Identity management startup SailPoint Technologies raises $6.5M
August 20, 2008 | Anthony Ha
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.
Tags: co:SailPoint Technologies, inv:Austin-Ventures, inv:Lightspeed-Venture-Partners, inv:Origin-Partners, inv:Silverton-Partners
Anthony Ha writes about enterprise technology, cloud computing, tech policy, and random cool startups. Before joining VentureBeat in January 2008, he worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. Anthony attended Stanford University from 2001 to 2006, and now lives in San Francisco. Reach him at anthony@venturebeat.com.
