Tag: identity security
Opti raises $20M seed funding
November 24, 2025SSN Staff
NEW YORK — Opti, an AI-native identity security platform, has secured a $20M seed in a funding round led by YL Ventures, Mayfield Fund and Hetz Ventures, with participation from Squared Circle Ventures, LocalGlobe, Maple Capital and angel investor Shlomo Kramer.
The funding will reportedly be used to accelerate product expansion and global growth.
Opti introduces a new automated operating model for identity security, one where AI interprets identity risk, recommends least privilege...
Palo Alto Networks announces agreement to acquire CyberArk
July 31, 2025SSN Staff
SANTA CLARA, Calif. and NEWTON, Mass. — Palo Alto Networks and CyberArk, an identity security provider, announced that they have entered into a definitive agreement under which Palo Alto Networks will acquire CyberArk.
Under the terms of the agreement, CyberArk shareholders will receive $45.00 in cash and 2.2005 shares of Palo Alto Networks common stock for each CyberArk share. This represents an equity value of approximately $25 billion for CyberArk and a 26% premium to the unaffected 10-day...
Saviynt secures $205M in financing, welcomes back founder as CEO
January 31, 2023SSN Staff
LOS ANGELES –Saviynt has announced that it closed a $205 million round of growth financing from AB Private Credit Investors’ Tech Capital Solutions Group, and will use the funding to meet growing market demand for its intelligent identity and access governance solutions.
The news comes at the same time that Saviynt has welcomed back company founder Sachin Nayyar as their newly appointed corporate executive officer. Nayyar led Saviynt from its creation in 2011 till 2018 when he went...