Centrify, a Santa Clara, CA-based provider of an Identity & Access Management platform, received a majority investment from Thoma Bravo.
The amount of the deal was not disclosed. Thoma Bravo acquired the interest from Centrify’s venture capital investors, led by Mayfield, Accel Partners, Jackson Square Ventures and Index Ventures.
The investment is intended to grow the company organically and inorganically.
Founded in 2004 and led by Tom Kemp, CEO, Centrify provides an Identity & Access Management platform that verifies every user, validates their devices, and limits access and privilege. The company also utilizes machine learning to discover risky user behavior and apply conditional access — without impacting user experience.
Centrify currently serves over 5,000 worldwide organizations, spanning the public and private sectors, including blue-chip Global 2000s, across diverse industries such as defense, banking, energy, retail, manufacturing and health care.