Saviynt Raises $700M for AI Identity Security

Saviynt, a leading identity security firm, raises $700M in funding led by KKR, with participation from Sixth Street Growth and TenEleven. The investment underscores the growing demand for identity security tools amidst stricter data privacy laws, rising cyberattacks, and emerging AI threats. Saviynt plans to use the funds for product development, AI-based migration tools, and improved integrations with cloud providers and software partners.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.