Austin cybersecurity co. SailPoint raises $1.38B in IPO

Significant revisions to data on Venture Capital funding data in Pitchbook’s Q3 Venture Monitor have propelled the Austin region to the third-largest VC market in the US– the Region’s highest ranking ever.

Pitchbook released their Q2 Venture Capital report, showing that companies in the Austin region raised approximately $6.5B YTD, more than twice the money raised in the same period during 2025 ($2.9B). Additionally, the Bureau of Labor Statistics released 2025 Occupational Employment and Wage Statistics, showing that the Austin region is fourth among the top 50 metros in the percent of STEM jobs.