Saviynt Announces $40 Million in Series A Funding

Identity Governance and Administration (IGA) solutions provider Saviynt announced that Carrick Capital Partners has committed $40 million to its Series A financing round.

According to the company, it delivers next-generation IGA solutions through its integrated, cloud-based platform for organizations to secure their most critical assets, manage data privacy and risk, meet continuous compliance needs, and securely adopt new technologies with confidence.

Carrick’s financing will be used by Saviynt to expand U.S. and international field operations, build out its ecosystem of technology and system integration partners, accelerate delivery product roadmap of advancements, and deepen the company’s customer service and support functions.