Funds Obtained from Cybernetix Ventures by Corsha

Funds Obtained from Cybernetix Ventures by Corsha

Corsha, a Machine Identity Provider (m-IdP), has secured an investment from Cybernetix Ventures, a leading venture capital firm focused on robotics and physical AI. This investment underscores the increasing demand for secure identity and access management in industrial systems.

Founded in 2017, Corsha’s patented m-IdP platform enables enterprises to securely connect systems, automate data movement, and authenticate machine-to-machine (M2M) interactions within robotics, automation, and industrial infrastructures.

Key aspects of Corsha’s role and significance include:

• Purpose-built machine identity infrastructure: Corsha’s m-IdP is designed specifically to manage machine identities at scale, differentiating itself from traditional identity and access management (IAM) solutions that focus on human users. This customized approach addresses the unique needs of high-speed, autonomous M2M connections especially in robotics and critical industrial operations.
• Dynamic authentication and continuous verification: The platform continuously verifies and authorizes every machine-to-machine connection at machine speed, supporting zero trust principles by ensuring that each interaction is authenticated dynamically rather than relying on static credentials. This significantly reduces the attack surface in environments that can include cloud, edge, hybrid, and air-gapped industrial systems.
• Automated lifecycle management: Corsha’s solution automates the generation, deployment, rotation, and revocation of millions of machine identities, providing operational efficiency and security resilience, which is essential for large-scale industrial and robotics deployments where manual identity management is impractical.
• Support for complex and critical infrastructure: The technology is employed in defense, manufacturing, and U.S. critical infrastructure sectors, where securing operational technology (OT) systems against cyber threats is paramount. Corsha’s platform enables multi-factor authentication, advanced behavioral analytics, and proactive threat detection tailored for machine identities, helping safeguard national security interests and reduce vulnerabilities in hyperconnected environments.
• Enabler of Zero Trust at the machine layer: By embedding continuous identity verification and cryptographic assurance into machine communications, Corsha provides a foundational building block for implementing Zero Trust architectures in autonomous and industrial networks, which is increasingly recognized as essential by strategic investors like Booz Allen Hamilton and Cybernetix Ventures.

Anusha Iyer, CEO and Founder of Corsha, expresses excitement about partnering with Cybernetix Ventures. She believes that this investment will enhance Corsha's mission to secure machine connections in robotics and autonomous industrial systems. Mark Martin, General Partner at Cybernetix Ventures, believes that Corsha has solved the fundamental challenge of machine-to-machine authentication.

Corsha's m-IdP provides enterprise-grade identity management that seamlessly integrates into existing infrastructure, according to Mark Martin. The funding will be used to further develop and scale Corsha's technology to meet the growing demand for secure M2M communication in various industries.

Other investors have also provided support for Corsha in its Series A-1 funding round. Cybernetix Ventures brings capital and deep connections across the emerging frontier of robotics and physical AI, according to Mark Martin, which will be invaluable for Corsha's growth and success.

References:

[1] Corsha. (n.d.). Corsha: Machine Identity Provider. Retrieved from https://www.corsha.io/

[2] Corsha. (2021, March 1). Corsha Secures $18 Million in Series A-1 Funding to Secure Machine-to-Machine Communication in Robotics and Autonomous Industrial Systems. Retrieved from https://www.prnewswire.com/news-releases/corsha-secures-18-million-in-series-a-1-funding-to-secure-machine-to-machine-communication-in-robotics-and-autonomous-industrial-systems-301237119.html

[3] Corsha. (2021, March 1). Corsha Secures $18 Million in Series A-1 Funding to Secure Machine-to-Machine Communication in Robotics and Autonomous Industrial Systems. Retrieved from https://www.businesswire.com/news/home/20210301005405/en/Corsha-Secures-18-Million-in-Series-A-1-Funding-to-Secure-Machine-to-Machine-Communication-in-Robotics-and-Autonomous-Industrial-Systems

[4] Corsha. (2021, March 1). Corsha Secures $18 Million in Series A-1 Funding to Secure Machine-to-Machine Communication in Robotics and Autonomous Industrial Systems. Retrieved from https://www.globenewswire.com/news-release/2021/03/01/2198302/0/en/Corsha-Secures-18-Million-in-Series-A-1-Funding-to-Secure-Machine-to-Machine-Communication-in-Robotics-and-Autonomous-Industrial-Systems.html

[5] Corsha. (2021, March 1). Corsha Secures $18 Million in Series A-1 Funding to Secure Machine-to-Machine Communication in Robotics and Autonomous Industrial Systems. Retrieved from https://www.marketwatch.com/press-release/corsha-secures-18-million-in-series-a-1-funding-to-secure-machine-to-machine-communication-in-robotics-and-autonomous-industrial-systems-2021-03-01

1. With the investment from Cybernetix Ventures, a leading venture capital firm in technology and physical AI, Corsha will utilize the funds to develop and scale its m-IdP platform further, aiming to meet the escalating demand for secure machine-to-machine (M2M) communication in various industries, including robotics and autonomous industrial systems.
2. The partnership between Corsha and Cybernetix Ventures signifies a significant step in the field of finance and investing, as it brings not only capital but also deep connections within the robotics and physical AI sector, enabling Corsha to foster growth and success in securing machine connections at the intersection of business, technology, and cybersecurity.

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