FILE PHOTO: Mark McClain, Co-founder and CEO of Sailpoint Technologies Holdings Inc. gives an interview following his company's IPO at the New York Stock Exchange (NYSE) in New York, U.S. November 17, 2017. REUTERS/Brendan McDermid/File Photo
(Reuters) -Thoma Bravo-owned cybersecurity company SailPoint on Friday revealed a narrower nine-month loss in its paperwork for a U.S. initial public offering, helped by a rise in subscription revenue.
Cybersecurity companies are seeing strong demand as businesses try to equip themselves against growing online threats and digital fraud. AT&T and UnitedHealth Group were among the firms targeted by hacking attempts last year.
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