Tuesday, January 31, 2023

Saviynt Scores $205M

Los Angeles-based identity and access management software developer Saviynt announced this morning that it has raised $205M in a funding round. The financing--which the company described as a "growth financing"--came from AB Private Credit Investors' Tech Capital Solutions Group, part of AllianceBernstein). As part of the funding, Saviynt also said that its founder, Sachin Nayyar, has been re-appointed as CEO of the company.