Astrix Security Raises $25M in Series A Funding

Astrix Security Raises $25M in Series A Funding

Jun 28, 2023 by PR Newswire

Key Facts

  • Astrix Security, the enterprise's trusted solution for securing non-human identities, has secured $25 million in Series A funding led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital.
  • Astrix Security Team Fueled by the increased adoption of automation and generative AI initiatives, the enterprise's connectivity to third-party applications is growing, resulting in an increase in cyber attacks targeting non-human app-to-app connections (via API keys, access tokens, service accounts, etc.) – as seen in high profile attacks against CircleCI, Mailchimp, GitHub, Microsoft, and Slack.
  • "The company has made a mark on the industry already, and with the wealth of knowledge and experience from this team, we are confident they will continue to be the security asset every business needs and relies on in their toolbox."
  • Astrix provides a consolidated, comprehensive view of all the internal and third-party integrations within a business environment, as well as all access keys in use (i.e., API keys, OAuth tokens, service accounts, and webhooks) and the permissions and level of access granted to each one.

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