Corsha Boosts Machine Authentication With $18M Funding Round

Deal News | Apr 08, 2025 | Razor's Edge Ventures LLC

Corsha Boosts Machine Authentication With $18M Funding Round

Corsha, a cybersecurity firm based in Vienna, Virginia, that specializes in machine-to-machine authentication, announced the successful closure of an $18 million Series A-1 funding round. The company, founded by Anusha Iyer in 2018, builds identity security technology for operational systems and critical infrastructure, aiming to bring the level of security used for human identity authentication to machines. With key customers like the US Air Force and technology partners like Dell, Corsha plans to use the funds to expand its technology into commercial uses, hire up to 15 new staff, and establish Corsha Labs for further research and development. SineWave Ventures led the funding round, with participation from Razor's Edge Ventures and Ten Eleven Ventures. This move builds on Corsha’s existing $12 million Series A, positioning it for Series B in the future.

Sectors

  • Cybersecurity
  • Technology

Geography

  • United States – Corsha is headquartered in Vienna, Virginia, with significant operations and partnerships in the United States, including with the Department of Defense and technology partner Dell.

Industry

  • Cybersecurity – The article centers around Corsha, a cybersecurity firm specializing in machine-to-machine authentication, a crucial component of the cybersecurity sector.
  • Technology – Corsha is advancing technology platforms for identity security, crucial within technological sectors focusing on infrastructure and operational systems.

Financials

  • $18 million – The amount raised by Corsha in the Series A-1 funding round.
  • $33 million – Total funding raised by Corsha to date, including the current $18 million round.

Participants

NameRoleTypeDescription
CorshaTarget CompanyCompanyA cybersecurity firm specializing in machine-to-machine authentication.
Razor's Edge VenturesInvestorCompanyA venture capital firm participating in the $18 million Series A-1 funding round for Corsha.
SineWave VenturesLead InvestorCompanyThe lead investor in Corsha's $18 million Series A-1 round, focusing on commercial companies benefitting the government sector.
Ten Eleven VenturesInvestorCompanyParticipated in Corsha's Series A-1 funding round with a focus on cybersecurity investments.
Anusha IyerFounder and CEOPersonFounder and CEO of Corsha, leading the company's strategic direction and operations.
US Air ForceCustomerGovernmentOne of Corsha's high-profile government customers utilizing its machine authentication technology.
DellDesign PartnerCompanyTech giant partnering with Corsha to integrate its technology into its labs.