Imprivata
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Imprivata is a digital identity security company based in
Waltham, Massachusetts Waltham ( ) is a city in Middlesex County, Massachusetts, United States, and was an early center for the labor movement as well as a major contributor to the American Industrial Revolution. The original home of the Boston Manufacturing Company, ...
. Their first product came to market in 2004, and they expanded into Europe in 2006. In 2017, Imprivata had over 1,700 clients and several offices across America, Europe and Australia. Imprivata customers are primarily from the healthcare industry. Imprivata became a public company on June 25, 2014, and was listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
, until it was acquired by private equity investment firm Thoma Bravo in 2016. In 2019 they acquired GroundControl to expand their mobile offerings, in 2020 FairWarning to expand their Digital Identity platform and more recently Xton Technologies and SecureLink to deliver privileged access management (PAM) both for internal and external users.


History

Imprivata was founded by David Ting and Phil Scarfo, who had developed identity management technology while working at
Polaroid Corporation Polaroid is an American company best known for its instant film and cameras. The company was founded in 1937 by Edwin H. Land, to exploit the use of its Polaroid polarizing polymer. Land ran the company until 1981. Its peak employment was 21,0 ...
’s small business incubator. The company shipped its first product, the OneSign Enterprise Single Sign-On appliance, in 2004. In 2005, Imprivata expanded to Europe, Africa and the Middle East, and in 2006 Imprivata founder David Ting was selected by
InfoWorld ''InfoWorld'' (abbreviated IW) is an information technology media business. Founded in 1978, it began as a monthly magazine. In 2007, it transitioned to a web-only publication. Its parent company today is International Data Group, and its siste ...
as one of the top 25 chief technology officers of the year. In 2009, Imprivata acquired the assets of IdentiPHI, a manufacturer and reseller of biometric technology, including the SAFsolution product line, and in 2011, acquired assets of Validus Medical Systems of
Santa Cruz, California Santa Cruz ( Spanish for "Holy Cross") is the county seat and largest city of Santa Cruz County, in Northern California. As of the 2020 census, the city population was 62,956. Situated on the northern edge of Monterey Bay, Santa Cruz is a po ...
, which was incorporated into the Imprivata Cortext technology. In July 2016, Imprivata announced that it agreed to be acquired by
Thoma Bravo Thoma Bravo, LP, is an American private equity and growth capital firm with offices in San Francisco, Chicago and Miami. It is known for being particularly active in acquiring software companies and has over $114 billion in assets under manage ...
, a
private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a t ...
firm based in
San Francisco San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
, for $19.25 per share, estimated at a total of $544 million. Omar Hussain was the chief executive at the time.


Technology

Imprivata OneSign helps companies manage user access and authentication. Product reviews suggest that OneSign allows companies to enable all enterprise applications for single sign-on without requiring custom scripting or modifications to existing directories. OneSign can also strengthen user authentication to desktops and networks by replacing passwords with a range of authentication options that include finger biometrics, proximity cards, smart cards, many national and government ID cards, One-Time-Password tokens, and an employee’s physical location. Product reviews also comment on OneSign's ability to simplify compliance reporting by consolidating the employee strong authentication and application access events in a single database.L. Samuel Pfeifle, “Imprivata picks up IdentiPHI assets”, Security Systems News, April 9, 2009


References

{{reflist Identity management systems Computer security companies Companies based in Lexington, Massachusetts Software companies established in 2002 2016 mergers and acquisitions 2002 establishments in Massachusetts Companies formerly listed on the New York Stock Exchange