Pathlock Secures $200M; Completes Merger With Appsian And Security Weaver

May 17, 2022•about 3 years ago

Amount Raised

$200 Million

Description

Pathlock, the leading provider of access governance solutions for business applications, today announced a merger with Appsian, the leading provider of ERP data security solutions, and Security Weaver, the leading provider of governance, risk and compliance management (GRCM) software for SAP. In addition to the mergers, the newly combined company, Pathlock, is announcing the acquisition of CSI Tools, a Belgium-based GRCM provider, and Germany-based SAST SOLUTIONS, a holistic solution provider for hardening SAP environments.

Company Information

Company

Pathlock

About

Pathlock is the global leader in application governance, risk, and compliance. Our platform protects over 140 enterprise business applications and the critical transactions they power. Our unified application governance solution supports companies on their journey to enforce GRC controls and takes action to prevent loss. Enterprises can manage all aspects of application governance in a single platform, including user provisioning and temporary elevation, ongoing User Access Reviews, control testing, transaction monitoring, and audit preparation. Global 2000 companies rely on Pathlock to protect their critical digital assets from financial, operational, regulatory and security threats, ensure corporate compliance and improve performance. Our customers have saved millions in employee productivity, labor costs, audit fees and data loss prevention.

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