Cisco Completes $400M Astrix Security Acquisition

Acquisition Details

Cisco has completed its acquisition of Astrix Security, an Israeli cybersecurity startup focused on non-human identities, for approximately US$400 million. The company will integrate Astrix’s technology into Cisco Identity Intelligence, Duo, Secure Access, and Splunk.

About Astrix Security

Astrix was founded in 2021 by Alon Jackson and Idan Gour. Prior to the acquisition, the startup had raised US$85 million in total funding, including a US$45 million Series B round announced in December 2024. That Series B was backed by Menlo Ventures, Workday Ventures, Bessemer Venture Partners, CRV, and F2 Venture Capital.

Strategic Context

The acquisition reflects growing enterprise demand for machine identity security. According to Cisco, the move comes as more companies deploy AI agents and automated tools that rely on machine identities such as API keys and service accounts.