Saviynt Raises $205M; Founder Rejoins as CEO, Appoints Seasoned President to Accelerate its Leadership in Identity Management

Company’s Converged Identity Platform Has More Than Doubled in Revenue and Customers Since 2020 Launch LOS ANGELES--(BUSINESS WIRE)--Saviynt, a leading provider of intelligent identity and access governance solutions, today announced that it has closed $205 million in growth financing from AB Private Credit Investors’ Tech Capital Solutions group, an affiliate of global investment management firm AllianceBernstein. The company will use this funding to meet the market’s growing demand for its converged identity platform and accelerate innovation. The company also welcomes back its founder Sachin Nayyar as the newly appointed Chief Executive Officer. Nayyar first led Saviynt from inception in 2011 to leadership in the identity gover