Akeyless vs Delinea
Side-by-side comparison of AI visibility scores, market position, and capabilities
Akeyless is a cloud-native vaultless secrets management platform for DevOps and cloud environments; raised $95.5M total including a Series B in October 2024; backed by Team8, NGP Capital, and Deutsche Bank;
About
Akeyless is an Israeli-American cybersecurity company offering a vaultless secrets management platform, founded and headquartered in Tel Aviv with a strong U.S. commercial presence. The company addresses a core challenge in modern cloud and DevOps environments: securely managing and distributing sensitive credentials, API keys, certificates, and encryption keys across machines, applications, AI agents, and infrastructure — collectively known as machine identities. Traditional vault-based approaches require organizations to deploy and operate separate vault infrastructure, creating operational complexity and a single point of failure. Akeyless eliminates the vault entirely through its patented Distributed Fragment Encryption technology (DFC), which splits encryption keys between the customer and the platform so neither party alone can decrypt secrets.
Delinea is a privileged access management platform delivering secrets management, privilege elevation, and session controls across cloud, on-premise, and hybrid environments.
About
Delinea is a privileged access management (PAM) company headquartered in Redwood City, California, formed in 2021 through the merger of Thycotic and Centrify — two established PAM vendors whose combination created one of the largest independent players in the privileged access security market. The merger was backed by TPG Capital and brought together Thycotic's Secret Server vault and cloud PAM capabilities with Centrify's identity-centric privileged access controls and zero trust architecture, creating a unified platform that addresses the full spectrum of PAM use cases: vaulting and rotating privileged credentials, enforcing just-in-time privilege elevation, recording and auditing privileged sessions, and managing machine and application secrets at scale.
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