Two Sigma Ventures led the round with significant participation from Outpost Ventures, an investment platform of Neuberger Berman. Participating investors include Ridge Ventures, Founders Fund, Bowery Capital, AV8, Salesforce Ventures, Tau Ventures, Okta Ventures, Incubate Fund, and Ben Johnson, co-founder of Obsidian Security and Carbon Black.

Cerby provides identity teams with the only comprehensive access management platform for nonstandard applications. Harnessing the power of identity providers, Cerby removes the need for manual tools and compensating controls (like enterprise password managers) by automating everyday human security tasks based on single sign-on and lifecycle management cues from upstream identity providers. This allows Cerby to protect any application independent of standards support. Cerby's patent-pending access orchestration engine is the first and only one to make passwordless authentication an immediate reality for nonstandard applications. Cerby saves time and money by automating manual tasks, like offboarding and 2FA enrollment, and providing IAM professionals with deep visibility and control of employee-onboarded applications. With Cerby, identity teams can extend access, minimize risk, and lower costs.