London-based open-source software startup Cerbos has raised $3.5m (£2.63m) in a seed funding round less than one year after launch.
The funding round was led by Crane with support from Earlybird Digital East, Seedcamp, 8-Bit Capital, Connect Ventures, OSS Capital, Acequia Capital, HelloWorld, and Tiny.
Multiple angel investors also invested in the company including Guillaume Pousaz, Paul Forster, Mike Stoppelman, Jeff Trudeau, Chris Barchak, and Pete Koomen.
Founded in 2021 by former Google employee Emre Baran and serial entrepreneur Charith Ellawala, Cerbos aims to help tech scaleups and enterprises manage permissions in their software stacks more efficiently.
As companies use more software products they need to support multiple users in varying roles. Cerbos automates the task of granting user permissions.
Cerbos’ software is language-agnostic is aimed at software engineers, developers, compliance officers and chief information security officers.
“Cerbos helps rapidly growing companies, particularly scale-ups, go to market quickly by cutting time and saving money when building their software,” said Emre Baran, founder and CEO of Cerbos. “For too long, engineers have been reinventing the wheel. Every time a team invests in a new piece of software, engineers have to reinvent the user permissions from scratch.
“We’re enabling companies to be more compliant and making higher quality security available to every developer. We make it zero hassle to get up and running.”