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SUBSCRIBE TFN FOR DAILY NEWS ALERTS Subscribe By clicking submit, you agree to share your email address with the site owner and Mailchimp to receive marketing, updates, and other emails from the site owner. Use the unsubscribe link in those emails to opt out at any time. Processing… Success! You're on the list. Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again. CATEGORIES * Acquisition News * Africa Tech News * Agtech News * AI News * App News * Asia Tech News * Australia Tech News * Autonomous News * Batterytech News * Biotech News * Blockchain News * BNPL News * Canada Tech News * Challenger Bank News * Climate Tech News * Cloud News * Covid-19 News * Crypto News * Cybersecurity News * Deeptech News * Diversity News * Ecommerce News * Edtech News * Electric News * Europe Tech News * Female Funding * Femtech News * Fintech News * Foodtech News * Funding News * Gadgets News * Gaming News * Guest Post * Healthtech News * HRtech News * India Tech News * Interviews * Israel Tech News * Latest News * Marketplace News * Medtech News * Middle East Tech News * Mobility News * NFT News * Podcast * Popular now * Robotics News * SaaS News * Social Media News * Spacetech News * Startups News * Sustainable News * TFN Partner Content * Top Feature * Top Funding Rounds * Top News * Top Stories * Traveltech News * UK Tech News * Unicorns * US Tech News * VC News * VR and AR News * WEB3 News * Wellbeing News CATEGORIES * Acquisition News * Africa Tech News * Agtech News * AI News * App News * Asia Tech News * Australia Tech News * Autonomous News * Batterytech News * Biotech News * Blockchain News * BNPL News * Canada Tech News * Challenger Bank News * Climate Tech News * Cloud News * Covid-19 News * Crypto News * Cybersecurity News * Deeptech News * Diversity News * Ecommerce News * Edtech News * Electric News * Europe Tech News * Female Funding * Femtech News * Fintech News * Foodtech News * Funding News * Gadgets News * Gaming News * Guest Post * Healthtech News * HRtech News * India Tech News * Interviews * Israel Tech News * Latest News * Marketplace News * Medtech News * Middle East Tech News * Mobility News * NFT News * Podcast * Popular now * Robotics News * SaaS News * Social Media News * Spacetech News * Startups News * Sustainable News * TFN Partner Content * Top Feature * Top Funding Rounds * Top News * Top Stories * Traveltech News * UK Tech News * Unicorns * US Tech News * VC News * VR and AR News * WEB3 News * Wellbeing News ARCHIVES * December 2024 * November 2024 * October 2024 * September 2024 * August 2024 * July 2024 * June 2024 * May 2024 * April 2024 * March 2024 * February 2024 * January 2024 * December 2023 * November 2023 * October 2023 * September 2023 * August 2023 * July 2023 * June 2023 * May 2023 * April 2023 * March 2023 * February 2023 * January 2023 * December 2022 * November 2022 * October 2022 * September 2022 * August 2022 * July 2022 * June 2022 * May 2022 * April 2022 * March 2022 * February 2022 * January 2022 * December 2021 * November 2021 * October 2021 * September 2021 * August 2021 * UK * Europe * US * VC News * Interviews * Tech Jobs * Partner Content * AI News GADGETS * December 2, 2024 ELON MUSK’S NEURALINK VS THE RIVALS: IS THE FUTURE OF AI-ENHANCED HUMAN BRAINS HERE? bySofia Chesnokova * October 4, 2024 FINNISH INNOVATION: WILL OURA RING 4 LEAD THE SMART RING MARKET? byVivek Chhetri * September 26, 2024 META CONNECT 2024 HIGHLIGHTS: NEW ORION GLASSES, QUEST 3S HEADSET, REAL-TIME RAY-BAN META VIDEO, LLAMA 3.2 AND MORE byVivek Chhetri * September 18, 2024 CUDIS WRAPS $5M TO CHALLENGE OURA RING WITH AI AND BLOCKCHAIN-POWERED WEARABLE bySofia Chesnokova * July 16, 2024 MACOS UPDATES: WHAT’S NEW IN THE LATEST VERSION? byEditorial team Join my Mailchimp audience By clicking submit, you agree to share your email address with the site owner and Mailchimp to receive marketing, updates, and other emails from the site owner. Use the unsubscribe link in those emails to opt out at any time. Processing… Success! You're on the list. Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again. NEWSLETTER Subscribe TFN for Daily News alerts By clicking submit, you agree to share your email address with TFN to receive marketing, updates, and other emails from the site owner. Use the unsubscribe link in the emails to opt out at any time. Processing… Success! You're on the list. Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again. THE LATEST SWISS STARTUP RELAI BAGS $12M TO LET ANYONE BUY AND SELL BITCOINS WITHIN MINUTES * Europe Tech News * Funding News * Latest News * Startups News * Top Stories byAbhinaya Prabhu December 11, 2024 2 minute read DUTCH DEEPTECH CARBONX CLOSES €4M FUNDING TO DEVELOP SUSTAINABLE GRAPHITE ALTERNATIVE * Batterytech News * Europe Tech News * Funding News * Latest News * Startups News * Top Stories byAbhinaya Prabhu December 11, 2024 3 minute read OPENAI-BACKED SPEAK CLOSES $78M AT $1B VALUATION FOR AI-POWERED LANGUAGE TUTOR * AI News * Funding News * Latest News * Top Stories * Unicorns * US Tech News byAbhinaya Prabhu December 11, 2024 3 minute read CZECH FEMALE BUSINESS LEADER INVESTS IN €1M PRESEED ROUND OF ELIN.AI, A MENTAL HEALTH STARTUP FOR GEN Z * AI News * Europe Tech News * Funding News * Healthtech News * Latest News * Medtech News * Popular now * SaaS News * Startups News * Top News * Top Stories * Wellbeing News bySofia Chesnokova December 11, 2024 3 minute read * Ys * Yoni Assia * women in tech * Woman in Tech * wireless charging * WhatsApp * Wellbeing * Web3 * Web Summit Lisbon 2024 * Web Apps * Cybersecurity News * Funding News * Israel Tech News * Latest News * Startups News * Top Stories * US Tech News ASTRIX SECURITY SECURES $45M TO ADDRESS NON-HUMAN IDENTITY BLIND SPOTS IN AI ERA byAbhinaya Prabhu December 10, 2024 3 minute read Picture credits: Astrix Total 0 Shares 0 0 0 0 Astrix Security, a cybersecurity startup that helps enterprises close their biggest security blind spots, has secured $45 million in Series B funding. This round was led by Menlo Ventures (which invested in Magnetar and Sana Labs), with participation from Workday Ventures, CRV, Bessemer Venture Partners (which invested in Spot AI and The Exploration Company), and F2 Venture Capital. With total funding reaching $85 million, Astrix is poised to scale its operations, expand its product capabilities, and secure enterprises in an increasingly automated world. THE GROWING THREAT OF NHI EXPLOITS Non-human identities (NHIs), such as API keys, service accounts, and automation secrets, have become prime targets in cyberattacks, as highlighted by breaches involving Microsoft and Okta. With Gartner predicting that agentic AI will autonomously make 15% of workplace decisions by 2028, enterprises must rethink their security strategies to include AI agents and other NHIs. As organisations increasingly rely on these virtual employees to automate human workflows, the definition of the workforce will change, forcing enterprises to rethink their existing identity and access management approaches. This is where Astrix comes into the picture to address one of the most overlooked vulnerabilities in enterprise security – NHIs. AUTOMATIC DETECTION OF MALICIOUS ACCESS Founded in 2021 by Israeli military intelligence veterans Alon Jackson and Idan Gour in Tel Aviv and headquartered in New York. It combines deep technical expertise with an ambitious mission to redefine enterprise security. The platform gives enterprises a centralised view of all NHIs, enabling automatic detection and remediation of over-privileged or malicious access. By addressing these gaps, Astrix prevents supply chain attacks and data leaks. The platform’s agentless design ensures seamless deployment, empowering security teams to act swiftly and effectively. GROWTH AND ACHIEVEMENTS Since its Series A funding in 2022, Astrix has experienced exponential growth, expanding its team threefold and increasing revenue fivefold. The company now supports a growing roster of Fortune 500 clients, including Workday, Netapp, Priceline, and Figma. Its achievements have earned recognition as a Gartner Cool Vendor in Identity-First Security, a SINET16 Innovator 2024, and an RSA Innovation Sandbox finalist in 2023. In collaboration with the Cloud Security Alliance, it hosted the inaugural NHI Security Conference to spotlight critical security gaps. The event revealed that one in five organisations has experienced NHI-related incidents, yet only 15% feel confident in their ability to secure these assets. “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,” said Alon Jackson, Astrix Co-founder and CEO. “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.” HOW DOES IT REDEFINE ENTERPRISE SECURITY? With enterprises increasingly relying on AI agents and automation, Astrix’s agentless platform offers unparalleled visibility and control over NHIs, ensuring secure access to critical systems. Its ability to prevent data breaches and supply chain attacks and strong backing, Astrix is all set to redefine enterprise trust frameworks. INVESTORS’ VIEWS Menlo Ventures invested in Astrix through their Anthology Fund, “Astrix exemplifies the type of transformative company the Anthology Fund was created to support,” said Rama Sekhar, Partner at Menlo Ventures. “Developed between Menlo Ventures and Anthropic, the Anthology Fund’s goal is to fuel the next generation of AI startups, and our investment in Astrix highlights their leadership in securing non-human identities, addressing the emerging challenges of agentic AI and beyond. 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.” “Astrix Security is leading the charge in how organisations approach the critical challenge of securing non-human identities, and we’re excited to support them in their journey. Our investment in Astrix reflects a shared commitment to empowering organisations 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,” said Erin Yang, VP and Chief Technologist at Workday Ventures. * cybersecurity * funding * Israel * news * Startups * US TOP STORIES * Swiss startup Relai bags $12M to let anyone buy and sell Bitcoins within minutes * Dutch deeptech CarbonX closes €4M funding to develop sustainable graphite alternative * OpenAI-backed Speak closes $78M at $1B valuation for AI-powered language tutor * Czech female business leader invests in €1M preseed round of Elin.ai, a mental health startup for Gen Z * Lights, camera, Sora: OpenAI unveils revolutionary AI video-generation tool Jobs For You BY Amply Account Director Senior - Federal Lumen DC Senior Logistics Coordinator Leidos Bristol Senior ServiceNow Product Owner Zebra Technologies Canada Multi Skilled Flexi Operative PepsiCo Driffield Search More Roles RECENT POSTS * Swiss startup Relai bags $12M to let anyone buy and sell Bitcoins within minutes * Dutch deeptech CarbonX closes €4M funding to develop sustainable graphite alternative * OpenAI-backed Speak closes $78M at $1B valuation for AI-powered language tutor * Czech female business leader invests in €1M preseed round of Elin.ai, a mental health startup for Gen Z * Lights, camera, Sora: OpenAI unveils revolutionary AI video-generation tool RELATED POSTS Read More 2 minute read * Fintech News * Funding News * Latest News * Startups News * Top Stories * UK Tech News UK FINTECH CELLPOINT DIGITAL SECURES $25M FUNDING TO DELIVER NEXT-GEN PAYMENT EXPERIENCE In a recent development, UK-based fintech startup Cellpoint Digital has announced a $25 million investment from Toscafund and… byEditorial Team January 6, 2022 Read More 2 minute read * Europe Tech News * Funding News * SaaS News * Startups News * Top Stories * VC News FEMALE CO-FOUNDED FRENCH TECH PIGMENT SNAGS $65M FOR FUTURISTIC BUSINESS PLANNING PLATFORM Pigment, a Paris-based business planning platform, has secured $65 million in Series B+ funding led by IVP and… byVignesh R September 29, 2022 Read More 3 minute read * Female Funding * Funding News * Latest News * Top Stories * US Tech News * VC News ERA VENTURES LAUNCHES $88M FIRST FUND TO DISRUPT GLOBAL REAL ESTATE INDUSTRY Era Ventures, a proptech-focused venture capital firm based in New York, recently announced the launch of its inaugural… byAbhinaya Prabhu September 20, 2024 Read More 3 minute read * AI News * Funding News * Latest News * Startups News * Top Stories * US Tech News TENDERD SECURES $30M FOR AI-POWERED ANALYTICS PLATFORM FOR FLEET OPERATIONS Dubai-based Tenderd, which helps companies supercharge their equipment operations using AI, has closed $30 million in Series A… byAbhinaya Prabhu June 11, 2024 Tech Funding News * About TFN * Unicorns * Disclaimer * Terms of Use * Privacy Policy * Popular now * Contact us * Top Funding Rounds * Jobs Breaking news on the best funding news in the global tech world, including Silicon Valley, Europe and more.. © 2024 Tech Funding News - All rights reserved. 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