Astrix Security Bags $45M to Tackle the Non-Human Identity Crisis: Secure Your Virtual Minions!
Astrix Security secures $45 million in Series B funding to protect non-human identities like API keys and service accounts, tackling a major identity and access management blindspot. With profits on the horizon, the Tel Aviv startup is growing fast, and its investors are all keyed up for success.
Hot Take:
Who knew that non-human identities needed their own security company? Astrix Security is here to remind us that even robots, APIs, and service accounts deserve some love and protection – and they just secured $45 million to prove it! It’s official, even our virtual friends need a security blanket. Watch out, hackers, the APIs are getting their own bodyguards!
Key Points:
- Astrix Security raised $45 million in a Series B funding round, bringing total funds to $85 million.
- Menlo Ventures led the investment round, with contributions from Workday Ventures, BVP, CRV, and F2 Venture Capital.
- The company focuses on securing non-human identities such as APIs and service accounts.
- Gartner predicts that 15% of work decisions will be made by AI, emphasizing the need for Astrix’s services.
- Astrix Security has tripled its workforce following its previous funding round.
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