Astrix Security, a Tel Aviv, Israel-based provider of a solution for securing non-human identities, raised $25M in Series A funding.
The round, which brought the total amount to $40M, was led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital.
The company intends to use the funds to continue expanding the team in both the U.S. and Tel Aviv offices, including its research team who recently discovered GhostToken, a critical 0-day vulnerability in the Google Cloud Platform.
Founded in Tel Aviv in 2021 and led by CEO Alon Jackson and CTO Idan Gour, Astrix Security helps cloud-first companies defend against a new generation of supply chain attacks. It provides holistic visibility into all non-human connections and identities – automatically detecting and remediating over-privileged, unnecessary, misbehaving and malicious app-to-app connections to prevent supply chain attacks, data leaks and compliance violations. With it, businesses can extend their identity threat detection and response capabilities to non-human identities by continuously running behavioral analysis of internal and third-party apps connected to core SaaS, IaaS and PaaS systems to detect anomalies that may indicate compromised access tokens and automatically remediate risky conenctions.
The company recently added Figma, Priceline, Bloomreach, Rapyd and many others to its customer roster.
FinSMEs
28/06/2023