Astrix Security Raises $45M in Series B

Astrix Security Raises $45M in Series B

Astrix Security, a Tel Aviv, Israel-based company focused on securing non-human identities (NHIs) within enterprise systems, has raised $45 million in Series B funding.

The round was led by Menlo Ventures, with participation from Workday Ventures and existing investors Bessemer Venture Partners, CRV, and F2 Venture Capital.

Menlo Ventures is a venture capital firm that invests in seed-stage, early-stage, later-stage, and growth-stage companies. Founded in 1976, the firm focuses on seven areas: AI, Bio + Healthcare, Consumer, Cloud Infrastructure, Cybersecurity, Fintech, SaaS, and Supply Chain + Automation.

This funding will help Astrix advance its mission to protect enterprises' most vulnerable access points, particularly as AI-driven agents become more integrated into workflows.

Founded in Tel Aviv in 2021 by Alon Jackson and Idan Gour, Astrix Security helps enterprises close their biggest security blind spot: Non-Human Identities (NHIs). Astrix 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. Astrix's technology focuses on securing APIs, service accounts, and other NHIs to prevent cyberattacks. The company serves Fortune 500 clients like Figma, NetApp, and Workday.

Funding Details

Company: Astrix Security Ltd.

Raised: $45.0M

Round: Series B

Funding Date: December 2024

Lead Investor: Menlo Ventures

Additional Investors: Workday Ventures, Bessemer Venture Partners, CRV, F2 Venture Capital

Company Website: https://astrix.security/

Software Category: Non-Human Identity Security