HPS Investment Partners and PNC Bank led a $130m investment in Saviynt.

HPS Investment Partners, an investment firm, and PNC Bank, a provider of banking services, led a $130m investment in Saviynt, a provider of intelligent identity and access governance solutions. “Demand for our cloud identity solutions has never been higher as companies continue prioritizing business transformation with a focus on an identity-defined security perimeter to reduce hybrid workforce risks, meet evolving regulations, and protect multi-cloud environments. With our additional funding, we can meet that demand head-on by doubling down on product innovation, continuing our rapid global growth, and bringing Saviynt’s platform to new industries and regions," Amit Saha, Saviynt CEO.