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About SailPoint
Industries
Enterprise Software
Cybersecurity
Company Size
1-10
Company Stage
IPO
Headquarters
Tel Aviv-Yafo, Israel
Founded
2004
Overview
SailPoint provides identity security solutions that help businesses manage and secure user access to important systems and data. Their main products, including IdentityIQ, IdentityNow, and File Access Manager, focus on identity governance, access management, and ensuring compliance with regulations. These tools automate the process of managing who can access what information, which helps organizations lower their risk and operate more efficiently. Unlike many competitors, SailPoint's offerings are tailored for a wide range of clients, from large corporations to government agencies, and they operate on a subscription model that includes software licenses and professional services. The goal of SailPoint is to enhance security and compliance for enterprises while simplifying access management.
Simplify's Take
What believers are saying
- Growing demand for remote work security boosts SailPoint's market potential.
- Interest in zero-trust models aligns with SailPoint's identity management focus.
- AI-driven identity analytics can enhance SailPoint's user behavior analysis capabilities.
What critics are saying
- Emerging startups with lower-cost solutions threaten SailPoint's market share.
- Competitors' rapid AI adoption may outpace SailPoint's offerings.
- Decentralized identity systems could reduce demand for traditional solutions.
What makes SailPoint unique
- SailPoint offers comprehensive identity governance solutions like IdentityIQ and IdentityNow.
- The company specializes in automating access management to improve operational efficiency.
- SailPoint's solutions integrate role management, access request, and compliance management.
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Funding
Total Funding
$21.8M
Below
Industry Average
Funded Over
8 Rounds
Lightspeed Venture PartnersCompany News
SailPoint, Inc. (“SailPoint”), a leader in unified identity security for enterprises, today announced the pricing of its upsized initial public offeri
SailPoint Technologies raised $1.38 billion in its US IPO, pricing shares at $23 each. The Austin-based identity security firm and its parent company, Thoma Bravo, sold 60 million shares, valuing SailPoint at $12.6 billion. This marks SailPoint's return to the public market after being privatized in a $6.9 billion deal in 2022. The IPO exceeded initial estimates of 50 million shares priced between $19 and $21.
SailPoint acquires identity solutions startup SecZetta - SiliconANGLE
As people work through another lockdown, it seems that a quarter of people are self-sabotaging their online security. That claim comes from research carried out by identity security company, SailPoint. The details are revealed in a report titled: The Cybersecurity Pandora’s box of Remote Work.
We are now living in a COVID-19 world and the perfect storm that it has created has brought up lots of issues including economic ones, and Identity Governance is now being seen as one of the main solutions.
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About SailPoint
Industries
Enterprise Software
Cybersecurity
Company Size
1-10
Company Stage
IPO
Headquarters
Tel Aviv-Yafo, Israel
Founded
2004
There are no jobs for SailPoint right now.
Find jobs on Simplify and start your career today