Cerby Raises $40 Million in Series B

by Kay Aloha Villamor in May 29th, 2025

Cerby, a San Francisco, CA-based identity security automation company, has raised $40 million in Series B funding. 

Investors

The round was led by DTCP, with participation from Okta Ventures, Salesforce Ventures, Two Sigma Ventures, Ridge Ventures, and Bowery Capital. 

DTCP is an investment management firm with $3 billion in assets under management that invests in companies focused on cloud-based enterprise software. Established in 2015, the firm specializes in growth equity and digital infrastructure investments. DTCP has offices in San Francisco, Hamburg, Frankfurt, Berlin, London, Luxembourg, and Tel Aviv. 

Cerby Use of Funds 

The company will use the funding to grow its Cerby Application Network, enhance AI capabilities, expand platform extensibility, and scale operations in North America, EMEA, and other strategic global markets. 

About Cerby 

Cerby is an identity automation platform purpose-built to secure disconnected applications—those that fall outside the reach of traditional identity security tools. By integrating with existing IAM, IGA, and PAM systems, Cerby centralizes access controls, automates manual security tasks, and extends governance across the entire application ecosystem. Headquartered in San Francisco, CA, Cerby serves major global brands such as L’Oréal, Fox, Allstate, Chime, and Dentsu. 

Funding Details 

Company: Cerby 

Raised: $40.0M 

Round: Series B 

Funding Date: May 2025 

Lead Investor: DTCP 

Additional Investors: Okta Ventures, Salesforce Ventures, Two Sigma Ventures, Ridge Ventures, Bowery Capital 

Company Website: https://www.cerby.com/  

Software Category: Identity Security Automation 

Source: https://www.cerby.com/about-us/newsroom/cerby-raises-40m-series-b-to-automate-identity-security-at-scale

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