Cisco is in talks to acquire AI agent security startup Astrix Security for between $250M and $350M

Cisco is in talks to acquire Astrix Security, a Tel Aviv-based startup that sells software to monitor and secure AI agents, for between $250M and $350M, representing at least a 25% premium to Astrix's last valuation of around $200M. The deal follows Cisco's acquisition earlier this week of Galileo Technologies, which monitors and evaluates AI models and agents, as the networking giant accelerates its push into AI cybersecurity amid growing enterprise concerns about rogue agents. If completed, the deal would be one of the first exits from the Anthology Fund, a $100M joint vehicle backed by Anthropic and Menlo Ventures formed in July 2024 to back AI startups.