Thoma Bravo's Behind the Deal

How SailPoint Keeps Business Identities Safe

Mar 23, 2023
SailPoint Co-Founder and CEO, Mark McClain, discusses forging a relationship with Thoma Bravo that led to a successful IPO and acquisition, highlighting the importance of cultural fit and price competition. They also discuss the journey of CellPoint Technologies in the Enterprise Identity Management space and the importance of identity management in large organizations. The podcast explores their technology's ability to prevent incidents like rogue traders exploiting access privileges. Additionally, they discuss receiving interest from big tech companies, the decision to pursue a growth equity round, and impressing a high-growth innovator in the identity security field. The episode concludes with the company's transition to a cloud-first model, challenges faced, and the possibility of going public again.
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