What is Aserto?
Aserto is a cloud-native authorization service designed to provide enterprise-ready permissions and Role-Based Access Control (RBAC) for Software as a Service (SaaS) applications. The platform is engineered to meet complex enterprise requirements while mitigating the security risks associated with outdated authorization methods. Its focus on robust security and scalability positions it as a key player in the identity and access management sector.
How much funding has Aserto raised?
Aserto has raised a total of $5.1M across 1 funding round:
Angel/Seed
$5.1M
Angel/Seed (2021): $5.1M with participation from Heavybit, Bob Muglia, Tom Preston-Werner, Mathias Biilmann Christensen, and Costanoa Ventures
Key Investors in Aserto
Heavybit
Heavybit is a leading early-stage investor in enterprise infrastructure, known for its hands-on approach in helping technical startups scale from inception. They focus on companies in areas like DevSecOps and AI code generation, providing strategic support from day zero.
Costanoa Ventures
Costanoa Ventures is a venture capital firm that partners with founders tackling significant challenges in building companies, offering long-term support and operational expertise, particularly in enterprise software.
Bob Muglia
Undisclosed investor participating in the funding round.
What's next for Aserto?
The recent major strategic investment signals a pivotal growth phase for Aserto, likely enabling the company to accelerate product development, expand its market reach, and enhance its enterprise-grade authorization capabilities. This capital infusion is expected to fuel further innovation in securing SaaS applications and meeting the evolving demands of enterprise clients for granular control and compliance.
See full Aserto company page
