Astrix Security, a Tel Aviv, Israel-based company offering a solution for securing non-human identities (NHIs), raised $45M in Series B funding.
The round was led by Menlo VenturesĀ with participation fromĀ Workday Ventures, as well as existing investorsĀ Bessemer Venture Partners,Ā CRV, andĀ F2 Venture Capital.
The company intends to use the funds to expand operations and its development efforts.
Founded in Tel Aviv in 2021, and led by CEO Alon Jackson and CTO Idan Gour, Astrix Security helps enterprises close their security blind spots – Non-Human Identities (NHIs). It provides visibility into all non-human identities, and automatically detects and remediates over-privileged, unnecessary and malicious access to prevent supply chain attacks and data leaks.
Since raising its Series A funding only last year, Astrix has grown 5X and tripled the size of its team to support its Fortune 500 customer base, which includes organizations such as Figma, Netapp, Priceline, and Workday, Inc.
FinSMEs
10/12/2024