Corsha, a Washington, D.C.-based cybersecurity startup focused on API (application programming interface) security, secured a $12 million Series A investment to bring multi-factor authentication (MFA) to machine-to-machine API traffic.
The round was led by Ten Eleven Ventures and Razor’s Edge Ventures, with additional participation from 1843 Capital.
Company: Corsha, Inc.
Raised: $12.0M
Round: Series A
Funding Month: April 2022
Lead Investors: Ten Eleven Ventures and Razor’s Edge Ventures
Additional Investors: 1843 Capital
Company Website: https://corsha.com/
Software Category: API Security
About the Company: Corsha was co-founded by Chris Simkins and Anusha Iyer in 2018. Corsha is a leading cybersecurity company that is defining the landscape of API security. APIs are the glue that stitches together hybrid and multi-cloud networks. Corsha has developed the first and only dynamic, fully automated multi-factor authentication (MFA) for APIs, protecting APIs using the same MFA principles that have successfully protected systems from human username/password cyberattacks. The platform is deployed as Corsha Cloud (SaaS) or Corsha Enterprise (self-hosted). It integrates with modern DevOps pipelines and is cloud-native, highly scalable, and platform agnostic.
Source: https://techcrunch.com/2022/04/05/corsha-mfa-api-traffic/