Identity management startup SailPoint Technologies raises $6.5M
SailPoint Technologies, a company that helps corporations manage issues around identity, user access and regulatory compliance, has raised $6.5 million in a third round of funding. All of the company’s existing investors, including Austin Ventures, Lightspeed Venture Partners, Origin Partners and Silverton Partners, participated.
Austin, Tex.-based SailPoint licenses its software to corporations, and says its customers include five of the world’s top 12 banks and three of the largest insurance companies. The startup has now raised… Continue Reading
Venafi raises $5M to offer meta-encryption service for large companies
Venafi, a company that says it is the first to offer large companies a service that manages all of their encryption technologies, has raised a $5 million second round of funding led by Silicon Valley venture firm Foundation Capital.
This brings the company’s total to $16 million. Previous investors Origin Partners and UV Partners also participated in this round.
Venafi does things like make sure encryption options are turned on in software and applications being run… Continue Reading