Latest news with #PrivilegedAccessManagement
Yahoo
2 days ago
- Business
- Yahoo
CIBC Innovation Banking Provides Funding to CyberQP
VANCOUVER, British Columbia, June 05, 2025--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided funding to CyberQP, a leading provider of Zero Trust Helpdesk Security solutions. The support comes as CyberQP scales its operations globally and accelerates its mission to transform how IT teams secure access and streamline operational workflows. CyberQP's platform helps organizations secure technician and end-user access, reduce cyber risk, and improve helpdesk efficiency through a unified Zero Trust approach. Founded in 2019, CyberQP is a rapidly growing venture-backed Software as a Service (SaaS) provider of Helpdesk Security Automation and Privileged Access Management (PAM) solutions. Originally designed for Managed Service Providers (MSPs), CyberQP's solutions are widely used by internal IT teams across industries to strengthen access controls, reduce operational friction, and meet compliance requirements. "With CIBC Innovation Banking's continued support, we're accelerating our mission to simplify helpdesk operations and elevate security standards for IT teams worldwide," said Mateo Barraza, CEO and Co-Founder of CyberQP. "This relationship has been instrumental in helping us scale innovation and deliver greater value to our customers. This latest round of financing amplifies that impact." "We're proud to support CyberQP as it continues to enhance its platform and broaden its global impact," said Joe Timlin, Managing Director, CIBC Innovation Banking. "Its purpose-built approach to PAM addresses a critical and growing need across IT teams, positioning CyberQP strongly for continued success." About CIBC Innovation BankingCIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About CyberQPCyberQP redefines Zero Trust Helpdesk Security with leading-edge Privileged Access Management (PAM) and End-User Access Management (EUAM) solutions. The platform enables secure elevated access for both technicians and end users, along with robust self-serve and identity verification capabilities. Backed by SOC 2 Type 2 certification, CyberQP empowers IT professionals to eliminate identity and privileged access security risks, enforce compliance, and enhance operational efficiency. The mission is simple: "Empowering Access, Redefining Privilege" for help desks around the globe. Learn more at View source version on Contacts Katarina Milicevic, 416-362-3458 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 days ago
- Business
- Business Wire
CIBC Innovation Banking Provides Funding to CyberQP
VANCOUVER, British Columbia--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided funding to CyberQP, a leading provider of Zero Trust Helpdesk Security solutions. The support comes as CyberQP scales its operations globally and accelerates its mission to transform how IT teams secure access and streamline operational workflows. CyberQP's platform helps organizations secure technician and end-user access, reduce cyber risk, and improve helpdesk efficiency through a unified Zero Trust approach. Founded in 2019, CyberQP is a rapidly growing venture-backed Software as a Service (SaaS) provider of Helpdesk Security Automation and Privileged Access Management (PAM) solutions. Originally designed for Managed Service Providers (MSPs), CyberQP's solutions are widely used by internal IT teams across industries to strengthen access controls, reduce operational friction, and meet compliance requirements. 'With CIBC Innovation Banking's continued support, we're accelerating our mission to simplify helpdesk operations and elevate security standards for IT teams worldwide,' said Mateo Barraza, CEO and Co-Founder of CyberQP. 'This relationship has been instrumental in helping us scale innovation and deliver greater value to our customers. This latest round of financing amplifies that impact.' 'We're proud to support CyberQP as it continues to enhance its platform and broaden its global impact,' said Joe Timlin, Managing Director, CIBC Innovation Banking. 'Its purpose-built approach to PAM addresses a critical and growing need across IT teams, positioning CyberQP strongly for continued success.' About CIBC Innovation Banking CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About CyberQP CyberQP redefines Zero Trust Helpdesk Security with leading-edge Privileged Access Management (PAM) and End-User Access Management (EUAM) solutions. The platform enables secure elevated access for both technicians and end users, along with robust self-serve and identity verification capabilities. Backed by SOC 2 Type 2 certification, CyberQP empowers IT professionals to eliminate identity and privileged access security risks, enforce compliance, and enhance operational efficiency. The mission is simple: "Empowering Access, Redefining Privilege" for help desks around the globe.
Yahoo
21-05-2025
- Business
- Yahoo
Saviynt Accelerates Partner Growth Across Australia and New Zealand Through Saviynt University
The Identity Authority empowers 40+ partners across ANZ region with deep technical training, AI-enhanced identity insights, and rapid deployment strategies SYDNEY, May 21, 2025--(BUSINESS WIRE)--Saviynt, a leading provider of cloud-native identity and governance platform solutions, continues to scale its global upskilling initiative through Saviynt University. In Sydney and Melbourne, Saviynt partner bootcamps trained over 40 individuals from 19 organizations in just two days. The initiative is part of a broader effort to equip the global workforce with the skills needed to secure today's digital enterprises. Dan Mountstephen, senior vice president of APJ (Asia-Pacific and Japan) at Saviynt said, "Saviynt is completely redefining the identity security landscape with our cloud-native, converged platform and implementation-first approach. Through initiatives like Saviynt University, we are not just enabling partners, we are accelerating their growth by delivering deep technical enablement, AI-driven identity intelligence, and proven deployment strategies. In Australia and New Zealand, our partners are already leading the charge with faster go-lives and smarter solutions that scale." The bootcamps in Australia are part of a broader global rollout of Saviynt University workshops, following successful sessions in India, EMEA and advancing into the United States throughout 2025. The initiative comes at a critical time, as the global cybersecurity workforce gap has surged to 4.8 million professionals, according to the 2024 ISC2 Cybersecurity Workforce Study, a 19% year-over-year increase. In Australia alone, the skills gap jumped 71%, with only one cybersecurity expert for every 240 businesses, underscoring the urgency of specialized identity training. "The energy and technical acumen shown by our Australian partner community was incredible," said Suraj Krishnaiah, vice president, Enablement and Solutions at Saviynt. "With each Saviynt University session, we are seeing greater technical depth and stronger implementation confidence across our global partner ecosystem. The Identity Cloud's capabilities combined with the expertise of our partner ecosystem are setting a new benchmark for rapid, intelligent identity deployments." Led by Saviynt's senior leadership including Krishnaiah, Vice President of Partner Sales for Asia-Pacific and Japan Sunil Kedaraji, and Channel Director ANZ region Reno Maglitto, along with technical experts from the United States and Australia, the sessions offered a blend of hands-on product deep dives, real-world implementation insights, and gamified simulations. Attendees explored Time-to-Value (TTV) methodology, Privileged Access Management (PAM), and AI integration in identity workflows. They also gained insights into the latest innovations, including Identity Security Posture Management (ISPM) and Just-in-Time Access (JITA). "I am proud of the strong momentum we are building in Australia," said Kedaraji. "This initiative reflects our ongoing investment in empowering partners with the knowledge, tools, and technical capabilities needed to confidently deliver best-in-class identity security solutions. Our focus remains on deepening collaboration, enabling faster deployments, and driving business outcomes for customers through a trusted partner-first approach." This global expansion of Saviynt University reflects the company's commitment to bridging the identity skills gap, supporting partners with scalable local resources, and advancing enterprise identity security maturity across industries and regions. To learn more about Saviynt University, please visit the website. About Saviynt Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt is recognized as an industry leader in identity security whose cutting-edge solutions protect the world's leading brands, Fortune 500 companies and government organizations. The company recently launched Saviynt University to help reduce the knowledge gap in cybersecurity and identity management by providing free training and certification programs, with significant focus on practitioners in India. For more information, please visit View source version on Contacts For Saviynt APAC and India Roshi Press Contact Jacklyn Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Saviynt Accelerates Partner Growth Across Australia and New Zealand Through Saviynt University
SYDNEY--(BUSINESS WIRE)-- Saviynt, a leading provider of cloud-native identity and governance platform solutions, continues to scale its global upskilling initiative through Saviynt University. In Sydney and Melbourne, Saviynt partner bootcamps trained over 40 individuals from 19 organizations in just two days. The initiative is part of a broader effort to equip the global workforce with the skills needed to secure today's digital enterprises. Dan Mountstephen, senior vice president of APJ (Asia-Pacific and Japan) at Saviynt said, 'Saviynt is completely redefining the identity security landscape with our cloud-native, converged platform and implementation-first approach. Through initiatives like Saviynt University, we are not just enabling partners, we are accelerating their growth by delivering deep technical enablement, AI-driven identity intelligence, and proven deployment strategies. In Australia and New Zealand, our partners are already leading the charge with faster go-lives and smarter solutions that scale.' The bootcamps in Australia are part of a broader global rollout of Saviynt University workshops, following successful sessions in India, EMEA and advancing into the United States throughout 2025. The initiative comes at a critical time, as the global cybersecurity workforce gap has surged to 4.8 million professionals, according to the 2024 ISC2 Cybersecurity Workforce Study, a 19% year-over-year increase. In Australia alone, the skills gap jumped 71%, with only one cybersecurity expert for every 240 businesses, underscoring the urgency of specialized identity training. 'The energy and technical acumen shown by our Australian partner community was incredible,' said Suraj Krishnaiah, vice president, Enablement and Solutions at Saviynt. 'With each Saviynt University session, we are seeing greater technical depth and stronger implementation confidence across our global partner ecosystem. The Identity Cloud's capabilities combined with the expertise of our partner ecosystem are setting a new benchmark for rapid, intelligent identity deployments.' Led by Saviynt's senior leadership including Krishnaiah, Vice President of Partner Sales for Asia-Pacific and Japan Sunil Kedaraji, and Channel Director ANZ region Reno Maglitto, along with technical experts from the United States and Australia, the sessions offered a blend of hands-on product deep dives, real-world implementation insights, and gamified simulations. Attendees explored Time-to-Value (TTV) methodology, Privileged Access Management (PAM), and AI integration in identity workflows. They also gained insights into the latest innovations, including Identity Security Posture Management (ISPM) and Just-in-Time Access (JITA). 'I am proud of the strong momentum we are building in Australia,' said Kedaraji. 'This initiative reflects our ongoing investment in empowering partners with the knowledge, tools, and technical capabilities needed to confidently deliver best-in-class identity security solutions. Our focus remains on deepening collaboration, enabling faster deployments, and driving business outcomes for customers through a trusted partner-first approach.' This global expansion of Saviynt University reflects the company's commitment to bridging the identity skills gap, supporting partners with scalable local resources, and advancing enterprise identity security maturity across industries and regions. To learn more about Saviynt University, please visit the website. About Saviynt Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt is recognized as an industry leader in identity security whose cutting-edge solutions protect the world's leading brands, Fortune 500 companies and government organizations. The company recently launched Saviynt University to help reduce the knowledge gap in cybersecurity and identity management by providing free training and certification programs, with significant focus on practitioners in India. For more information, please visit
