SailPoint acquires identification options startup SecZetta | Technoscoob
SailPoint Applied sciences Inc. right now introduced it has acquired identification options startup SecZetta Inc. for an undisclosed sum.
Based in 2019, SecZetta provides a third-party threat resolution product designed to help organizations in implementing a risk-based identification lifecycle course of. The corporate’s resolution permits organizations to gather third-party, non-employee information from inner and exterior sources to create an identification authority for third-party consumer information.
Utilizing the info gathered, SecZetta’s platform permits organizations to automate key identification processes and enhance operational effectivity and accuracy in onboarding. The corporate says the service streamlines compliance audits, offers identification verification and delivers de-provision entry in a well timed method.
Notable SecZetta purchasers embrace Airbus SE, the Mayo Clinic, Oregon Well being & Science College and Williams-Sonoma Inc.
SailPoint will use SecZetta’s expertise to assist corporations achieve higher visibility into all sorts of identities. Protection will embrace worker and non-employee identities – from third-party contractors to non permanent employees and non-human identities, from a single identification safety platform.
As soon as SecZetta’s options are built-in into SailPoint’s Identification Safety Cloud platform, SailPoint says it can ship a unified platform to prospects. The mixed platform, the corporate added, will present context-rich identification info with the proper stage of intelligence wanted to reply the “who ought to have entry to what,” “when” and “why.”
With SecZetta, SailPoint stated, it might additionally be capable to additional assist corporations with identification consolidation efforts, merging and organizing workforce information throughout authoritative sources to create a centralized repository of identities.
“Buying SecZetta permits us to shortly deal with an rising menace to our prospects’ enterprise – and that’s this hole in visibility over non-employee identities,” Mark McClain, founder and chief govt officer of SailPoint, stated in a press release. “Right here at SailPoint, we need to be often known as the type of firm our prospects can all the time depend on to anticipate and clear up their wants as they proceed to evolve.”
Coming into its acquisition, SecZetta had raised $30.5 million in enterprise capital funding, based on Crunchbase. Buyers included Rally Ventures, MassMutual Ventures, SYN Ventures and ClearSky.
SailPoint itself was acquired final 12 months by non-public fairness agency Thoma Bravo LLC in a $6.9 billion deal. The acquisition was accomplished in August.