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About SailPoint
Industries
Cybersecurity
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$20.7M
Headquarters
Austin, Texas
Founded
2004
Overview
SailPoint provides identity security solutions that help organizations manage and protect digital identities. Its main products, including IdentityIQ, IdentityNow, and File Access Manager, allow businesses to control access to sensitive information, ensure compliance with regulations, and reduce security risks. These products work by giving organizations visibility into who has access to what data and enabling them to manage that access effectively. SailPoint stands out from competitors by using advanced technologies like artificial intelligence and machine learning to enhance its identity governance solutions. The company's goal is to be a trusted partner for enterprises in navigating the complexities of identity security, ensuring that they can protect their critical information and comply with necessary regulations.
Simplify's Take
What believers are saying
- Increased demand for remote work solutions boosts identity security needs SailPoint can address.
- Acquisition of SecZetta expands SailPoint's identity security offerings with third-party risk management.
- Zero-trust security frameworks present opportunities for SailPoint's products in architecture integration.
What critics are saying
- Emerging identity security startups could erode SailPoint's market share with competitive pricing.
- Technological advancements in AI may outpace SailPoint's current capabilities, creating a competitive gap.
- Integration challenges from SecZetta acquisition could disrupt operations and core business activities.
What makes SailPoint unique
- SailPoint specializes in identity security, focusing on managing digital identities for enterprises.
- The company leverages AI and machine learning to enhance identity threat detection.
- SailPoint's subscription-based model generates revenue through software licenses and professional services.
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Funding
Total Funding
$20.7M
Below
Industry Average
Funded Over
8 Rounds
Lightspeed Venture PartnersGrowth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%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.
There are no jobs for SailPoint right now.
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About SailPoint
Industries
Cybersecurity
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$20.7M
Headquarters
Austin, Texas
Founded
2004
There are no jobs for SailPoint right now.
Find jobs on Simplify and start your career today