Cerby, a company specializing in identity security automation, has successfully raised $40 million in a Series B funding round. the investment, led by DTCP, will be used to further develop its platform, which focuses on securing “unmanageable” adn non-standard enterprise applications.

the company’s technology is designed to address the growing challenge of managing and securing the diverse range of applications used within modern enterprises. Manny of these applications fall outside the scope of traditional identity and access management (IAM) solutions, leaving them vulnerable to security threats.

Addressing Unmanageable Apps

Cerby’s platform aims to provide a complete solution for securing these “unmanageable” apps by automating identity security processes. This includes tasks such as access control, password management, and multi-factor authentication.

cerby focuses on helping secure “unmanageable” and nonstandard apps.

By automating these processes, Cerby hopes to reduce the risk of security breaches and improve overall security posture for organizations.

Future growth

With the new funding, Cerby plans to expand its team and further develop its technology. The company aims to become a leading provider of identity security automation solutions for enterprises of all sizes.