Ping Identity
| Company type | Private |
|---|---|
| Industry | IT Software & Services |
| Founded | 2002 |
| Founders |
|
| Headquarters | , United States |
Number of locations | 11 |
Key people | Andre Durand (CEO) |
| Products |
|
| Owner | Thoma Bravo |
| Website | pingidentity |
Ping Identity is an American software company that provides identity management and access control solutions for web identities, allowing users to access applications with a single set of credentials. The company has offices in various locations worldwide and offers products such as PingID, PingFederate, and PingOne. Ping Identity has received funding from various investors and was acquired by Thoma Bravo in 2022.
History[change | change source]
Ping Identity founded in 2002 by Andre Durand and Bryan Field-Elliot, in Denver, Colorado.[1]
Ping Identity has received a number of rounds of funding, beginning with a Series A on April 16, 2004.[2]
Ping Identity was listed on the New York Stock Exchange with 12,500,000 shares of common stock at $15.00 per share.[3] It has received $35 million on September 18, 2014,[4] $44 million from DFJ Growth and W Capital Partners on July 16, 2013,[5] as well as $21 million on June 21, 2011,[6] and $13 million from Appian Ventures.[7]
In August 2022, Thoma Bravo bought Ping Identity for $2.8 billion in an all-cash transaction.[8]
References[change | change source]
- ↑ "What Is Ahead For Ping Identity?". finance.yahoo.com. Retrieved 2020-06-23.
- ↑ Shankland, Stephen. "Open-source start-up gets funding". CNET. Retrieved 2020-06-16.
- ↑ "Ping Identity Holding Corp. Form S-1". U.S. Securities and Exchange Commission. Retrieved 2020-06-16.
- ↑ "Ping Identity Picks Up $35M Led By KKR". TechCrunch. 18 September 2014. Retrieved 2020-06-16.[permanent dead link]
- ↑ Novet, Jordan (2013-07-16). "Ping Identity gets $44M to make SaaS usage simple and secure". gigaom.com. Archived from the original on 2020-06-16. Retrieved 2020-06-16.
- ↑ "Ping Identity gains $21 million". The Denver Post. 2011-06-21. Retrieved 2020-06-16.
- ↑ "Ping attracts $13M from backers". American City Business Journals. 2006-10-11.
- ↑ Prakash, Prarthana (2022-08-03). "Ping Identity Surges After Thoma Bravo Deal Announced". Bloomberg News. Archived from the original on 2022-08-03.