- 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
- 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 also focus on securing how end users share credentials and how credential sharing is often at odds with traditional enterprise systems
- Cerby is helping news organizations and political campaigns alike control how distributed teams access individual corporate and brand accounts