Delinea, a pioneering provider of solutions that seamlessly extend Privileged Access Management (PAM), announced the close of its 2023 fiscal year, surpassing a key annual recurring revenue (ARR) milestone of $300 million and achieving a ‘Rule of 40’ profile. The company also grew recurring revenue to greater than 85% of total revenue.
Delinea accomplished a notable innovation milestone in 2023 by debuting the Delinea Platform, a cloud-native foundation for Delinea’s industry-recognised PAM solutions that empowers end-to-end visibility, dynamic privilege controls, and adaptive security. The Delinea Platform combines enterprise vaulting, VPN-less privileged remote access, and privilege controls to enforce just-in-time and just enough privileges to provide a more secure, resilient, scalable SaaS solution that expands with an organisation’s needs.
