Side-by-side comparison of AI visibility scores, market position, and capabilities
API security platform acquired by Akamai in 2024; discovery, posture management, and runtime protection for enterprise APIs. Palo Alto CA; now integrated into Akamai's cloud security portfolio to extend API protection across Akamai's global edge delivery network.
Noname Security is an API security company founded in 2020 and headquartered in Palo Alto, California. The company built one of the first dedicated API security platforms to address the growing threat surface created by organizations' expanding API ecosystems. Noname's platform provides three core capabilities: API discovery and inventory to find all known and unknown APIs including shadow APIs; API security posture management to detect misconfigurations, data exposures, and compliance violations; and API runtime protection to detect and block attacks in real time. These capabilities were delivered as an out-of-band platform that analyzes API traffic without sitting inline.\n\nNoname raised approximately $220 million in funding before being acquired by Akamai Technologies in 2024. The acquisition was valued at approximately $450 million and was driven by Akamai's desire to strengthen its API security offerings within its existing CDN and security platform. Noname's technology was integrated into Akamai's API security product line, extending its reach to Akamai's large enterprise customer base. Prior to acquisition, Noname served financial services, healthcare, retail, and government organizations managing large API portfolios across hybrid and multi-cloud environments.\n\nThe Noname platform was designed to work without requiring changes to existing API gateway infrastructure, making it fast to deploy in complex enterprise environments. It integrated with popular API gateways and service meshes from AWS, Azure, Kong, Apigee, Mulesoft, and F5. Its behavioral detection engine was able to identify business logic abuse, authentication bypass, and data exposure patterns that traditional WAFs and gateways miss. The acquisition by Akamai brought its capabilities to one of the world's largest edge platforms.
Cloud-native identity governance platform converging IGA for cloud, on-premises, and SaaS entitlement management. El Segundo CA; raised $130M+; Saviynt serves global enterprises replacing legacy IGA with a unified platform for workforce, privileged, and third-party access.
Saviynt is a cloud-native identity governance and access management company founded in 2010 and headquartered in El Segundo, California. The company was founded by Sachin Nayyar as a modern alternative to legacy on-premises identity governance and administration (IGA) tools like SailPoint and Oracle Identity Governance that struggled to handle cloud and SaaS environments. Saviynt was built cloud-first, with a multi-tenant SaaS architecture that enables faster deployment and more flexible integration with cloud identity providers, HR systems, and applications compared to legacy IGA tools.\n\nSaviynt raised $130 million in funding led by AB Private Credit Investors and KKR, and serves more than 500 enterprise customers including major financial institutions, healthcare systems, and government agencies. Its platform covers identity lifecycle management — provisioning, de-provisioning, and access request workflows — privileged access management (PAM) for high-risk accounts, application access governance for ERP and custom applications, and cloud entitlements management for AWS, Azure, and GCP. Saviynt's convergence of IGA and PAM in a single platform is a differentiator from point solutions that address these capabilities separately.\n\nThe platform's risk-based approach uses machine learning to analyze access patterns, detect toxic combinations of entitlements that create segregation of duties violations, and recommend least-privilege access certifications. Saviynt's integration library covers Workday, SAP, Oracle, Salesforce, ServiceNow, and hundreds of other enterprise applications, enabling comprehensive access governance across complex hybrid IT environments. The company is positioned as a cloud-generation challenger to legacy IGA vendors in Gartner's Magic Quadrant for IGA.
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