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Draft:SailPoint

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  • Comment: Resubmitted without improvement. Slywriter (talk) 03:00, 22 January 2023 (UTC)
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SailPoint
Company typePublic
NYSESAIL
IndustryEnterprise software
FoundedDecember 2005
Headquarters
Key people
  • Mark McClain (CEO)
  • Colleen Healy (CFO)
ProductsSailPoint Identity Security Platform
RevenueIncrease $439 million (2021)[1]
Number of employees
1,800+ (March 2022)
Websitewww.sailpoint.com

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

[edit]

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 Thoma Bravo, a leading software investment firm, in an all-cash transaction that valued SailPoint at approximately $6.9 billion.[13]

Products

[edit]

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

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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

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  1. ^ Grossman, Matt. "SailPoint Technologies Rises on 4Q Earnings, 1Q Guidance". MarketWatch. Retrieved March 1, 2022.
  2. ^ "Mark McClain, SailPoint Technologies Holding Inc.: Profile". Bloomberg.
  3. ^ "Sun to acquire Waveset Technologies". Network World. 18 November 2003. Retrieved November 28, 2003.
  4. ^ "SailPoint locks down $6.5 million for European expansion". Austin Business Journal. Retrieved August 19, 2008.
  5. ^ Calnan, Christopher (May 22, 2012). "SailPoint Technologies buys another Austin company". Austin Business Journal. Retrieved 2023-02-18.
  6. ^ Calnan, Christopher (Jul 15, 2015). "SailPoint Technologies to buy California security software maker". Austin Business Journal. Retrieved 2023-02-18.
  7. ^ Barr, Greg. ""SailPoint IPO brings in $240M, far exceeding initial projections". Austin Business Journal. Retrieved November 17, 2017.
  8. ^ Roof, Katie (17 November 2017). "Identity solutions business SailPoint up 8% following IPO". TechCrunch. Retrieved November 17, 2017.
  9. ^ Witkowski, Wallace. ""SailPoint Valued at More than $1 Billion on First Day of Trading After IPO". MarketWatch. Retrieved November 18, 2017.
  10. ^ Novinson, Michael (16 October 2019). ""SailPoint Buys Two Cloud Security Startups For $37.5 Million". CRN. Retrieved October 16, 2019.
  11. ^ Miller, Ron (19 February 2021). "SailPoint is Buying SaaS Management Startup Intello". TechCrunch. Retrieved February 19, 2021.
  12. ^ Kuppinger, Martin. "SailPoint to Strengthen Their SAP Access Control and SoD Control Capabilities by Acquiring ERP Maestro". KuppingerCole. Retrieved March 18, 2021.
  13. ^ Hu, Krystal, Matthews, Eva (11 April 2022). ""Thoma Bravo to buy SailPoint for $6.1 billion in cybersecurity push". Reuters. Retrieved April 11, 2022.{{cite news}}: CS1 maint: multiple names: authors list (link)
  14. ^ "Products for Identity Security". SailPoint. Retrieved March 4, 2022.
  15. ^ "SailPoint's two new product suites enable organizations to empower their workforce". HelpNetSecurity. 7 April 2022. Retrieved April 7, 2022.
  16. ^ "SailPoint CEO on Being the 'Brains Behind the Glass' in Cybersecurity". CNBC, Mad Money. Retrieved August 10, 2021.
  17. ^ "Identity Management Org SailPoint Unveils No-Code Tool". VentureBeat. 21 August 2021. Retrieved August 21, 2021.
  18. ^ Duncan, Riley (17 August 2021). "SailPoint's New Workflow Offering Automates Complex and Repetitive Tasks". Silicon Angle. Retrieved March 4, 2022.
  19. ^ Vizard, Michael (21 August 2021). "Identity management org SailPoint unveils no-code tool". VentureBeat. Retrieved August 21, 2021.
  20. ^ Deamer, Lanna (23 August 2021). "SailPoint unveils next-gen of identity security during keynote at Navigate 2021". IOTInsider. Retrieved August 23, 2021.