Aserto Raises $5.1M in Seed Funding

aserto

Aserto, a Seattle WA-based authorization as a service company, raised $5.1M in seed funding.

The round was led by Costanoa Ventures with participation from Heavybit Industries as well as angel investors Bob Muglia, former CEO of Snowflake; Mathias Biilmann Christensen, co-founder/CEO of Netlify; and Tom Preston-Werner, co-founder of GitHub.

The company intends to use the funds to accelerate product development and broaden access to its private beta.

Co-founded by Omri Gazitt and Gert Drapers, Aserto is a cloud-native authorization service providing enterprise-ready permissions and RBAC for SaaS applications.

About Aserto

Aserto is a cloud-native authorization service providing enterprise-ready permissions and RBAC for SaaS applications. Its enterprise authorization will instantly provide:

  • Fine-grained role- and attribute- based access control covering key enterprise requirements
  • Zero-trust, real-time authorization, eliminating risk of unauthorized access from stale permissions
  • A policy-as-code, GitOps-centric approach to authoring, editing, storing, versioning, building, deploying, and managing authorization rules
  • Centralized management of authorization logs, simplifying SOC2 and ISO 27001 compliance
  • Policy changes can be traced back to a git commit, meeting auditing requirements out of the box

FinSMEs

10/06/2021