Cerby raises $40 million in a Series B funding round to expand its identity security automation platform.
The funding will be used to enhance the Cerby Application Network, invest in artificial intelligence capabilities, make the platform extensible, innovate its solution suite, and scale operations in North America and EMEA.
Cerby's platform automates the full identity lifecycle for various applications, including credentials, authentication, lifecycle management, and privileged access.
DTCP, leading the funding round, stated that Cerby offers proven solutions and a unique platform, aiming to transform the identity security industry.