Astra Security has announced the closing of a$ 2.7 million growth capital round, led by Emergent Ventures, with participation from Neon Fund, Better Capital, Blume Ventures, and PointOne Capital. The financing will increase its AI-powered pentesting solutions, which simulate thief behavior to identify vulnerabilities, especially in environments.
Astra Security, which serves over 800 customers worldwide, wants to increase its emphasis on ongoing pentesting as computer develop. The company, founded in 2018, uncovered almost 5, 500 risks daily for its customers last year, with aspirations to triple that number by year-end.
” The hacking environment is becoming increasingly difficult with AI-based attacks”, said Shikhil Sharma, co-founder and CEO of Astra Security. He argued that conventional pentesting is insufficient in the current risk atmosphere and emphasized the need for ongoing monitoring.
Over 13, 000 vulnerabilities have been discovered on Astra’s system, which uses to emulate hacker tactics, and has given customers priority over the remediation of two million vulnerabilities in the last year. The company is aimed at designers who are overly concerned about security as the sector shifts safety responsibilities within organizations.
Co-founders Sharma and Ananda Krishna both have background in cybersecurity and have formerly assisted huge corporations like and in identifying crucial vulnerabilities. The money will help them advance their goal of integrating AI into safety measures and reducing the number of penetration tests.
This expansion square is intended to further advance Astra Security’s rise and strengthen its position among mid-sized and large businesses, which accounted for over 25 % of its customer base in the prior year.