CyberTech firm Cerby has emerged from stealth with $12m in seed funding as well as the launch of a security platform for unmanageable applications.
The round saw participation from Ridge Ventures, Okta Ventures, Salesforce Ventures, Bowery Capital and others. Following this raise, Cerby has raised a total of $15.5m.
The Cerby Zero Trust architecture takes on the challenge of unmanageable applications in the shadow IT universe – technologies that are selected and onboarded by business units outside the purview and visibility of the IT department.
Cerby claims its offering is very different from other options on the market due to the fact it moves security automation capabilities into the hands of business users.
Cerby CEO and co-founder Belsasar Lepe said, “Our goal at Cerby is simple but sweeping: To increase productivity for enterprises by empowering employees to use the technologies they prefer while automating compliance and security.
“In this era of IT consumerization, employee choice and enterprise security are not mutually exclusive—with the right tools and strategies, they go hand-in-hand. When business professionals get real autonomy, security becomes everyone’s responsibility, rather than just one of many priorities for the IT department. The Cerby platform for unmanageable applications enables organizations to boost efficiency, comply with existing policies and reduce exposure to cyberattacks—it’s truly a win-win-win.”
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Copyright © 2018 RegTech Analyst