SafeNet

What SafeNet does

SafeNet is an information security company founded in 1983 and headquartered in Belcamp, Maryland. Originally an independent cybersecurity vendor, SafeNet was acquired by Gemalto in 2010 and subsequently became a wholly-owned subsidiary of Thales Group when Thales acquired Gemalto in 2019. Today SafeNet operates as a product brand within Thales' broader cybersecurity portfolio, with its offerings centered on SafeNet Trusted Access — a cloud-based identity and access management (IAM) solution providing multi-factor authentication (MFA), single sign-on (SSO), adaptive access control, risk-based authentication, and FIDO passkey support. The portfolio also includes PKI USB tokens, smart cards, OTP authenticators, and passwordless authentication devices, and integrates with Thales' OneWelcome Identity Platform, CipherTrust Data Security Platform, Hardware Security Modules (HSMs), and the Imperva application security portfolio.

Name

SafeNet

Legal name

SafeNet

Website

https://safenet-inc.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

SafeNet, a Thales Group subsidiary, provides cloud-based identity and access management via SafeNet Trusted Access — offering multi-factor authentication, single sign-on, and adaptive access control — to enterprise customers across financial services, healthcare, government, manufacturing, and retail.

Ownership category

akta.pro rank

Product category

Cybersecurity / Identity & Access Management

NAICS

Security Systems Services (except Locksmiths) (561621), Investigation and Security Services (5616), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Detective, Guard & Armored Car Services (7381), Finance Services (6199)

akta.pro primary industry

Cloud Identity & Access Management Infrastructure (IAM/IdP/MFA) (HDABAHAF)

akta.pro secondary industries

Secrets Management (Passwords, API Keys, Tokens) (HDADAFAD), Identity, Access & Key Management (IAM/KMS) as Cloud Core Services (HDABAAAH)

Keywords

• Identity access management
• Multi-factor authentication
• Software license management
• Hardware security modules
• Data encryption solutions

Headquarters

HQ city

Belcamp

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Authentication Solutions: SafeNet provides software license management and authentication solutions as part of Thales' broader portfolio. The company is recognized as a key player in the software license management market alongside Flexera and Snow Software, collectively holding over 50% market share. Revenue is generated through software licensing, entitlement management, and multi-factor authentication solutions.

Distribution channels6 records

Marketing channels7 records

Core offering

SafeNet provides cloud-based identity and access management (IAM) solutions, anchored by its flagship SafeNet Trusted Access platform that delivers multi-factor authentication, single sign-on (SSO), adaptive and risk-based access control, and passwordless/FIDO authentication for enterprise environments. As part of Thales' cybersecurity portfolio, SafeNet also contributes software licensing, entitlement management, and hardware-based authentication (PKI tokens, smart cards) to protect identities, transactions, and data.

Product overview

SafeNet, now part of Thales following its acquisition, operates primarily as a product line within Thales' Identity & Access Management portfolio. The core SafeNet offering centers on SafeNet Trusted Access, a cloud-based authentication and SSO solution. This product integrates with Thales' broader platform approach, which includes the OneWelcome Identity Platform, CipherTrust Data Security Platform, and Sentinel Software Monetization Platform. The SafeNet brand continues to serve enterprise customers requiring secure authentication, identity verification, and access management capabilities, combining SafeNet's legacy expertise with Thales' expanded cybersecurity portfolio.

Differentiator

Problem solved

Functional benefit

Brands

• SafeNet Trusted Access: Cloud-based identity and access management (IAM) solution providing single sign-on (SSO), multi-factor authentication, and adaptive access control for enterprise security.

Products and services

• SafeNet Trusted Access SaaS-delivered identity and access management (IAM) solution providing multi-factor authentication, single sign-on (SSO), adaptive and risk-based access control, and identity orchestration for enterprise applications and users. It is designed for enterprise security teams that need to protect cloud and on-premises applications, support passwordless/FIDO authentication, and meet regulatory compliance requirements.

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered flagship and core.

• Google CloudflagshipTechnology or Integration · 1 January 2026Thales has been recognized as a 2026 Google Cloud Partner of the Year for Sovereign Cloud, delivering enterprise-grade security capabilities and sovereign cloud solutions to Google Cloud customers.
• ImpervacoreTechnology or IntegrationImperva is now part of Thales, combining application security, data security, and identity management capabilities under one unified portfolio. The Thales + Imperva combination creates a global leader in cybersecurity.
• Thales Accelerate Partner NetworkcoreChannel Partner/ Reseller/ DistributorThe Thales Accelerate Partner Network includes Channel Partners (resellers/VARs), Managed Service Providers, OEM Partners, Advisory Partners, and Technology Partners. The program provides skills, expertise, and resources to help partners accelerate revenue with Thales technologies.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• OneLogin: OneLogin delivers cloud-based identity and access management with SSO, MFA, and user provisioning, positioning as a direct competitor to SafeNet Trusted Access for mid-market and enterprise customers seeking cloud-native IAM.
• ForgeRock: ForgeRock (now part of Thales) provides enterprise identity and access management with strength in workforce, customer, and IoT identity, making it a closely related Thales sister platform that competes and overlaps with SafeNet's identity portfolio.
• CyberArk: CyberArk is the leader in privileged access management (PAM) and has expanded into workforce and customer identity, directly overlapping with SafeNet's identity security positioning in high-security enterprise environments.
• RSA Security: RSA is a long-standing direct competitor in hardware-based MFA (SecurID tokens), enterprise IAM, and identity governance, with comparable footprint across financial services, government, and defense customers.
• Ping Identity: Ping Identity provides enterprise-grade identity federation, SSO, and MFA with deep capabilities in complex hybrid and regulated environments, competing head-to-head with SafeNet Trusted Access in financial services, healthcare, and government verticals.
• Okta: Okta is the leading pure-play cloud identity and access management platform, directly competing with SafeNet Trusted Access across workforce SSO, MFA, adaptive access, and lifecycle management for enterprise and mid-market customers.
• Entrust: Entrust provides PKI, digital certificates, and identity solutions including MFA and HSM-adjacent offerings, directly comparable to SafeNet's PKI token and smart card capabilities for high-security enterprise and government deployments.
• Cisco Duo: Cisco Duo is a leading cloud-delivered MFA and SSO solution for the workforce, directly competing with SafeNet Trusted Access in mid-market and enterprise segments and benefiting from Cisco's broader networking and security channel.

Broad incumbents

• Microsoft Entra ID: Microsoft Entra ID (formerly Azure AD) is the dominant cloud identity platform bundled into the Microsoft 365 enterprise stack, directly competing with SafeNet Trusted Access in workforce IAM but typically at effectively zero marginal cost to enterprise Microsoft customers.
• IBM Security Verify: IBM Security Verify is a broad-incumbent workforce and customer identity platform competing with SafeNet Trusted Access across large enterprises, leveraging IBM's consulting channel and existing mainframe/enterprise footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/SafeNetInc
• Facebookfacebook.com/SafeNetInc
• LinkedInlinkedin.com/company/5782

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors3 records

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

M&A8 records

Investments

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

Frequently asked questions about SafeNet