Monday, June 10, 2013

SailPoint Sails Past $100M

Austin-based SailPoint announced this morning that it has surpassed $100M in total GAAP revenue since it launched its product in 2007. The developer of IT management software said it has had a 5x increase in revenue and bookings, tripled its customer base, and tripled its headcount since it launched its product. The firm--which is privately held--did not give any annual breakdowns of the financials or run rate. SailPoint is a developer of IT management sofware. SailPoint is venture backed by Austin Ventures, Lightspeed Ventures, Origin Partners, and Silverton Partners.