What does Cerby do?
Cerby provides an identity security automation platform that manages the entire identity lifecycle for disconnected applications. The platform automates processes across credentials, authentication, lifecycle management, and privileged access while integrating with enterprise password management, identity and access management, identity governance and administration, and privileged access management systems.
How much did they raise?
The company raised $40M in a Series B funding round led by DTCP with participation from Okta Ventures, Salesforce Ventures, and Two Sigma Ventures.
What are their plans for the money?
Cerby intends to use the funds to further innovate its solution suite and scale its operations in key global markets including North America, EMEA, and strategic regions in Germany, France, the UK, and the Middle East, aiming to address regulatory pressures and increasing enterprise complexities.
What have they achieved so far?
Cerby has already made significant strides in automating the identity lifecycle, establishing itself as a key player in the realm of identity security automation.
