Imprivata, a secure access innovator, raises $15M

Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here!

Imprivata is a Lexington, Mass. company that is working on single sign-on authentication technology, which consolidates all of a corporate user’s accounts to a single password and adds additional security measures to prevent hackers.

The company’s software works together with physical location trackers like keycards, so that an employee’s account will be unusable if, for instance, his location tracker shows him to be in a different place than the computer he’s logging in at.

SAP Ventures provided the $15 million financing, and was joined by previous backers Polaris Venture Partners, General Catalyst Partners and Highland Capital Partners. The company has taken about $50 million to date.

VentureBeat’s VB Insight team is studying marketing analytics... Chime in here, and we’ll share the results.