SailPoint Valued at $12.8 Billion Amidst Tepid IPO Market

Reported 26 days ago

SailPoint's shares debuted at $23 each, valuing the Thoma Bravo-backed identity security company at $12.8 billion during a lackluster IPO market return. Despite heightened scrutiny over valuations, the company is well-positioned to address growing concerns over cyber threats, as emphasized by reports of increasing global cyberattacks and stricter privacy regulations.

Source: YAHOO

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