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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source:https:\/\/techcrunch.com\/2023\/06\/28\/astrix-security-which-uses-ml-to-secure-app-integrations-raises-25m\/<\/a><\/br> Astrix Security<\/a>, 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.<\/p>\n Co-founder and CEO Alon Jackson says that the round, which brings Astrix\u2019s total raised to $40 million, will be put toward expanding headcount across the company\u2019s offices in Tel Aviv and the U.S.<\/p>\n \u201cThe pandemic enforced cloud and software-as-a-service (SaaS) adoption, thus increasing third-party adoption and automation \u2014 requiring a solution to fit this digital and fast-paced interconnected world,\u201d Jackson told TechCrunch in an email interview. \u201cAstrix 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.\u201d<\/p>\n Jackson co-launched Astrix in 2021 alongside Idan Gour, who he met while serving in the Israel Defense Forces. Both say that they saw a need to create a platform that could help companies bring app integrations, which continue to gain in popularity, under firmer control from a security standpoint.<\/p>\n To their points, according to one recent report<\/a>, company departments use between 40 and 60 different apps, with departments using an average of 200 apps organization-wide. This can amplify the security risk. Another poll<\/a>, published in 2022 by the Ponemon Institute and Mastercard\u2019s RiskRecon, found that 54% of organizations were breached through third parties over the preceding 12 months.<\/p>\n \u201cApps are often connected by employees across departments without the security team\u2019s knowledge, making having visibility and governance into every third-party connection virtually impossible,\u201d Jackson said.<\/p>\n Astrix connects to a company\u2019s core systems \u2014 including SaaS, integration platform-as-a-service and infrastructure-as-a-service \u2014 to attempt to protect against over-privileged and malicious third-party app connections that might expose an organization. Using machine learning-based behavioral analysis engines, Astrix tries to spot deviations from standard app-to-app connectivity behaviors and suggest remediation steps that security teams can take to address the root of the problem.<\/p>\n
\nAstrix Security, which uses ML to secure app integrations, raises $25M<\/br>
\n2023-06-29 22:59:19<\/br><\/p>\n