal agencies, scaling to defend against identity security threats. Axiad Conductor integrates with hardware authenticators to make phishing-resistant multi-factor authentication (MFA) defensive, manageable and usable, while supporting strong credential deployment at scale for non-human identities (NHIs). In addition, Axiad Conductor is Federal Risk and Authorization Management Program (FedRAMP®) compliant, making it a timely tool for federal agencies and departments who find themselves under an increasing deluge of identity-related cyberattacks.

"Axiad redefines identity security worldwide with Conductor, which secures the identity of humans and non-humans at scale, and Mesh, which manages identity sprawl and risk exposure across enterprise ecosystems," said David Canellos, CEO of Axiad. "To be named to the Cyber 66 List proves we're a key innovator driving traditional IAM to intelligent, scalable identity security."

The Citizens Cyber 66 list is compiled through an annual evaluation process of the cybersecurity sector conducted by Citizens' equity research team. The selection criteria include factors such as innovation, market potential, customer adoption and growth trajectory. Each company is thoroughly assessed based on its unique contributions to the cybersecurity landscape, with a focus on identifying the most promising and impactful companies in the industry.

Join global identity leaders at RSAC 2025 to explore Axiad Conductor and Axiad Mesh by booking now.

About Axiad
Axiad is an identity security company tackling the critical threats posed by compromised credentials, which account for more than 70% of enterprise breaches. As human and non-human identities multiply across disparate systems, traditional IAM tools fall short, leaving organizations with fragmented visibility and significant security gaps. Axiad bridges this divide by uncovering hidden identity risks and credential vulnerabilities, providing actionable insights to strengthen security—without requiring a complete system overhaul. Our solutions integrate seamlessly with existing IAM infrastructures, enabling organizations to shrink their attack surface and adopt phishing-resistant, strong authentication methods. At Axiad, we make identity security simple, effective and real for a passwordless, more secure world. Discover more at axiad.com or follow us on LinkedIn.

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SOURCE Axiad IDS, Inc.