Aserto Raises $ 5.1 Million Seed to Launch Authorization Service
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Former Azure CEO and Senior Azure Active Directory Architect to Empower Developers to Build Enterprise-Ready SaaS Applications
SEATTLE – (BUSINESS WIRE) – Aserto today announced the launch of its licensing as a services company, allowing developers to easily build enterprise-ready SaaS applications and start-up funding of $ 5.1 million dollars 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.
Developer APIs are now common from SendGrid for email delivery and from Twilio for text messaging to Stripe for payments and Auth0 for authentication. Each has started the trend of using a Developer API for important features that are not their core competency. The authorization is as follows.
Aserto co-founders Omri Gazitt and Gert Drapers have more than six decades of experience at Microsoft, HP Cloud, Puppet and Hulu in building databases, directories, development tools, platforms. cloud forms, open source IaaS and PaaS projects and in the management of billion dollar companies.
“Authorization is an even bigger and unresolved issue than the multi-billion dollar authentication category,” said Casey Aylward, director at Costanoa Ventures. “There is an urgent need for a developer-centric approach like Aserto’s. And we haven’t seen a better team. to do it.”
Authorization as a service is an architectural challenge for distributed systems. It requires 100% uptime and a millisecond latency budget while providing centralized control through a managed service. Aserto leverages the unique expertise of its founders to create the definitive Developer API for authorization in SaaS applications. Its savvy framework provides 80% of the heavy lifting required to create enterprise and RBAC ready authorizations, reducing time to market and making selling to businesses easier.
“While millions of developers and businesses take a Jamstack approach, most modern web applications involve multiple APIs and services,” said Mathias Biilmann Christensen, co-founder and CEO of Netlify. “Aserto’s promise to separate policies from code could dramatically simplify implementation. authorization through the front-end user interface and the wider world of back-end functions and endpoints. ”
His business authorization will instantly provide:
Granular role and attribute-based access control covering key business requirements
Real-time zero trust authorization, eliminating the risk of unauthorized access from outdated permissions
A policy-as-code and GitOps-centric approach to creating, 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 out-of-the-box audit requirements
“A policy-centric authorization solution for developers is a glaring hole in the market, and there is no team on the planet better equipped to build it at the enterprise level,” said James Lindenbaum, co-founder of Heroku and Heavybit. “The heavy investment in Aserto was obvious.”
This round of funding will be used to accelerate product development and expand access to its private beta.
Aserto is a cloud-native authorization service providing enterprise-ready authorizations and RBAC for SaaS applications. The platform addresses complex business requirements while avoiding the pitfalls of outdated and insecure authorization. Aserto’s savvy executive handles the bulk of the work required for RBAC and ABAC, while its policy-as-code approach allows clients to independently customize their authorization policy. https://asserto.com