Astrix Security, a platform that helps companies manage and secure third-party app integrations, today announced that it closed a $25 million Series A funding round led by CRV with participation from Bessemer Venture Partners and F2 Venture Capital.
Co-founder and CEO Alon Jackson says that the round, which brings Astrix’s total raised to $40 million, will be put toward expanding headcount across the company’s offices in Tel Aviv and U.S.
“The pandemic enforced cloud and software-as-a-service (SaaS) adoption, thus increasing third-party adoption and automation — requiring a solution to fit this digital and fast-paced interconnected world,” Jackson told TechCrunch in an email interview. “Astrix was founded to close a significant and unaddressed security gap by allowing security teams to extend access management and threat detection to the non-human identity layer.”
Jackson co-launched Astrix in 2021 alongside Idan Gour, wh...