Idaptive

Idaptive, a security company, was established in 2019 as a spinoff from Centrify, with its headquarters in Santa Clara, California. The company was brought to life through a spin-out orchestrated by the private equity firm Thoma Bravo.

The firm operated with a focus on what it termed 'Next-Gen Access,' a platform designed to manage and secure user identities. This integrated solution combined several key security functions: Single Sign-On (SSO) to simplify user access to multiple applications, adaptive Multi-Factor Authentication (MFA) to enhance login security, and Enterprise Mobility Management (EMM) for securing mobile devices. A core component of their offering was User Behavior Analytics (UBA), which analyzed user activities to detect and respond to potential security threats in real-time.

Idaptive's business model centered on providing these identity and access management solutions to organizations, aiming to secure access for employees, contractors, and customers across various devices and applications. The company's primary target market consisted of enterprises seeking to bolster their security posture while reducing the complexity of their IT infrastructure. The platform was designed to secure access from any location, enabling businesses to confidently pursue new operational models.

In a significant market development, Idaptive was acquired by CyberArk in May 2020 for a sum of $70 million. This acquisition integrated Idaptive's identity platform into CyberArk's broader portfolio, which is centered on privileged access management. The combination aimed to create a comprehensive identity security platform that protects access for all types of users, from general workforce to privileged administrators, with a security-first methodology.

Keywords: Identity and Access Management, Next-Gen Access, Single Sign-On, Multi-Factor Authentication, Enterprise Mobility Management, User Behavior Analytics, cybersecurity, Centrify spinoff, CyberArk acquisition, identity security