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Crosswire

ITDR platform for enterprise identity security

Overview

Crosswire provides an identity threat detection and response (ITDR) platform targeted at large organizations. It helps enterprises manage and secure digital identities at scale by monitoring user access, detecting suspicious activity, automatically remediating threats in real time, and delivering rich investigative context to security teams. The product is SaaS and oriented toward identity and access management (IAM) and identity security within the broader enterprise security market. Unlike more general security tools, Crosswire concentrates on identity as the security perimeter, enabling security engineers to detect and respond to identity-related threats quickly at scale. The company’s goal is to reduce identity-related risk and improve security resilience by offering a scalable, automated, and context-rich ITDR solution for enterprise environments.

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About Crosswire

Simplify's Rating
Why Crosswire is rated
D-
Rated D- on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Enterprise SoftwareCybersecurity

Company Size

1-10

Company Stage

Seed

Total Funding

$6M

Headquarters

New York City, New York

Founded

2021

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Simplify's Take

What believers are saying

  • General Catalyst and Andreessen Horowitz validated the original identity-security thesis in 2021.
  • The team built contextual remediation workflows, useful for security analysts under attack.
  • Identity threat detection remains a hot category for enterprises modernizing access controls.

What critics are saying

  • Crosswire shut down in April 2024, ending the enterprise-security company.
  • A tiny 1-10 person seed team cannot survive against Okta, Microsoft, CrowdStrike.
  • The product's market is brutally crowded; buyer trust evaporates after layoffs and shutdowns.

What makes Crosswire unique

  • Crosswire raised $6 million seed from a16z and General Catalyst in 2021.
  • Its ITDR product monitored permission anomalies, account takeovers, and cookie theft.
  • The 2024 shutdown post says Crosswire pivoted from IAM to ITDR.

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Funding

Total Funding

$6M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$6M

Benefits

Quality-driven environment

Competitive compensation

Medical, dental, vision

Healthy work-life balance

Educational stipend

401k

Flexible PTO

Parent-friendly company culture

Top-of-the-line equipment

Company offsites

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