Cerby, Inc. announced that it has received $12 million in funding from a group of investors
February 01, 2022
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Cerby, Inc. announced that it has raised $12 million led by new investor Ridge Ventures in round of funding on February 2, 2022. The round of funding was oversubscribed. The transaction included participation from new investors Founders Fund, Inc., Okta, Inc., Salesforce Ventures, LLC, A Capital Ventures, Gokul Rajaram, returning investors Bowery Capital, AV8 Ventures and founders of the company. Yousuf Khan of Ridge Ventures joins the company board of directors as a part of the transaction.
Okta, Inc. is an independent identity provider company. The Company's Okta Identity Platform is an independent and neutral cloud-based identity solution that allows its customers to integrate with nearly any application, service or cloud that they choose through its secure platform and cloud infrastructure. Its Workforce Identity Cloud is used as the central system for an organizationâs connectivity, access, authentication and identity lifecycle management needs spanning all of its users, technology and applications. Its Workforce Identity products include Universal Directory, Single Sign-On, Adaptive Multi-Factor Authentication, Lifecycle Management, API Access Management, Access Gateway, Advanced Server Access and Okta Identity Governance. The Companyâs Customer Identity products include Universal Login, Attack Protection, Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections.