Identity management startup SailPoint Technologies raises $6.5M
SailPoint Technologies, a company that helps corporations manage issues around identity, user access and regulatory compliance, has raised $6.5 million in a third round of funding. All of the company’s existing investors, including Austin Ventures, Lightspeed Venture Partners, Origin Partners and Silverton Partners, participated.
Austin, Tex.-based SailPoint licenses its software to corporations, and says its customers include five of the world’s top 12 banks and three of the largest insurance companies. The startup has now raised a total of $20.5 million, according to VentureWire.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.