About Ping Identity
Ping Identity is a company based in Palo Alto (United States) founded in 2015 was acquired by Ping Identity in October 2020. It operates as a SaaS (Software-as-a-Service), and Managed Services. Ping Identity has raised $5.75 million across 3 funding rounds from investors including Ping Identity, Digital Currency Group and Storm Ventures. The company has 448 employees as of September 30, 2018. Ping Identity offers products and services including Ping Identity Platform, Helix AI Engine, and PingOne Advanced Identity Cloud. Ping Identity operates in a competitive market with competitors including Allegion, BitGo, Riskified, Signifyd and Digio, among others.
- Headquarter Palo Alto, United States
- Employees 448 as on 30 Sep, 2018
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ping Identity India Pvt Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.75 M (USD)
in 3 rounds
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Latest Funding Round
$250 K (USD), Series A
Feb 20, 2018
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Investors
Ping Identity
& 8 more
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Employee Count
448
as on Sep 30, 2018
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Acquired by
Ping Identity
(Oct 07, 2020)
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Products & Services of Ping Identity
Ping Identity offers a comprehensive portfolio of products and services, including Ping Identity Platform, Helix AI Engine, and PingOne Advanced Identity Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Identity security platform for enterprise digital protection provided.
AI engine for secure intelligent identity services offered.
Cloud solution for fraud reduction and growth provided.
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Software Development Team
281 people
Sales and Marketing
53 people
Leadership Team
48 people
Senior Team
47 people
Product Management Team
39 people
Principal Team
15 people
Finance and Accounting
13 people
Human Resources and Administration
13 people
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Funding Insights of Ping Identity
Ping Identity has successfully raised a total of $5.75M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $250 thousand completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $250,000
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First Round
First Round
(17 Jul 2015)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - Ping Identity | Valuation |
investors |
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| Aug, 2017 | Amount | Series A - Ping Identity | Valuation | AME Cloud Ventures , Morado Ventures | |
| Jul, 2015 | Amount | Seed - Ping Identity | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ping Identity
Ping Identity has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Ping Identity, Digital Currency Group and Storm Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on aerospace, biopharma, consumer, and multiple sectors
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Founded Year | Domain | Location | |
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Corporate-backed venture capital firm focused on fintech, Edtech, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ping Identity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ping Identity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ping Identity Comparisons
Competitors of Ping Identity
Ping Identity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Allegion, BitGo, Riskified, Signifyd and Digio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based access control systems and electronic security products are developed.
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| domain | founded_year | HQ Location |
Crypto-based custody, trading, and lending services are provided to institutions.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| domain | founded_year | HQ Location |
Mobile platform offering credit cards
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| domain | founded_year | HQ Location |
Identity theft is protected and prevented through cyber monitoring services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ping Identity
Frequently Asked Questions about Ping Identity
When was Ping Identity founded?
Ping Identity was founded in 2015.
Where is Ping Identity located?
Ping Identity is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Ping Identity a funded company?
Ping Identity is a funded company, having raised a total of $5.75M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 17, 2015.
How many employees does Ping Identity have?
As of Sep 30, 2018, the latest employee count at Ping Identity is 448.
What does Ping Identity do?
Ping Identity is engaged in delivering identity security solutions for digital enterprises. The company offers the Ping Identity Platform, which provides flexibility, resilience, and security to address complex identity challenges. Solutions are tailored for various sectors including government, financial services, healthcare, retail, and media telco. Advanced AI through the Helix engine is integrated to enhance protection and trust in digital experiences. The platform supports integration with existing ecosystems, ensuring seamless identity management across diverse applications and services.
Who are the top competitors of Ping Identity?
What products or services does Ping Identity offer?
Ping Identity offers Ping Identity Platform, Helix AI Engine, and PingOne Advanced Identity Cloud.
Who are Ping Identity's investors?
Ping Identity has 9 investors. Key investors include Ping Identity, Digital Currency Group, Storm Ventures, Correlation Ventures, and Recruit Strategic Partners.