Cerbos raises $3.5m seed funding led by Crane to expand its team and drive international growth.
Crane led the seed round with backing from Earlybird Digital East, Seedcamp, and multiple angel investors.
≈ £2.6M at $1 = £0.7522 on 30 Nov 2021
Cerbos provides open-source access control software and managed cloud services that help developers manage user permissions.
Cerbos has secured $3.5m in a seed round led by Crane. The financing includes participation from Earlybird Digital East, Seedcamp, 8-Bit Capital, Connect Ventures, OSS Capital, Acequia Capital, HelloWorld, Tiny, and several angel investors.
The capital will be directed towards team expansion and supporting international growth. Cerbos helps technology companies manage complex user permissions and access control compliance.
Investor perspective
"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."
Scott Sage
Co-founder and Partner, Crane
Use of funds
- 01Grow the team
- 02Expand into international markets
Investors
Scott Sage
Crane
Earlybird Digital East
Seedcamp
8-Bit Capital
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Connect
OSS Capital
Acequia Capital
HelloWorld
Tiny
Guillaume Pousaz
Paul Forster
Mike Stoppelman
Jeff Trudeau
Chris Barchak
Pete Koomen