Cerby, a San Francisco, CA-based stealth cybersecurity company focused on enabling enterprises harness Shadow IT, raised $3.5M in seed funding.
The round was led by Bowery Capital with participation from AV8 Ventures, Global Founders Capital, and the Incubate Fund US.
The company will leverage the funding to accelerate both product development and hiring.
Co-founded by Belsasar (Bel) Lepe and Vidal Gonzalez, Cerby enables enterprises to embrace the trend of end users increasingly selecting their own work applications without IT and security oversight.
Its initial launch will focus on securing how end users share credentials and how credential sharing is often at odds with traditional enterprise systems and security best practices. Cerby is helping news organizations and political campaigns alike control how distributed teams access individual corporate and brand accounts.
The 15-person team is fully remote with its team members located across the US and Mexico. Cerby is currently in closed beta with select Fortune 1000 customers.