Delinea

Company research

Public company, workplace, funding, and market signals

Updated Aug 5, 2026

Overview

Delinea is a privately held cybersecurity software company formed from the 2021 combination of Thycotic and Centrify. It provides an identity-security control plane that discovers identities, assesses risk, vaults credentials, and governs privileged access and real-time authorization across human, machine, and AI identities.

Primary product

Delinea Platform, including Secret Server privileged access management (PAM), identity discovery and inventory, credential vaulting, privileged secure access, just-in-time/zero-standing-privilege controls, identity posture analysis, and governance.

Founded

2021

Headquarters

San Francisco, California, United States

Team size

900-1,000

Work style

Flexible

Industry

Software development / cybersecurity

Sub-industry

Identity security and privileged access management (PAM)

Offices

San Francisco, California, United States

Redwood City, California, United States

Lehi, Utah, United States

Boston, Massachusetts, United States

Des Moines, Iowa, United States

Bellevue, Washington, United States

Munich, Germany

Dubai, United Arab Emirates

Singapore

London, United Kingdom

Business model

Enterprise B2B SaaS

Subscription software licensing

Hybrid/cloud PAM deployments

Professional services and support

Partner and managed-service channels

Funding

Stage

Private equity-backed / privately held

Total raised

$1.5B

Latest round

Private equity acquisition and combination of Thycotic and Centrify · Mar 2021

Latest amount

$1.4B

Private equity acquisition / Thycotic-Centrify combination

Mar 2021 · TPG Capital

$1.4B

People & investors

Leadership

Art Gilliland

Chief Executive Officer

Chris Kelly

President, Go-To-Market

Subhi Sherwell

Interim Chief Financial Officer

Phil Calvin

Chief Product Officer

Suzanne Tom

Chief Legal Officer

Josh DeLong

Chief Customer Officer

Kate Reed

Chief Marketing Officer

Pierre Mouallem

Chief Information Security Officer

Missy Ballew

Chief People Officer

Investors

Index Ventures

Insight Partners

PSP Investments

Samsung Venture Investment Corporation

Thoma Bravo

TPG Capital

Work & culture

Delinea describes a global, collaborative, people-first and flexible/hybrid culture, with employees in almost 40 countries. Its stated values are Spirited, Trust, Respect, Ownership, Nimble, and Global.

Work style

Flexible

Visa sponsorship

Limited

Compensation

Public signals indicate competitive salaries, bonus and equity programs, and retirement/health benefits. Reported US H-1B/LCA filings include software and engineering roles with a reported median salary of about $149,958; some individual postings explicitly exclude candidates needing future US work authorization, so sponsorship is role- and location-dependent.

Benefits

Equity program for eligible roles

Bonus opportunity for full-time employees

Flexible discretionary time off

Paid family leave

12 paid company holidays in the United States

Medical, dental, and vision coverage

HSA/FSA options

Life insurance and short- and long-term disability

401(k) matching

Leadership and employee development

Product & market

Pricing

Quote-based enterprise pricing; flexible licensing is referenced for partner/managed-service offerings. Public list pricing was not found.

Differentiators

—Real-time authorization and action-level control rather than access-only controls
—Coverage of human, machine, and AI identities
—Zero Standing Privilege and just-in-time access
—Cloud, on-premises, hybrid, and ephemeral-environment support
—Integrated discovery, risk analysis, vaulting, access, and governance
—Delinea Iris AI and runtime authorization for AI agents
—Claims 99.995% uptime and up to 90% fewer management resources than the nearest competitor

Technology

Delinea Iris AI

Cloud-native SaaS

Privileged access management

Just-in-time access

Zero Standing Privilege

Runtime authorization

Identity risk scoring

Credential vaulting

Python

PowerShell

PL/pgSQL

Shell

C#/.NET

Terraform

Kubernetes

Microsoft Azure

Azure SQL

Cosmos DB

PostgreSQL

Customers

Telnyx

Axos Financial

Hubbell Incorporated

NCC Group

Financial institutions

Government and intelligence agencies

Critical infrastructure companies

More than 12,500 organizations attributed to the legacy Thycotic business

Over half of the Fortune 100

Competitors

CyberArk

BeyondTrust

Broadcom Symantec

SailPoint

Saviynt

StrongDM (acquired in 2026)

One Identity

Delinea legacy Centrify/Thycotic alternatives

Scale & contact

Estimated revenue

Approximately $400M-$500M annual revenue/ARR signal. Delinea reported ARR above $400M in August 2025; third-party estimates vary materially and should be treated cautiously.

Estimated monthly visits

256.3K

Traffic estimate as of Jun 2026

Signals & risks

Acquisition

Mar 2026

Delinea completed its acquisition of StrongDM; financial terms were not disclosed. The deal expands Delinea into developer-oriented and AI-agent runtime authorization.

Source

Acquisition

Apr 2021

Delinea was formed through the merger of Thycotic and Centrify under TPG ownership.

Source

Other

Mar 2021

The Thycotic transaction was reported at approximately $1.4 billion; terms for the broader combination were not fully disclosed.

Source

Latest news

Delinea Delivers Runtime Authorization for AI Agents

Delinea · Jul 2026

Released runtime authorization that evaluates and records AI-agent actions within sessions and supports Zero Standing Privilege for agents.

Delinea Achieves FedRAMP High Authorization for Secret Server

GlobeNewswire / Delinea · Jul 2026

Secret Server became available to US federal agencies through FedRAMP High authorization, in partnership with UberEther.

Delinea Acquires StrongDM to Secure AI with Continuous Authorization

Delinea · Mar 2026

Completed the acquisition of StrongDM, combining enterprise PAM with runtime authorization for developers, machines, and AI agents.

Delinea + StrongDM to Unite: Redefine Identity Security for the AI Era

Delinea · Jan 2026

Announced the proposed StrongDM acquisition; financial terms were undisclosed and closing was expected in Q1 2026.

Delinea Surpasses $400M in ARR and Expands Global Momentum

Delinea · Aug 2025

Reported ARR above $400 million, with SaaS representing the majority of ARR and continued profitable growth.

Jobs and careers at Delinea

98 jobs at Delinea

IT Support Business Systems

On-site

Information Technology

Mexico City; Mexico City, Ciudad de Mexico, Mexico

2d ago

On-site

Full-time