Delinea

What Delinea does

Delinea is a privately held identity security company formed in 2021 through the merger of Thycotic and Centrify, two established privileged access management (PAM) vendors. The company provides a unified cloud-native platform that delivers continuous authorization across human, machine, and AI identities, serving more than 15,000 enterprise customers globally across financial services, healthcare, government, technology, energy, and media. Headquartered in San Francisco with an R&D center in Tel Aviv established through the Authomize acquisition, Delinea addresses credential-based attack vectors, expanding AI agent attack surfaces, and compliance requirements spanning SOX, HIPAA, PCI-DSS, GDPR, and FedRAMP Moderate. The company is backed by private equity firm TPG and reports approximately $400 million in annual recurring revenue as of early 2026.

The Delinea Platform is powered by the proprietary Iris AI engine, which performs real-time session analysis, anomaly detection, AI agent discovery, and predictive risk scoring. Core product modules include Secret Server (enterprise credential vaulting and session management), Fastpath Access Governance (identity governance and administration), Privilege Manager (endpoint privilege management), DevOps Secrets Vault, Privileged Remote Access, Server PAM, Connection Manager, and Identity Threat Protection. The StrongDM acquisition (completed March 2026) added just-in-time runtime authorization for DevOps and AI-driven environments, while newer integrations with Cyera (DSPM) and Yubico (hardware-rooted AI agent accountability) extend the platform into data-aware and AI agent governance. The architecture supports hybrid and multi-cloud deployments and integrates with Commvault, IBM Verify, Microsoft Security Store, and other major enterprise platforms.

Delinea operates a primarily enterprise-focused go-to-market combining direct field sales with channel partners (Climb Channel Solutions covering North America, UK, Ireland, and DACH; NCC Group for managed services) and OEM relationships (IBM Verify Privileged Identity Platform). Revenue derives from SaaS subscriptions, term-based software licenses, professional services, support contracts, and usage-based fees, with quote-based pricing and multi-year contract structures. The customer base includes large enterprises such as Cisco, Honda, BP, HubSpot, ESPN, and Boston University. The company has pursued an aggressive acquisition strategy, completing three deals (Authomize, Fastpath, StrongDM) between January 2024 and March 2026, and has invested in regional leadership appointments across EMEA and APAC to drive international expansion.

Name

Delinea

Legal name

Delinea Inc.

Website

https://delinea.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Delinea provides a cloud-native identity security and privileged access management platform that continuously authorizes human, machine, and AI identities. It serves 15,000+ enterprise customers across financial services, healthcare, government, and technology with AI-powered threat detection, reaching ~$400M ARR.

Ownership category

akta.pro rank

Product category

Privileged Access Management

NAICS

Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Secrets Management & Machine Identity (API keys, certificates, workload identity) (HDAEAJAJ)

akta.pro secondary industry

User Lifecycle Provisioning & SCIM Automation (HDAEAJAK)

Keywords

• Privileged access management
• Identity security
• Credential vaulting
• Zero standing privilege
• AI identity governance

Headquarters

HQ city

Redwood City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscriptions: Annual recurring subscriptions for cloud-hosted Delinea Platform, Secret Server, and other cloud services. Billed annually with automatic renewal. Subscription terms of 1, 2, or 3 years available.
2. Licensed Software: On-premise software licenses for solutions like Privilege Manager and Server PAM. Licenses are sold for 1, 2, or 3-year terms with annual support services required.
3. Professional Services: Implementation, configuration, and training services scoped through statements of work. Includes standard packages and custom engagements.
4. Support Services: Technical support packages including product updates, maintenance, and support tiers (standard and premium). Sold as annual renewals.
5. Usage-Based Fees: Fees based on actual usage for certain solutions including number of users, agents, API calls, hosts, or secrets. Invoiced based on usage tracking functionality.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels7 records

Core offering

Delinea provides a cloud-native identity security platform that delivers continuous, real-time authorization for human, machine, and AI identities across hybrid and multi-cloud environments. The platform centers on the Delinea Platform powered by the Iris AI engine, and includes Secret Server for credential vaulting and session management, Fastpath Access Governance for identity governance, Privilege Manager for endpoint privilege management, DevOps Secrets Vault, Privileged Remote Access, Server PAM, Connection Manager, and Identity Threat Protection. Customers buy it primarily through annual and multi-year SaaS subscriptions and term-based on-premise licenses, with usage-based pricing on certain solutions.

Product overview

Delinea offers a unified identity security platform providing continuous authorization across human, machine, and AI identities. The platform consists of the Delinea Platform as the core control plane, powered by the Delinea Iris AI engine. Key products include Secret Server (enterprise PAM), Fastpath Access Governance (IGA), Privilege Manager (endpoint privilege management), Account Lifecycle Manager (identity governance), Credential Manager, DevOps Secrets Vault, Privileged Remote Access, Server PAM, Connection Manager, Identity Threat Protection, and Privilege Control for Cloud Entitlements (CIEM). Products are available as individual modules or bundled into Cloud Suite and Server Suite packages. The platform emphasizes just-in-time access, zero standing privilege, and AI-powered threat detection for hybrid and multi-cloud environments.

Differentiator

Problem solved

Functional benefit

Brands

• Secret Server: Privileged Access Management solution for credential vaulting, session management, and privileged password management.
• Delinea Iris AI
• DevOps Secrets Vault
• Fastpath Access Governance
• Privilege Manager
• Privileged Remote Access

Products and services

• Delinea Platform Unified identity security platform that continuously authorizes every identity, session, and action across human, machine, and AI identities, built for the agentic AI era with real-time access decisions, policy-based authorization, and AI-powered threat detection through Delinea Iris AI.
• Delinea Iris AI Native AI engine embedded in the Delinea Platform offering real-time visibility, anomaly detection, AI agent discovery, intelligent risk scoring, and automation for identity security across hybrid environments.
• Secret Server Enterprise-grade privileged access management solution providing credential vaulting, session management, and just-in-time access controls, managing and rotating credentials used across cloud backup, DevOps, and enterprise environments.
• Fastpath Access Governance Identity governance and administration (IGA) solution providing access governance, access provisioning, access review, change tracking, segregation of duties, and compliance management across business systems.
• Privilege Manager Endpoint privilege management solution that enforces least privilege on Windows, Mac, and Unix systems, controlling application execution and preventing privilege escalation while enabling users to complete necessary tasks.
• Account Lifecycle Manager Identity governance solution automating user account provisioning and de-provisioning across enterprise applications, managing the complete identity lifecycle from onboarding to role changes and offboarding.
• Credential Manager Centralized credential management solution for storing, rotating, and governing credentials across privileged accounts, service accounts, and machine identities.
• DevOps Secrets Vault Secrets management solution for DevOps and engineering teams providing secure storage and access control for API keys, database credentials, encryption keys, and other sensitive configuration data in CI/CD pipelines.
• Privileged Remote Access Secure remote access solution enabling privileged users to connect to critical systems without requiring VPNs, providing session recording, audit trails, and just-in-time access for remote support and maintenance.
• Server PAM Privileged access management for server environments providing centralized identity management, least privilege enforcement, MFA, and session recording for Windows, Linux, and Unix servers.
• Connection Manager Database and infrastructure access management solution enabling secure, audited connections to servers, databases, and cloud consoles, supporting just-in-time access and session recording.
• Identity Threat Protection Identity threat detection and response solution that identifies compromised credentials, insider threats, and malicious identity activity in real-time across SaaS, cloud, and traditional systems.
• Privilege Control for Cloud Entitlements Cloud Infrastructure Entitlement Management (CIEM) solution providing continuous identity discovery and privilege control across multi-cloud environments including AWS, Azure, and GCP.
• Privilege Control for Servers Server privilege management solution enforcing least privilege on server infrastructure, providing session management, query recording, and quick query capabilities for audit and compliance.
• Cloud Suite Integrated suite of cloud-focused PAM products bundling secrets management, cloud entitlement control, and cloud-native privileged access capabilities for hybrid and multi-cloud environments.
• Server Suite Integrated suite of server-focused PAM products providing privilege control, session management, and compliance auditing for enterprise server infrastructure.
• StrongDM Runtime Authorization Universal access management product combining Delinea's enterprise PAM with StrongDM's just-in-time runtime authorization, enabling organizations to replace standing and hard-coded privileges with policies evaluated at the moment of action for AI agents, developer workflows, and enterprise environments.

Quantifiable outcome

• 99.995% uptime SLA - highest in the industry
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability6 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered core and flagship.

• CyeracoreTechnology or Integration · 15 June 2026Delinea and Cyera announced a product integration connecting privileged access management with data security posture management via API. The integration automatically correlates human, machine, and AI identities with sensitive data they can access, enabling data-aware risk scoring and prioritized remediation.
• YubicocoreTechnology or Integration · 19 March 2026Yubico and Delinea announced a joint integration combining Yubico's hardware-rooted Role Delegation Tokens (RDT) backed by YubiKey with Delinea's runtime authorization capabilities. The integration addresses the accountability gap between verifying an AI agent's identity and proving a verified human authorized its actions.
• StrongDMcoreStrategic or Co-development Partner · 5 March 2026Delinea completed acquisition of StrongDM, a universal access management company specializing in just-in-time runtime authorization for modern engineering, DevOps, and AI-driven environments. The acquisition combines Delinea's enterprise PAM with StrongDM's JIT authorization to create a unified identity security platform for human and non-human identities.
• NCC GroupcoreImplementation/ SI/ Consulting Partner · 23 January 2026NCC Group partnered with Delinea to deliver managed privileged access management services, integrating Delinea's platform into NCC Group's Unified Digital Identity Framework. The partnership covers secure credential vaulting, privileged session management, just-in-time access, and Zero Standing Privilege aligned with Zero Trust Architecture.
• Climb Channel SolutionscoreChannel Partner/ Reseller/ Distributor · 20 January 2026Climb Channel Solutions extended its distribution partnership with Delinea from North America into Europe, initially covering Ireland, the UK, and DACH regions. Climb will distribute Delinea's PAM platform covering human, machine, and agentic AI identities in hybrid cloud environments.
• CommvaultcoreTechnology or Integration · 11 December 2025Commvault partnered with Delinea to integrate privileged access management controls into its cloud backup and recovery platform. The integration connects Delinea's Secret Server with Commvault Cloud to enable credential management, just-in-time access for backup jobs, and automatic privilege revocation for compliance with SOX, HIPAA, PCI-DSS, and GDPR.
• IBMcoreOEM/ Whitelabel/ Licensing Partner · 4 November 2025Delinea expanded its OEM agreement with IBM to deliver the full Delinea Platform through IBM Verify Privileged Identity Platform. The partnership, deepening a collaboration that began in 2018, provides unified identity security solutions with greater visibility, intelligent authorization, and unified control across all identities in hybrid and multicloud environments.
• MicrosoftflagshipTechnology or Integration · 21 October 2025Delinea partnered with Microsoft to deliver identity security solutions through the Microsoft Security Store Partner Ecosystem. The collaboration involves Delinea providing feedback on new features and integrating certified solutions to improve cybersecurity procurement and deployment for Microsoft customers.
• FastpathcoreStrategic or Co-development Partner · 21 February 2024Delinea acquired Fastpath, an identity governance and access rights firm, to enhance capabilities in privileged access control and cybersecurity risk management. The acquisition aims to improve centralized authorization security, data security, and compliance management across cloud and on-premise environments.
• AuthomizecoreStrategic or Co-development Partner · 9 January 2024Delinea acquired Authomize, an Israeli startup specializing in identity threat detection and response, to enhance its Privileged Access Management platform. The deal, valued at several tens of millions of dollars, establishes an R&D center in Israel and extends capabilities in cloud visibility, threat detection, and privilege control.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CyberArk: CyberArk is the publicly traded PAM market leader offering privileged access management, identity management, and secrets management. It is the closest direct competitor to Delinea across enterprise PAM and increasingly identity security.
• BeyondTrust: BeyondTrust is a private PAM and identity security vendor offering privileged account management, remote access, and vulnerability management. It directly competes with Delinea in enterprise PAM and identity threat protection.
• HashiCorp: HashiCorp (now part of IBM) offers Vault for secrets management and zero-trust security, directly competing with Delinea's Secret Server and DevOps Secrets Vault in cloud-native and DevOps segments.
• One Identity (OneLogin): One Identity, part of Quest Software, offers privileged access management, identity governance, and account management solutions that directly compete with Delinea's PAM and IGA offerings in mid-market and enterprise.

Broad incumbents

• Okta: Okta is a leading identity and access management platform offering SSO, identity governance, and privileged access capabilities. It is a broad incumbent whose workforce identity offerings overlap with Delinea's identity security roadmap.
• Microsoft (Entra ID / Defender for Identity): Microsoft bundles identity, access, and security capabilities through Entra ID and Defender for Identity. As a broad incumbent and Delinea's partner via the Microsoft Security Store, it shapes pricing dynamics and competes in identity governance and PAM-adjacent areas.
• SailPoint: SailPoint is a leading identity governance and administration (IGA) platform that competes with Delinea's Fastpath Access Governance and broader identity security positioning in enterprise compliance-driven segments.

Emerging players

• Saviynt: Saviynt is a cloud-native identity governance and privileged access management vendor. It overlaps with Delinea in IGA and cloud entitlement management, particularly for hybrid and multi-cloud enterprise environments.
• Akeyless: Akeyless is a cloud-native secrets management and zero-trust platform that directly competes with Delinea's DevOps Secrets Vault and Secret Server in cloud and DevOps-focused environments.
• Keeper Security: Keeper Security offers a zero-knowledge password and secrets management platform with PAM capabilities, competing with Delinea in credential vaulting, secrets management, and enterprise password security.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/delineainc
• YouTubeyoutube.com/c/delinea
• Facebookfacebook.com/DelineaInc
• LinkedInlinkedin.com/company/delinea

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Delinea