Zilla Security
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Zilla Security was a Boston-based software company building a modern, cloud-native identity governance and administration (IGA) platform. Its software automated identity compliance, access reviews, and provisioning for enterprise customers, using AI-driven role management to replace slow, manual legacy IGA systems. The company claimed its platform deployed five times faster than traditional offerings while sharply reducing service tickets, and it sold products such as Zilla Comply and Zilla Provisioning to more than 100 customers.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Zilla Security was founded in Boston by Deepak Taneja, the former founder and CEO of identity vendor Aveksa, together with co-founder Nitin Sonawane, to rebuild identity governance for modern cloud environments.
- Traction
Over roughly six years the company raised about $19 million from investors including FirstMark, Pillar VC, and Tola Capital, and grew to about $5 million in annual recurring revenue with around 125 customers and 40 employees.
- Acquired by CyberArk
CyberArk announced the acquisition of Zilla Security for $165 million in cash plus a $10 million earnout tied to milestones, with the deal closing on the announcement day in February 2025. Zilla's team and platform were integrated into the CyberArk Identity Security Platform.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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