Identity security automation startup Cerby has raised $40 million. This was announced on Wednesday, May 28, 2025. It was a Series B funding round for the company. This new investment brings Cerby’s total funding to $72.5 million. DTCP Capital led this significant funding round. Existing investors also participated with expanded equity. These included Okta Ventures and Salesforce Ventures. Two Sigma Ventures, Ridge Ventures, and Bowery Capital joined. Cerby, founded in 2020, is based in Alameda, California. It is described as a fast-growing global platform. Its annual recurring revenue has grown tenfold recently.
Cerby markets an innovative identity security solution. It helps organizations manage and automate access. This is for disconnected applications within their IT. These are apps other security tools cannot normally reach. Cerby’s technology automates the entire identity lifecycle. This automation applies across EPM, IAM, IGA, and PAM systems. It effectively covers credentials and various authentication methods. Privileged access, provisioning, and enterprise social media are included. Cerby aims to provide firms with full security. It also offers complete control over these applications. It automates workflows for over 2,000 distinct applications. Many diverse industry sectors currently use Cerby’s platform globally.
The new funds will significantly fuel Cerby’s planned growth.
Cerby intends to invest heavily in agentic AI capabilities. It will also focus on making its platform more extensible. This strategy aims to meet growing customer demand. The Cerby Application Network will also be expanded. Go-to-market operations are set to scale further. This expansion applies to North America and EMEA regions. EMEA expansion will prioritize Germany, France, and the UK. Strategic Middle Eastern regions are also key targets. Regulatory pressure and complexity drive demand there.
Cerby will continue to innovate its entire solution suite.
Lance Matthews, a Partner at DTCP, expressed excitement. DTCP is thrilled to be partnering with Cerby. He believes the identity security industry needs transformation. Cerby is leading this important industry shift. It employs a true platform-based approach for solutions. Matthews is confident in Cerby’s bold, long-term vision. Cerby’s mission is to secure disconnected applications. It integrates with existing IAM, IGA, and PAM systems. It brings centralized access controls to these apps. It also automates many manual security tasks effectively. IT and security teams gain complete visibility. They can reduce operational risk and overhead. Global brands like L’Oréal and Fox trust Cerby.
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