SailPoint Technologies Holdings, which provides identity and access management software, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The Austin, TX-based company was founded in 2005 and booked $150 million in sales for the 12 months ended June 30, 2017. It plans to list on the NYSE under the symbol SAIL. SailPoint filed confidentially on August 11, 2017. Morgan Stanley, Citi, Jefferies and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
