UK-based Cerbos, a software startup managing user permission more effectively in tech startups and other companies, raised USD 3.5 million on 30th November.
Investors: The investment was led round by Crane, Seedcamp, 8-Bit Capital, Connect Ventures, OSS Capital, Acequia Capital, HelloWorld and Tiny. Additionally, several angel investors include Guillaume Pousaz, Paul Forster, Mike Stoppelman, Jeff Trudeau, Chris Barchak, and Pete Koomen.
Purpose of funding: Using the funds, the startup plans to target high-profile clients and expand its technical team and operations. Additionally, the startup will use the funds to accelerate product development, expand across Europe, and enter new markets.
Founded in 2021 by Emre Baran and Charith Ellawala, Cerbos is located in London, UK. Cerbos is a software startup that helps companies manage user permission more effectively. It facilitates the management of user permissions, a task primarily performed by developers and software engineers for security reasons. The startup targets companies with a growing software stack and users having exponentially more permissions to manage. These companies typically develop enterprise software with the capability of supporting multiple users in various roles. To manage workflows, they will need to implement an infrastructure that determines who can do what. Software needs to know what a specific user can and cannot do, which the startup offers.
What the founder has to say
“Cerbos helps rapidly growing companies, particularly scale-ups, go to market quickly by cutting time and saving money when building their software. For too long, engineers have been reinventing the wheel. Every time a team invests in a new piece of software, engineers have to reinvent the user permissions from scratch.”
“This is particularly true in large enterprises, where different departments or teams need to use the same software platform for distinctly different functions. It is a time-consuming and cost-inefficient way of working. We’re enabling companies to be more compliant and making higher quality security available to every developer. We make it zero hassle to get up and running,” said Emre Baran, founder and CEO at Cerbos.
What the investor has to say
“It is well understood that user permission requirements get more complex as enterprise clients get bigger, and serve users in different roles, with a complex number of permission exceptions. To save companies from building this from scratch, Cerbos’ open-source approach radically simplifies user and role permissions by abstracting away the complexity. At Crane, we’ve been blown away by how much value their early users are already getting from the system,” said Scott Sage, Co-founder and Partner at Crane Venture Partners.
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