What is Astrix Security?
Founded in Tel Aviv in 2021, Astrix Security is dedicated to resolving the significant security gap posed by Non-Human Identities (NHIs) within enterprise environments. The company provides comprehensive visibility into all NHIs, coupled with automated detection and remediation of excessive, unnecessary, or malicious access. This proactive approach is designed to prevent sophisticated threats such as supply chain attacks and data exfiltration. Led by veterans of the Israel Defense Force 8200 military intelligence unit, CEO Alon Jackson and CTO Idan Gour, Astrix Security is strategically positioned to address the evolving landscape of cyber threats.
How much funding has Astrix Security raised?
Astrix Security has raised a total of $85M across 3 funding rounds:
Angel/Seed
$15M
Series A
$25M
Series B
$45M
Angel/Seed (2022): $15M with participation from Bessemer Venture Partners, F2 Venture Capital, and Venrock
Series A (2023): $25M led by Crv, Bessemer Venture Partners, and F2 Venture Capital
Series B (2024): $45M supported by Workday Ventures, Crv, Bessemer Venture Partners, Menlo Ventures, and F2 Venture Capital
Key Investors in Astrix Security
Workday Ventures
Workday Ventures is a venture capital fund that accelerates innovation by connecting early-stage enterprise technology companies with Workday's customers and the broader community. The firm partners with innovative startups to shape the future of technology, providing them with valuable resources and connections.
Crv
Established in 1874, CRV is a global cattle improvement company that commits to adding value for farmers. CRV works on selective breeding and sells bull semen to improve farmers herds. CRV is headquartered in Arnhem, Netherlands.
Bessemer Venture Partners
Bessemer Venture Partners (Bessemer) is a venture capital firm. The firm has offices in San Francisco, Redwood City, New York City, Boston, Israel, and India. It was established in 1911 as Bessemer Securities. It's headquarters is at Menlo Park, California, US.
What's next for Astrix Security?
The substantial enterprise-level funding Astrix Security has garnered, particularly the recent major strategic investment, signals a strong confidence from investors in the company's mission and technology. This capital infusion is expected to fuel further expansion of its team and accelerate product development, enhancing its capabilities in securing NHIs for a growing enterprise client base. The company's focus on preventing supply chain attacks and data leaks positions it as a key player in the cybersecurity market, poised for continued innovation and market penetration.
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