The clever part was not finding one more signal. It was making hundreds of tools compare notes - and turning the discrepancies into a product security teams could act on.
JumpCloud began by automating access to servers. The bigger business appeared when its founders realized the directory - the dull, indispensable list behind every login - could become the control plane for modern work.
Lumos began by replacing the IT ticket queue with an internal app store. Six years later, it is betting that the next identity administrator will be a coordinated crew of software agents - with humans reserved for the judgment calls.
For nearly five decades, a quiet software company near Stuttgart has been helping big organizations tame the IT sprawl no one else wants to touch - and it just landed a Thoma Bravo backer to do more of it.
Cledara is a software management and spend platform that helps growing companies discover, buy, manage and cancel their SaaS subscriptions from one place. By pairing virtual cards with a system of record for every application, Cledara gives finance and IT teams real-time visibility into software costs and usage, automates invoice collection and accounting, and enforces approval workflows. Founded in 2018 by Cristina Vila Vives and Brad van Leeuwen, it serves 1,000+ customers across 32 countries.
Torii is a SaaS Management Platform (SMP) that helps IT and finance teams discover, optimize, and govern the software running across their organization. Founded in 2016 by three serial entrepreneurs, Torii pioneered a discovery-first approach that surfaces shadow IT - and, more recently, shadow AI - through browser extensions, SSO, direct integrations, and financial data. On top of that visibility it layers spend analytics, license optimization, and no-code automation for tasks like onboarding, offboarding, and renewals. Headquartered in New York with R&D in Israel, Torii counts customers such as Instacart, Bumble, and Palo Alto Networks, and was named a Leader in Gartner's 2025 Magic Quadrant for SaaS Management Platforms.
Flexera helps large organizations see and control what they actually own and spend across software, SaaS, hardware and cloud. Born in 1987 as the maker of InstallShield, it has grown into a technology value optimization company whose Flexera One platform combines IT asset management, FinOps, SaaS management and IT visibility on top of its proprietary Technopedia data library. More than 50,000 customers, many of them Fortune 500, use Flexera to cut waste, stay license-compliant and turn messy IT estates into decisions.
Productiv is a SaaS and AI portfolio governance platform that helps enterprise IT teams discover, measure, and right-size every application employees actually use - including the AI tools nobody told them about. Founded in 2018 in Palo Alto, the company has raised $73M and now counts companies like DocuSign, Robinhood and Okta among its customers.
Zluri is a next-gen SaaS Management and Identity Governance platform that helps IT and security teams discover every app and identity inside an enterprise, automate joiner-mover-leaver workflows, and run access reviews without spreadsheets. Founded in 2020 and headquartered in San Francisco with engineering in Bengaluru, it serves 250+ enterprise customers including Monday.com, Tipalti, Whoop, Razorpay, and Traveloka.