The leadership of enterprise identity security firm SailPoint is in Singapore for a business trip, and Money Matters’ finance presenter Chua Tian Tian headed downtown to meet with the team and to find out what’s brewing for the firm.

But first, who is SailPoint and what exactly is identity security? Founded in 2005, SailPoint delivers innovative solutions that address what it describes as some of the world’s most dynamic security issues.

In particular, the company focuses on identity security by automating and streamlining the complexity of delivering the right access to the right identities at the right time.

It might sound like a mouthful, but think of SailPoint as a security guard that ensures only the right personnel enter the right office buildings and gain access only to information that they are authorised to hold.

Except that in this case, SailPoint manages and grants access to enterprise applications and data automatically, at speed and at scale.

With a presence in over 60 countries and a team of over 2,600 employees, SailPoint serves some of the biggest enterprises in the world ranging from automaker General Motors, to chocolate manufacturer Hershey.

And SailPoint is an interesting company to talk about, given how it raised US$1.38 billion in its upsized IPO on the NASDAQ in February 2025 – the first major tech listing of 2025.

Now, this is not the first time that the firm has gone public. It first did so back in 2017, three years after being acquired by private equity firm Thoma Bravo.

The story gets more exciting here, because Thoma Bravo was the one who took the company private in a second acquisition after SailPoint’s first IPO. So what was the rationale behind the second IPO, and how is SailPoint faring in the months since going public again?

Meanwhile, SailPoint said the company is setting its sights on Singapore and Asia Pacific at a time when demand for advanced, AI-driven identity security solutions is surging.

But what are the specific opportunities present in the region? What are some major investments by the firm in the region then?

In this “On the Go Special” episode of Under the Radar, Tian Tian posed these questions to Mark McClain, CEO, SailPoint.

See omnystudio.com/listener for privacy information.