Overview

Crosswire develops an identity threat detection and response (ITDR) platform aimed at helping enterprises manage and secure their digital identities. The software detects suspicious activities related to user access and remediates potential threats in real-time, providing security teams with the context needed to investigate incidents effectively. Targeting enterprises and their security engineering teams, Crosswire operates in the enterprise security market, focusing on identity and access management (IAM) and identity security. Its subscription-based service allows clients to enhance their security posture against evolving cyber threats. By prioritizing identity as a key security perimeter, Crosswire addresses the complexities of managing access in IT environments, aiming to reduce risk exposure and improve security resilience through automatic threat response and detailed incident context.

Simplify's Take

What believers are saying

• Rising demand for identity-centric security boosts Crosswire's market potential.
• Remote work trends increase need for Crosswire's access management solutions.
• AI integration in cybersecurity enhances Crosswire's threat detection capabilities.

What critics are saying

• Emerging startups like Beyond Identity increase competition in identity security.
• AI-driven threats challenge Crosswire's current detection capabilities.
• Data privacy regulations like CPRA may affect Crosswire's client trust.

What makes Crosswire unique

• Crosswire automates identity threat detection and response, reducing manual security tasks.
• The platform provides real-time threat remediation, enhancing enterprise security resilience.
• Crosswire offers contextual information for incident investigations, improving response accuracy.

Help us improve and share your feedback! Did you find this helpful?

YesNo

Funding

Total Funding

$6M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:

General CatalystAndreessen Horowitz

Notable Investors:

General CatalystAndreessen Horowitz

$6,000,000

Seed

Dec 2021

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

Ind Avg. $3.3M

$500k

$1.5M

$2M

$2.3M

$3M

$6M