Memority Acquires Zygon to Expand IAM Capabilities

Memority, a prominent French Software-as-a-Service provider focused on Identity and Access Management (IAM), has significantly advanced its strategic objectives by acquiring Zygon, a dynamic Franco-American startup. This strategic move, finalized on March 17, 2026, represents Memority's first external growth initiative following its substantial EUR 13 million funding round secured in 2025, underscoring its commitment to aggressive expansion within the critical IAM sector.

The integration of Zygon's specialized technology is set to enhance Memority's flagship Identity Factory platform. This platform already unifies Identity Governance and Administration (IGA), access management, and authentication into a cohesive solution. Zygon's expertise in identifying unmanaged SaaS applications, rogue access points, and analyzing actual digital identity usage patterns will extend the reach of the Identity Factory, addressing the pervasive challenge of shadow IT and the increasing complexity introduced by non-human identities in modern enterprises.

The market for IAM solutions is experiencing robust growth, driven by escalating cybersecurity threats and the rapid adoption of cloud services. Industry analysts project the global IAM market to reach over $30 billion by 2027, with a compound annual growth rate exceeding 12%. Memority's acquisition of Zygon positions it to capture a larger share of this expanding market by offering a more comprehensive solution that tackles the blind spots created by proliferating SaaS applications and decentralized identity management.

Memority's CEO, Gilles Casteran, articulated a clear vision for the company: to establish a leading European IAM entity capable of providing a formidable, industrially scaled alternative to dominant international players. He highlighted that the incorporation of Zygon's capabilities will unlock new avenues for AI integration within identity governance, promising more intelligent and automated security protocols. This aligns with a broader industry trend where AI is increasingly leveraged to enhance threat detection, risk assessment, and policy enforcement in IAM systems.

Echoing this sentiment, Memority Deputy CEO, Francis Gregoire, emphasized how the combined entity strengthens the Identity Factory's value proposition. By merging governance, access control, and granular usage visibility, the acquisition creates a more holistic approach to managing digital identities and their associated privileges. This unified perspective is crucial for organizations grappling with compliance mandates and the need for granular control over access across diverse cloud environments.

Zygon, established in 2023, has rapidly developed a reputation for its innovative approach to SaaS identity governance. Its platform is designed to detect and manage applications operating outside official IT inventories, identify unauthorized access points, and analyze the real-world usage of digital identities. This focus directly addresses the growing concern among businesses about the security risks associated with unmanaged applications and the complex web of digital identities that traditional IAM systems often fail to encompass fully.

The strategic rationale behind this acquisition is clear: to bolster Memority's competitive edge by integrating cutting-edge technology that addresses a critical market need. The integration of Zygon's technology into the Identity Factory will leverage advanced AI capabilities to refine identity risk prioritization, contextualize security alerts, and automate control mechanisms, thereby enhancing the overall security posture for Memority's clientele. This move solidifies Memority's ambition to become a key European player in the global IAM arena.