Friday, April 20, 2018

Saviynt Secures $40M

Los Angeles-based Saviynt, a developer of identity management software, announced this week that it has raised $40M in a Series A funding round. The funding came from Carrick Capital Partners. Saviynt is led by CEO Amit Saha. According to the company, it will use the new funding round to expand its U.S. and international field operations, to build out its ecosystem of technology and system integration partners, for its product roadmap, and customer service. Savyint's product work with such third party systems as SAP, Oracle, Salesforce, EPIC, and Workday, and are used to manage access to those systems as companies go through re-roganizations, mergers and acquisitions, process changes, and more.