Reflecting on our $40 Million Series A round, RSA and the SC Trust Award
The hallway conversations at RSA Conference this year were distinctly focused around the changing landscape of IT from centralized to hybrid IT. Adoption of sophisticated Cloud, Mobile and IOT technologies are introducing complexities many IT security pros couldn’t have predicted a few years ago.
At Saviynt, we believe identity is the key enabler for security in hybrid IT. However, we see organizations continue to struggle with their identity governance and administration implementation. Which is why Saviynt was thrilled to announce our $40 million Series A financing round with Carrick Capital Partners.
Our partnership with Carrick is meaningful because they have a deep understanding of our market and they are committing the financial and operating resources necessary for us to realize the full value of our vision for next-generation IGA.
In addition to our funding announcement, Saviynt was recognized as the top solution in the Trust Awards category at the 2018 SC Awards. Winners of the Trust Award were chosen by a distinguished group of leading IT security professionals from SC Media’s readership and selected by SC Media’s editorial team. The Trust Award category is particularly rewarding because it represents the voice of the people who are really using our products and services.
These proof points validate our mission to bring together identity and security management into a single platform that is risk based, intelligent and driven by data analytics in order to manage business processes more effectively and efficiently. I believe Saviynt is uniquely positioned to successfully deliver on this vision.