SailPoint
| Public | |
| Traded as | NYSE: SAIL |
| ISIN | 🆔 |
| Industry | Enterprise software |
| Founded 📆 | December 2005 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
Key people | |
| Products 📟 | SailPoint Identity Security Platform |
| Revenue🤑 |  $439 million (2021)[1] |
| Members | |
Number of employees | 1,800+ (March 2022) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
SailPoint Technologies Holdings, Inc. (SailPoint) is a publicly traded identity and access management software company headquartered in Austin, Texas, with offices in London, Paris, Amsterdam, Sydney, Singapore, Tokyo, Tel Aviv and Pune.
SailPoint provides cloud-based and on-premise solutions for managing digital identity for its customers. The platform controls user access and facilitates access requests, role modeling and certifications.
History
SailPoint was founded in December 2005 by current CEO Mark McClain, Kevin Cunningham and Jackie Gilbert. McClain previously worked at Hewlett-Packard and IBM/Tivoli Systems.[2] In 2000, McClain founded Waveset Technologies, an internet solutions provider, which was acquired by Sun Microsystems in 2003.[3]
In 2007, SailPoint raised US$10 million in Series B funding, followed a year later by US$6.5 million in Series C.[4]
In January 2012, Sailpoint acquired access control startup Cloudmasons.[5]
In July 2015, Sailpoint acquired data-access-governance software company Whitebox Security.[6]
In November 2017, SailPoint had its initial public offering on the New York Stock Exchange.[7][8][9]
In October 2019, SailPoint acquired cloud security startups OverWatchID and Orkus.[10]
In February 2021, SailPoint acquired Intello, an early-stage SaaS management startup.[11]
In March 2021, SailPoint acquired ERP Maestro, a SaaS-based solution for monitoring SoD controls and managing access controls in business applications such as SAP.[12]
In April 2022, SailPoint entered into a definitive agreement to be acquired by investing firm Thoma Bravo in an all-cash transaction that valued SailPoint at approximately $6.9 billion.[13]
Products
SailPoint’s Identity Security Platform can be delivered as SaaS (IdentityNow) or as software/cloud-hosted (IdentityIQ), with a series of additional capabilities that include File Access Management, Cloud Access Management, SaaS Management, Access Risk Management, Access Insights, Recommendations and Access Modeling.[14] Combinations of these products are also available as suites.[15]
Services
SailPoint’s identity security platform provides companies with an artificial intelligence and machine learning driven approach that gives remote workforces secure cloud access and addresses compliance regulations within a zero trust security model.[16]
In August 2021, the company released Workflows, a visual tool for creating and managing complex IT tasks via APIs and event triggers.[17][18][19]
SailPoint hosts an annual “Navigate” identity security conference. In 2021, the conference featured Yossi Ghinsberg as a keynote speaker.[20]
References
- ↑ Grossman, Matt. "SailPoint Technologies Rises on 4Q Earnings, 1Q Guidance". MarketWatch. Retrieved March 1, 2022.
- ↑ "Mark McClain, SailPoint Technologies Holding Inc.: Profile". Bloomberg.
- ↑ "Sun to acquire Waveset Technologies". Network World. 18 November 2003. Retrieved November 28, 2003.
- ↑ "SailPoint locks down $6.5 million for European expansion". Austin Business Journal. Retrieved August 19, 2008.
- ↑ Calnan, Christopher (May 22, 2012). "SailPoint Technologies buys another Austin company". Austin Business Journal. Retrieved 2023-02-18.
- ↑ Calnan, Christopher (Jul 15, 2015). "SailPoint Technologies to buy California security software maker". Austin Business Journal. Retrieved 2023-02-18.
- ↑ Barr, Greg. ""SailPoint IPO brings in $240M, far exceeding initial projections". Austin Business Journal. Retrieved November 17, 2017.
- ↑ Roof, Katie (17 November 2017). "Identity solutions business SailPoint up 8% following IPO". TechCrunch. Retrieved November 17, 2017.
- ↑ Witkowski, Wallace (18 November 2017). ""SailPoint Valued at More than $1 Billion on First Day of Trading After IPO". MarketWatch. Retrieved November 18, 2017.
- ↑ Novinson, Michael (16 October 2019). ""SailPoint Buys Two Cloud Security Startups For $37.5 Million". CRN. Retrieved October 16, 2019.
- ↑ Miller, Ron (19 February 2021). "SailPoint is Buying SaaS Management Startup Intello". TechCrunch. Retrieved February 19, 2021.
- ↑ Kuppinger, Martin. "SailPoint to Strengthen Their SAP Access Control and SoD Control Capabilities by Acquiring ERP Maestro". KuppingerCole. Retrieved March 18, 2021.
- ↑ Hu, Krystal, Matthews, Eva (11 April 2022). ""Thoma Bravo to buy SailPoint for $6.1 billion in cybersecurity push". Reuters. Retrieved April 11, 2022.
- ↑ "Products for Identity Security". SailPoint. Retrieved March 4, 2022.
- ↑ "SailPoint's two new product suites enable organizations to empower their workforce". HelpNetSecurity. 7 April 2022. Retrieved April 7, 2022.
- ↑ "SailPoint CEO on Being the 'Brains Behind the Glass' in Cybersecurity". CNBC, Mad Money. 10 August 2020. Retrieved August 10, 2021.
- ↑ "Identity Management Org SailPoint Unveils No-Code Tool". VentureBeat. 21 August 2021. Retrieved August 21, 2021.
- ↑ Duncan, Riley (17 August 2021). "SailPoint's New Workflow Offering Automates Complex and Repetitive Tasks". Silicon Angle. Retrieved March 4, 2022.
- ↑ Vizard, Michael (21 August 2021). "Identity management org SailPoint unveils no-code tool". VentureBeat. Retrieved August 21, 2021.
- ↑ Deamer, Lanna (23 August 2021). "SailPoint unveils next-gen of identity security during keynote at Navigate 2021". IOTInsider. Retrieved August 23, 2021.
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