Delinea

Delinea is a privileged access management company formed in 2021 through the merger of Thycotic and Centrify, and is headquartered in San Francisco, California. It builds identity security software that extends privileged access management into continuous authorization for human, machine, and AI identities, selling primarily to mid-market and enterprise organizations across regulated industries. The company is privately held and backed by private equity firm TPG Capital. In January 2026 it acquired StrongDM to extend continuous authorization across AI and infrastructure access.