UPDATED 19:02 EST / FEBRUARY 18 2021

SECURITY

SailPoint acquires Intello to increase visibility into SaaS apps

Cloud enterprise identity security company SailPoint Technologies Inc. has acquired software-as-a-service operations startup Intello Inc. for an undisclosed price.

Founded in 2017, Intello offers a SaaS operations platform designed to enable companies to discover and manage their SaaS spend, usage and compliance data. Intello’s platform monitors all internal software subscriptions to manage the lifecycle of SaaS apps and ensure application security.

On the security and compliance side, the company’s operations platform audits high-risk apps with support to revoke permissions from apps with access to sensitive data. Compliance reporting allows for the discovery of third-party connected applications as well as the ability to view and sort applications by risk level.

Support is also provided for management of third-party connected SaaS apps including those from Google LLC, Salesforce Inc., Box Inc., Dropbox Inc. and Zendesk Inc. with added support for Slack Technologies Inc. and Microsoft Corp.’s Office 365. Intello’s platform can identify unused licenses, prioritize products in use and cancel others all while delivering insights into trends to inform renewal and purchasing decisions.

Intello customers include Epic Games Inc., Peloton Interactive Inc., Smartsheet Inc., Flatiron Health Inc., Sprinklr Inc. and Workiva Inc.

For SailPoint, the pairing is said to address a current lack of visibility into what SaaS apps exist across today’s digital business combined with the critical need to properly manage and secure access to these apps for all workers. Intello’s platform will be merged into SailPoint’s Identity Platform.

“With the rapid adoption and use of cloud technologies in the past year, we want to make it incredibly easy for customers to get their arms around the risk of SaaS app sprawl,” Grady Summers, executive vice president of product at SailPoint, said in a statement. “Discovery combined with visibility are the name of the game here and we’ll be able to deliver that to our customers with Intello.”

Prior to acquisition, Intello had raised $5.8 million in venture capital funding, according to Crunchbase. Investors include Animo Ventures, Resolute Ventures and a number of individual investors.

Image: Intello

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