Cisco to accumulate Israeli co Astrix Safety

US tech large Cisco (Nasdaq: CSCO) has introduced its intention to accumulate Israeli cybersecurity firm Astrix Safety. No monetary particulars had been disclosed however final month “The Data” web site reported that the deal could possibly be for $300 million.

Cisco SVP/GM Safety Peter Bailey wrote in a weblog, “Since its founding 5 years in the past, Astrix Safety has centered on securing the identities and credentials that energy trendy programs – API keys, service accounts, and OAuth tokens – the very credentials that AI Brokers at the moment are utilizing (and abusing) to achieve entry and execute work at scale.”

He added, “The addition of Astrix Safety brings deep functionality to find and safe each AI agent and non-human identification (NHI), together with extreme privileges and real-time threats, enabling organizations to undertake AI securely and at scale.”

Astrix, which was ranked final 12 months on Globes’ itemizing of Israel’s ten most promising startups, was based in 2021 by CEO Alon Jackson and president Idan Gour, each graduates of the IDF’s 8200 intelligence unit, and who had been among the many first to establish the pattern of digital entities that at the moment are referred to as AI brokers.

Astrix has raised $91 million to this point from traders together with F2 Enterprise Capital and the Israeli department of US fund Bessemer Enterprise Companions, the Ariely Group, Elron Ventures, Milo, CRV, and Anthropic, which invested within the firm by its joint Anthology fund with Menlo Ventures. The corporate acquired a valuation of $192 million in its most up-to-date financing spherical 18 months in the past, in keeping with PitchBook.

Printed by Globes, Israel enterprise information – en.globes.co.il – on Could 4, 2026.