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Coax is a SaaS management platform that helps IT and security teams discover shadow IT, optimize software license spending, and identify security gaps across their SaaS stack. The platform integrates with identity providers like Azure AD to automatically detect unauthorized applications, flag unused or duplicate licenses, and surface compliance risks. Core capabilities include shadow IT discovery, SaaS cost optimization, and SaaS security posture monitoring. Coax is built for mid-market companies in Europe with a focus on GDPR and EU regulatory compliance.