SailPoint Set to Acquire SecZetta
SailPoint announced that it has acquired identity solutions startup SecZetta for an undisclosed sum.
SecZetta founded in 2019, offers a third-party risk solution product designed to assist organizations in implementing a risk-based identity lifecycle process.
SecZetta allows organizations to collect third-party, non-employee data from internal and external sources to create an identity authority for third-party user data. With the collected data, it allows organizations to automate key identity processes and improve operational efficiency and accuracy in onboarding. The company says the service streamlines compliance audits, provides identity verification and delivers de-provision access in a timely manner.
SailPoint will use SecZetta’s technology to help companies gain better visibility into all types of identities. Coverage will include employee and non-employee identities from third-party contractors to temporary workers and non-human identities, from a single identity security platform.
Once SecZetta’s solutions are integrated into SailPoint’s Identity Security Cloud platform, SailPoint will deliver a unified platform to customers that will provide context-rich identity information with the right level of intelligence needed to answer the “who should have access to what,” “when” and “why.”
SailPoint itself was acquired last year by private equity firm Thoma Bravo in a $6.9 billion deal. The acquisition was completed in August.