Cerby, which manages access to “nonstandard” enterprise apps, like those without modern identity protocols, raised a $17M Series A led by Two Sigma Ventures sigma鏡頭收購

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and prevent potential breaches — two key desires of most enterprises. “Cerby ensures that every application, regardless of location or support for standards, is integrated into a unified identity mesh, providing consistent security standards across the enterprise,” he added.
To use Cerby, companies first connect the platform to a corporate identity provider, like Okta or Ping. Then they register their apps in Cerby, accessing them by logging into the corporate identity provider.
Image Credits: Cerby
“While our initial focus was on managing access to applications for marketing teams, we’ve since expanded our reach,” Lepe said. “We now cater to most departments like sales, product, manufacturing and finance, covering applications ranging from on-premises and OT to legacy and cloud.”
Cerby competes with companies such as Nudge Security and Strata Identity, the former of which emerged from stealth with $7 million in funding just about a year ago.

To stay one step ahead, Cerby plans to adopt AI — specifically large language models similar to the kind powering OpenAI’s ChatGPT — to bolster its threat detection capabilities. Lepe describes AI that might be able to help guide users to the best way to securely configure an app when they’re signing up, perhaps via an interactive, in-context wizard.
“This isn’t only about scaling our integrations; it’s also about making our system more intelligent,” he said. “We’ll be able to pinpoint abnormal behaviors quicker and more accurately by analyzing vast amounts of unstructured data. This ensures even nonstandard applications benefit from state-of-the-art security insights.”
Lepe claims that San Francisco–based Cerby, which has around 60 employees, has 26 active customers, including Colgate-Palmolive and a “major” healthcare provider. Cerby aims to acquire federal customers in late 2024; the new funding tranche, which brings Cerby’s total raised to $32.5 million, will be put toward scaling the firm’s go-to-market, sales and marketing efforts.
“We planned to raise our Series A at the end of the summer of 2023, but then we received a preemptive term sheet. That moved our fundraising process forward by approximately three months,” Lepe said. “Despite the broader tech slowdown, Cerby has been amazingly resilient. Our solution is essential for businesses merging legacy and modern applications in an evolving work landscape, ensuring we remain vital regardless of market fluctuations.”

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