Cybersecurity firm SailPoint returns to markets as the first major tech IPO of the year
A cybersecurity play makes another return to public markets. SailPoint (SAIL) is poised to start trading at the Nasdaq on Thursday. The company priced its initial public offering (IPO) at the top end of its targeted range of $21 to $23, raising $1.38 billion in proceeds. The company’s valuation ahead of its IPO stood at…