Cerbos takes its open source access-control software to the cloud
Summary
Cerbos, a company building an open source user-permission software platform, has today announced a new managed cloud service and a fresh $7.5 million in seed funding. Founded out of London back in early 2021, Cerbos exists in a space broadly known as identity and access management (IAM), a $13.4 billion market that’s expected to nearly double within five years. Between them, Baran and Ellawala have worked on various data infrastructure projects at companies, including Google, Elastic and CGI, where they say they encountered the same issues with developers having to continuously write their own authorization code. “Cerbos Cloud is an attractive option for companies and teams that don’t want to invest time and effort into building CI/CD pipelines for policy distribution.” Cerbos had raised a $3.5 million seed round some 18 months ago, and with its $7.5 million extended seed round, it has attracted a slew of new institutional and angel investors, including Omers Ventures; Chime co-founder Ryan King; former Palo Alto Networks’ CMO Zeynep Inanoglu Ozdemir; early GitHub engineer Zach Holman; Warp founder Zach Lloyd; and Brevan Howard Digital CTO Lewis Tuff. In the intervening months since its previous raise, Baran said that Cerbos has released some 19 iterations of its core platform, culminating in today’s Cloud launch, a move representing the company’s first attempt at monetizing the open source project.