Tesseral, an open-source authentication infrastructure for business-to-business (B2B) software companies, announced its emergence from stealth with $3.3 million in seed financing. Investors include Y Combinator, Jessica Livingston, and Paul Graham, co-founders of Y Combinator; Calvin French-Owen, co-founder and former CTO of Segment; Steve Bartel and Nick Bushak, co-founders of Gem; and Mike Wiacek, founder of Stairwell.
Value proposition: Authentication establishes the foundation of any software’s security posture. However, B2B companies can find it challenging to implement and maintain due to complex permissioning models and enterprise security standards like SAML and SCIM. And Tesseral eliminates these complexities, empowering developers to implement a secure, scalable authentication service in just a few lines of code.
What the funding will be used for: Tesseral will utilize the new funding to accelerate the development of its comprehensive authentication platform. Tesseral’s leadership team, co-founders Ned O’Leary and Ulysse Carion, previously built an open-source enterprise single sign-on (SSO) tool, SSOReady. This tool gained traction for simplifying SAML-based authentication for developers and is used by customers including Gumloop, GovAI, and RunReveal.
KEY QUOTES:
“Auth remains a sensitive, challenging, and yet ubiquitous challenge for developers. For all the changes that will visit the SaaS industry over the next decade, authentication isn’t going anywhere, and fast-moving teams can’t afford to burn time and energy building in-house solutions. Tesseral empowers startups with secure, production-grade infrastructure that’s fast to implement, easy to maintain, and secure. We’re incredibly excited to open this new chapter for our company and to support the next generation of software innovation.”
Ned O’Leary, co-founder and CEO of Tesseral
“Tesseral solves a real problem for developers. Everyone needs auth, but it’s still surprisingly painful. Ned and Ulysse have built something elegant that developers actually want to use—and that’s rare.”
Dalton Caldwell, Managing Partner at Y Combinator
