The acquired business includes the technical team of 30 experts, the Memority platform, intellectual property and services for existing customers. Over the next 12 months, Memority aims to strengthen its sales, marketing and back office activities. As a result, the company’s workforce is set to double over the next year to around sixty. Innovations already underway include risk modeling and analysis, automation and multi-cloud solutions to democratize and unify the use of digital identity and access management. On the other, Memority plans to accelerate on analytics, Machine Learning and visual representation to position itself in fraud detection.
About the Memority platform
Memority is an all-in-one platform designed to enable companies to secure and simplify access to their information systems. The company develops and promotes the Memority Identity Factory, which helps streamline user journeys and protect its customers’ services by managing the access and digital identities of their employees, partners, customers and connected objects. The French company already has a large number of major accounts and SMEs using the solution to meet their challenges in protecting and enhancing the experience of their employees, customers and partners. Some customers also manage and protect tens of millions of connected objects.
