Control Solutions, SailPoint Launch New Software

Austin, Texas-based software developer Sailpoint Technologies and risk management firm Control Solutions International have partnered to produce a comprehensive application that will help businesses control critical information, the companies announced Tuesday. The companies said that the product, known as the Identity Risk Management Service, will improve an organization's ability to identify, analyze and reduce business risk associated with user access to critical enterprise systems and data, the companies said. Headquartered in Nashua, N.H., Control Solutions provides internal audit, compliance and risk management consultation services. Sailpoint is venture backed by LightSpeed Venture Partners, Austin Ventures, Origin Partners, and Silverton Partners.