Astrix Security – a solution for securing non-human identities (NHIs) – announced $45 million in Series B funding led by Menlo Ventures with the participation of Workday Ventures, and existing investors, Bessemer Venture Partners, CRV, and F2 Venture Capital.
This funding round advances Astrix’s mission to secure enterprises’ biggest identity blind spot with a revolutionary infrastructure that ensures trusted access to critical systems and expansion to all identities, including humans.
NHIs like API keys, service accounts, and secrets have been repeatedly exploited in recent high-profile cyberattacks, such as those reported by Microsoft and Okta. With the adoption of AI agents—software programs that enhance productivity by automating tasks—securing NHIs is becoming even more imperative.
Since raising the Series A funding, Astrix has grown fivefold and tripled the size of its team to support its growing Fortune 500 customer base, which includes organizations like Figma, Netapp, Priceline, and Workday.
In the first NHI Security Conference hosted by Astrix and Cloud Security Alliance (CSA), data showed critical gaps in NHI protection, with one in five organizations having experienced a non-human identities security incident. Still, only 15% remain confident in their ability to secure them. And using an agentless approach, Astrix enables security teams to discover all their non-human identities in one place quickly, and automatically detects and remediates over-privileged, unnecessary, and malicious access that exposes their organizations to attacks.
KEY QUOTES:
“From inception, we’ve been laser-focused on securing enterprises’ most vulnerable entry points and defining the NHI security domain. Now, with AI driving the proliferation of API keys, service accounts, and other NHIs in the enterprise, our mission has never been so critical and complex. Our innovative technology will go beyond governance to ensure secure access of human and non-human identities to the enterprise’s most sensitive environments and data.”
- Alon Jackson, Astrix Co-founder and CEO
“With the Anthology Fund, we’re building a portfolio of next-generation AI startups; Astrix stands out for their pioneering work in securing non-human identities and addressing the emerging challenges of agentic AI. We’re thrilled to partner with Jackson, Idan, and the Astrix team as they pave the way for redefining what security means in an AI-first world.”
- Rama Sekhar, Partner at Menlo Ventures; Menlo Ventures led the round via the Anthology Fund, a $100 million initiative launched in 2024 in strategic partnership with Anthropic
“Our investment in Astrix reflects a shared commitment to empowering organizations with innovative, scalable solutions that address emerging security needs. As the adoption of AI and interconnected systems accelerates, Astrix’s proactive approach to securing non-human identities aligns with our vision of enabling enterprises to navigate the future of work with confidence and trust.”
- Erin Yang, VP and Chief Technologist at Workday Ventures
