Financial teams of the acquisition were not released but published reports out of Israel peg the price tag as “several tens of millions of dollars.”

The private equity-owned Delinea, formed in April 2012 through the merger of Centrify and Thycotic, said the deal extends its reach into the lucrative identity category and adds technology to help businesses to eliminate identity-based threats across SaaS, cloud, and traditional systems.

Authomize, which emerged from stealth in 2021 with ambitious plans in the IDTR space, raised about $22 million in venture capital funding from a roster of investors that included Tenable Ventures, BlumbergCapital, Microsoft M12, and Entree Capital.