Thycotic - Crunchbase Company Profile & Funding (2024)

As a seasoned cybersecurity expert with a comprehensive understanding of the industry, I am well-versed in the nuances of Thycotic and its role in protecting organizations from cyber threats. My expertise is grounded in a deep knowledge of cybersecurity technologies, privilege management solutions, and the broader landscape of securing privileged accounts in modern enterprises.

Let's delve into the key concepts presented in the provided information:

1. Organization Summary:

   • Name: Thycotic Software Ltd.
   • Location: Washington, District of Columbia, United States.
   • Size: 501-1000 employees.
   • Funding Type: Venture - Series Unknown.
   • Status: Private.
   • Website:

2. Financials:

   • Total Funding Amount: $6.2M.
   • Acquisition: Thycotic was acquired by TPG for $1.4B on March 2, 2021.

3. People:

   • Founders: Jonathan Cogley.
   • Recent Appointments:
     • APAC VP: Yusoff.
     • A/NZ Channel Chief: Paul Barge.
   • Investors: Insight Partners.
   • Contacts: 38 contacts available, including an executive in Information Technology.

4. Technology:

   • Thycotic specializes in providing cloud-ready privilege management solutions.
   • Their security tools are designed to empower over 10,000 organizations, ranging from small businesses to Fortune 100 companies.
   • Focus areas include limiting privileged account risk, implementing least privilege policies, controlling applications, and demonstrating compliance.
   • Thycotic aims to make enterprise-level privilege management accessible by eliminating dependency on overly complex security tools while prioritizing productivity, flexibility, and control.

5. Signals & News:

   • Recent news and activities include a name change by TPG for access management firm ThycoticCentrify to Delinea.
   • Appointments of key personnel, such as Yusoff as APAC VP and Paul Barge as A/NZ Channel Chief.

6. About:

   • Thycotic, founded in 1996, operates in the cybersecurity and enterprise software space.
   • Headquarters are in the Washington DC Metro Area.
   • Thycotic closed its last funding round on Sep 6, 2016, with a Venture - Series Unknown round.

This detailed analysis reflects the company's trajectory, its pivotal acquisition by TPG, key personnel appointments, and its strategic focus on providing accessible and effective privilege management solutions in the ever-evolving landscape of cybersecurity.