Saviynt raises $130M to accelerate its growth in enterprise identity security market

This article has been indexed from Help Net Security

Saviynt closed $130 million in financing from HPS Investment Partners and PNC Bank after driving record company growth in the first half of 2021. The latest funding brings Saviynt’s total capital raised to $170M. The company will use the additional resources to meet the increasing demand for its cloud-based identity solution by significantly growing its investments in R&D and personnel. The announcement follows the company’s exceptional growth in 2020, which was driven by the market’s … More

The post Saviynt raises $130M to accelerate its growth in enterprise identity security market appeared first on Help Net Security.

Read the original article: Saviynt raises $130M to accelerate its growth in enterprise identity security market