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Astrix Security Raises $45M Series B to Strengthen Identity Security for AI Era

Astrix Security Raises M Series B to Strengthen Identity Security for AI Era
© Astrix Security

Astrix Security has raised $45 million in Series B funding, bringing its total funding to $85 million. Menlo Ventures led the round through their Anthology Fund, in partnership with Anthropic, along with Workday Ventures and existing investors Bessemer Venture Partners, CRV, and F2 Venture Capital.

The company is focused on securing non-human identities (NHIs), such as API keys and service accounts, which have become increasingly critical as AI agents and automation drive change in the enterprise landscape. With the growing reliance on these virtual agents, securing NHIs has become a high-priority issue for organizations looking to safeguard access to sensitive systems and data.

Astrix’s technology goes beyond governance to ensure secure access for both human and non-human identities. The company’s solution helps organizations discover and secure NHIs across their environments, addressing vulnerabilities that are often exposed in cyberattacks.

Since raising its Series A funding, Astrix has experienced significant growth, expanding its team fivefold and tripling its Fortune 500 customer base, which includes clients such as Figma, Netapp, and Workday.

The company uses an agentless approach to identify and secure NHIs, enabling businesses to detect and remediate over-privileged or malicious access. Astrix’s proactive security measures address key gaps in identity protection that can expose organizations to risk.

Astrix’s recognition as a SINET16 Innovator and a Gartner Cool Vendor in Identity-First Security underscores its position as a leader in the field. The company’s innovative approach to securing non-human identities aligns with the increasing demand for robust security solutions in the age of AI and interconnected systems.