SailPoint execs await the stock's first trade at the Nasdaq on its IPO day Thursday. · Brian Sozzi. The identity management tech firm is no stranger to public markets. Thoma Brav

Texas-based cybersecurity company SailPoint (SAIL) priced its upsized IPO of 60M shares at a public offering price of $23.00 per share.

(Reuters) -SailPoint priced its New York initial public offering at the top-end of its marketed range of $21-$23 on Thursday, raising $1.38 billion for the identity security firm and the selling stockholder.

Cybersecurity company SailPoint Technologies (SAIL) is set to begin trading on the Nasdaq (^IXIC) on Thursday after pricing its IPO (Initial Public Offering) at $23 per share, raising $1.38 billion. SailPoint,

Austin-based identity security company SailPoint Inc. went public Feb. 13 and raised about $1.38 billion in an initial public offering that grew in price in recent days, Bloomberg reported. That came a day after the company announced the pricing of its upsized IPO of 60 million shares of its common stock at a public offering price of $23 per share.

Cybersecurity firm SailPoint said on Tuesday it is now seeking a valuation of up to $12.57 billion in its U.S. initial public offering, signaling strong demand for the year's first major test of investor appetite for tech stocks.

SailPoint Inc. and a group of shareholders including its main backer, Thoma Bravo, raised $1.38 billion in an enlarged initial public offering for the enterprise security software company, pricing shares at the top of a marketed range.

Austin-based cybersecurity company SailPoint will once again become a publicly traded company. As it starts its roadshow for its upcoming initial public offering, the company is seeking to raise about $1 billion by pricing about 50 million shares at $19 to $21 each. It will likely trade on the Nasdaq under the ticker "SAIL."

SailPoint priced its New York initial public offering at the top-end of its marketed range of $21-$23 on Thursday, raising $1.38 billion for the identity security firm and the selling stockholder. (This story has been corrected to remove an extraneous word in the headline) (Reporting by Arasu Kannagi Basil and Pretish M J in Bengaluru;