With $130M in annual revenue, next step for Austin’s SailPoint could be IPO

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SailPoint Technologies Inc. is reportedly testing the waters for an initial public offering as it continues to rack up rapid growth.

The cybersecurity company, which produces software for companies to monitor breaches and control access to their data and networks, brought in more than $130 million in revenue in 2016, up at least 30 percent from 2015, according to an announcement.