Thycotic protects companies from cyber attacks with innovative technologies that secure privileged accounts across the modern enterprise.
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Thycotic is a provider of cloud-ready privilege management solutions. Thycotic's security tools empower over 10,000 organizations, from small businesses to the Fortune 100, to limit privileged account risk, implement least privilege policies, control applications, and demonstrate compliance. Thycotic makes enterprise-level privilege management
accessible for everyone by eliminating dependency on overly complex security tools and prioritizing productivity, flexibility, and control.
Lists Featuring This Company
Thycotic was acquired by TPG for $1.4B on Mar 2, 2021.- Transaction Name
- Acquired by
- Announced DateMar 2, 2021
- Price$1.4B
Frequently Asked Questions
As a seasoned cybersecurity expert with a comprehensive understanding of the industry, I am well-versed in the nuances of Thycotic and its role in protecting organizations from cyber threats. My expertise is grounded in a deep knowledge of cybersecurity technologies, privilege management solutions, and the broader landscape of securing privileged accounts in modern enterprises.
Let's delve into the key concepts presented in the provided information:
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Organization Summary:
- Name: Thycotic Software Ltd.
- Location: Washington, District of Columbia, United States.
- Size: 501-1000 employees.
- Funding Type: Venture - Series Unknown.
- Status: Private.
- Website:
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Financials:
- Total Funding Amount: $6.2M.
- Acquisition: Thycotic was acquired by TPG for $1.4B on March 2, 2021.
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People:
- Founders: Jonathan Cogley.
- Recent Appointments:
- APAC VP: Yusoff.
- A/NZ Channel Chief: Paul Barge.
- Investors: Insight Partners.
- Contacts: 38 contacts available, including an executive in Information Technology.
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Technology:
- Thycotic specializes in providing cloud-ready privilege management solutions.
- Their security tools are designed to empower over 10,000 organizations, ranging from small businesses to Fortune 100 companies.
- Focus areas include limiting privileged account risk, implementing least privilege policies, controlling applications, and demonstrating compliance.
- Thycotic aims to make enterprise-level privilege management accessible by eliminating dependency on overly complex security tools while prioritizing productivity, flexibility, and control.
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Signals & News:
- Recent news and activities include a name change by TPG for access management firm ThycoticCentrify to Delinea.
- Appointments of key personnel, such as Yusoff as APAC VP and Paul Barge as A/NZ Channel Chief.
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About:
- Thycotic, founded in 1996, operates in the cybersecurity and enterprise software space.
- Headquarters are in the Washington DC Metro Area.
- Thycotic closed its last funding round on Sep 6, 2016, with a Venture - Series Unknown round.
This detailed analysis reflects the company's trajectory, its pivotal acquisition by TPG, key personnel appointments, and its strategic focus on providing accessible and effective privilege management solutions in the ever-evolving landscape of cybersecurity.
FAQs
Backed by TPG Capital, Delinea was formed in April 2021 through the merger of established PAM leaders Thycotic and Centrify.
What is Thycotic software? ›
Thycotic enables you to discover, control, protect, and monitor privileged account access, and behavior, while minimizing privileged credential risk, limiting user privileges, and controlling applications on endpoints and servers.
What is the benefit of Thycotic Secret Server? ›
Thycotic secret server operates on the principle of secure privilege management. It provides a comprehensive platform for IT professionals to manage, rotate, and monitor privileged account credentials systematically.
Who owns ThycoticCentrify? ›
Privileged access management company ThycoticCentrify has dispensed with its awkward moniker, as owner TPG Capital today renamed it Delinea Inc. ThycoticCentrify dates back to the merger of Thycotic Software Ltd.
What is thycotic called now? ›
Thycotic is now Delinea
A privileged access management leader providing seamless security for modern, hybrid enterprises.
Did Delinea buy Thycotic? ›
Thycotic, Centrify Rebrand as Delinea Nearly a Year After Merger Thycotic, Centrify Rebrand as Delinea Nearly a Year After Merger. TPG Capital acquired Thycotic and Centrify in early 2021. ThycoticCentrify, which formed when TPG Capital acquired Thycotic and Centrify in 2021, has rebranded as Delinea.
What is the history of Thycotic company? ›
Thycotic was founded in 1996 in the UK by Jonathan Cogley as Thycotic Software LLC, and began as an independent consulting firm. In 2000, Cogley closed the UK corporation and re-incorporated in Delaware as Thycotic Software Ltd.
Is thycotic free? ›
Thycotic offers a suite of free IT security tools that help save time and money while protecting your privileged account passwords. They also provide free resources to help measure your IT security effectiveness.
How does delinea work? ›
Delinea automatically monitors and records all privileged activity, so we stay compliant. With Delinea, cybercriminals get blocked before any damage is done. Thousands of organizations worldwide, like ours, trust Delinea for a security solution that's easy to use and demonstrates results.
What does thycotic agent do? ›
Thycotic Agent: The core agent is responsible for all reporting and monitoring communication on the endpoint. It can be considered the managing agent, while the Application Control and Local Security Agents are the worker agents.
Installation: Delinea is a web-based platform but offers a password filler browser extension and a mobile application for multi-factor authentication (MFA) and mobile password management.
What are the user groups in Delinea? ›
Secret Server allows administrators to manage users through user groups. Users can belong to different groups and receive the sharing permissions, as well as roles, attributed to those groups. This setup simplifies the management of the permissions and roles that can be assigned to a user.
What is Thycotic renamed to? ›
Transitions, of course, are temporary in nature, and in January 2022, ThycoticCentrify relaunched as Delinea after an extensive rebranding exercise.
When did TPG acquire Thycotic? ›
― March 2, 2021 ― TPG Capital, the private equity platform of alternative asset firm TPG, announced today that it has signed a definitive agreement to combine Thycotic, a next-generation, cloud-first company with innovative identity security solutions, and Centrify, a trusted PAM market leader.
Are Thycotic and Centrify the same? ›
In April 2021, Thycotic and Centrify merged to create ThycoticCentrify and, in January 2022, rebranded as Delinea.
Who is the founder of Delinea? ›
Art Gilliland is CEO at Delinea and brings proven success in the global enterprise software industry, leading large organizations in product development, enterprise infrastructure, cybersecurity, go-to-market strategy, and SaaS operations.
Is Delinea a US company? ›
Delinea is headquartered in San Francisco, CA.
What is the new name for Delinea? ›
ThycoticCentrify is now Delinea, a Privileged Access Management Leader Providing Seamless Security for Modern, Hybrid Enterprises. Redwood City, CA — February 1, 2022 – Delinea today announced its debut as a leading provider of privileged access management (PAM) solutions for seamless security.
Is Delinea profitable? ›
Last February, about two years after the TPG-led merger, Delinea disclosed that its annualized recurring revenue had topped $250 million. The company's product portfolio consists mainly of PAM, or privileged access management, tools.