Saviynt Raises $130M in Funding


Saviynt, a Los Angeles CA-based provider of intelligent identity and access governance solutions, raised $130M in funding.

The round, which brought total capital raised to date to $170m, was led by HPS Investment Partners and PNC Bank.

The company intends to use the funds to expand its business reach and grow its investments in R&D and personnel.

Led by Amit Saha, CEO, Saviynt provides an intelligent identity and access governance solutions for modern enterprises to scale cloud initiatives and solve security and compliance challenges. The company brings together identity governance (IGA), granular application access, cloud security, and privileged access to secure the entire business ecosystem. The world’s largest brands use it to accelerate digital transformation, empower distributed workforces, and meet continuous compliance, including BP, Western Digital, Mass Mutual, and Koch Industries.