icon
icon
icon
icon
$300 Off
$300 Off

News /

Articles /

SailPoint (SAIL.US), a leading provider of enterprise identity security solutions, has filed for an initial public offering (IPO) in the United States, aiming to raise $1 billion.

Market IntelMonday, Jan 20, 2025 2:20 am ET
1min read

SailPoint (SAIL.US), a provider of identity management software for enterprises, filed a preliminary prospectus with the U.S. Securities and Exchange Commission on Friday to go public, planning to raise up to $1 billion.

The company offers solutions to enable comprehensive identity security for enterprises, serving customers including many of the world's largest and most complex organizations, as well as large businesses and governments across all major verticals. It offers a range of solutions to meet different needs in various deployment options, including Identity Security Cloud, a SaaS cloud solution based on the unified platform Atlas, and IdentityIQ, a customer-hosted identity security solution.

Founded in 2005 and headquartered in Austin, Texas, the company had revenue of $824 million in the 12 months ended October 31, 2024. It plans to list on the Nasdaq under the ticker SAIL, and filed a confidential filing on September 12, 2024. Morgan Stanley and Goldman are joint bookrunners for the transaction. The company has not disclosed pricing terms.

Comments

Add a public comment...
Post
User avatar and name identifying the post author
chrisbaseball7
01/20
Insider selling before new products launch could mean tough competition ahead $MS
0
Reply
User avatar and name identifying the post author
Sandra mortez
01/20

It wasn’t until I discovered the transformative potential of Bitcoin trading that my fortunes began to change. Bitcoin, with its unparalleled volatility and profit potential, presented a new avenue for wealth accumulation that I couldn’t ignore. And it was through the expert guidance of Catherine E. Russell, a seasoned trading manager on Facebook, that I finally found the success I had been seeking.
Catherine’s proficiency in navigating the complex world of cryptocurrency trading is truly remarkable. Her strategic insights, impeccable timing, and disciplined approach have enabled me to achieve consistent daily profits and regain confidence in my investment endeavors. Under her guidance, I’ve experienced firsthand the immense opportunities that the crypto market has to offer, and I firmly believe that you could benefit from her expertise as well.

0
Reply
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App