{"id":29636,"date":"2023-01-12T15:06:23","date_gmt":"2023-01-12T15:06:23","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/12\/sailpoint-acquires-identity-solutions-startup-seczetta\/"},"modified":"2023-01-12T15:06:23","modified_gmt":"2023-01-12T15:06:23","slug":"sailpoint-acquires-identity-solutions-startup-seczetta","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/12\/sailpoint-acquires-identity-solutions-startup-seczetta\/","title":{"rendered":"SailPoint acquires identity solutions startup SecZetta"},"content":{"rendered":"

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SailPoint Technologies Inc<\/a>. today announced it has acquired identity solutions startup SecZetta Inc.<\/a> for an undisclosed sum.<\/p>\n

Founded in 2019, SecZetta offers a third-party risk solution product designed to assist organizations in implementing a risk-based identity lifecycle process. The company\u2019s solution allows organizations to collect third-party, non-employee data from internal and external sources to create an identity authority for third-party user data.<\/p>\n

Using the data gathered, SecZetta\u2019s platform allows organizations to automate key identity processes and improve operational efficiency and accuracy in onboarding. The company says the service streamlines compliance audits, provides identity verification and delivers de-provision access in a timely manner.<\/p>\n

Notable SecZetta clients include Airbus SE, the Mayo Clinic, Oregon Health & Science University and Williams-Sonoma Inc.<\/p>\n

SailPoint will use SecZetta\u2019s technology to help companies gain better visibility into all types of identities. Coverage will include employee and non-employee identities \u2013 from third-party contractors to temporary workers and non-human identities, from a single identity security platform.<\/p>\n

Once SecZetta\u2019s solutions are integrated into SailPoint\u2019s Identity Security Cloud platform, SailPoint says it will deliver a unified platform to customers. The combined platform, the company added, will provide context-rich identity information with the right level of intelligence needed to answer the \u201cwho should have access to what,\u201d \u201cwhen\u201d and \u201cwhy.\u201d<\/p>\n

With SecZetta, SailPoint said, it would also be able to further help companies with identity consolidation efforts, merging and organizing workforce data across authoritative sources to create a centralized repository of identities.<\/p>\n

\u201cAcquiring SecZetta allows us to quickly address an emerging threat to our customers\u2019 business \u2013 and that is this gap in visibility over non-employee identities,\u201d Mark McClain, founder and chief executive officer of SailPoint, said in a statement. \u201cHere at SailPoint, we want to be known as the kind of company our customers can always rely on to anticipate and solve their needs as they continue to evolve.\u201d<\/p>\n

Coming into its acquisition, SecZetta had raised $30.5 million in venture capital funding, according to<\/a> Crunchbase. Investors included Rally Ventures, MassMutual Ventures, SYN Ventures and ClearSky.<\/p>\n

SailPoint itself was acquired last year<\/a> by private equity firm Thoma Bravo LLC in a $6.9 billion deal. The acquisition was completed in August<\/a>.<\/p>\n

Photo: SecZetta\/Facebook<\/a><\/h5>\n
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