ALAMEDA, CA — May 29, 2025 — Identity security automation startup Cerby has raised $40 million in a Series B funding round, bringing its total funding to $72.5 million since its founding in 2020. The latest investment was led by DTCP Capital, with participation from existing investors including Okta Ventures, Salesforce Ventures, and Two Sigma Ventures, all of whom expanded their equity stakes.
Cerby provides an identity security automation platform designed to manage and streamline access to disconnected applications—those not natively integrated with traditional identity and security tools. The platform automates identity workflows across over 2,000 applications, covering a broad range of identity functions such as credential management, authentication, privileged access, provisioning, and enterprise social media.
The company’s technology integrates across EPM (Enterprise Password Management), IAM (Identity and Access Management), IGA (Identity Governance and Administration), and PAM (Privileged Access Management) systems, giving organizations comprehensive control over digital identities in even the most complex IT environments.
Cerby’s customer base spans multiple sectors, including healthcare, manufacturing, online collaboration, retail, SaaS, streaming, telecommunications, and workplace training.
With the new funding, Cerby plans to enhance its platform with agentic AI capabilities and make the system more extensible to support growing enterprise demand. The company also aims to scale go-to-market operations across North America and the EMEA region. Expansion efforts will prioritize key markets in Germany, France, the UK, and strategic Middle Eastern regions.
“We’re seeing increasing demand from enterprises needing to secure the parts of their application ecosystem that have historically been overlooked,” said Cerby leadership in a statement. “This investment positions us to meet that need at scale, while continuing to innovate with AI-driven identity automation.”
