SailPoint Scores $6.5M

Austin-based SailPoint said Tuesday that the firm has raised $6.5M in a Series C round of funding. The round came from the firm's existing investors, which include Austin Ventures, Lightspeed Venture Partners, Origin Partners and Silverton Partners. SailPoint, which develops identity management software used for IT compliance and risk management, said the funding brings the company's total raised to $20.5M. More information »