Ping Identity

Denver, United States Founded: 2002 • Age: 24 yrs Listed Acquired By Thoma Bravo
Cloud-based identity management solutions are provided for enterprises.

About Ping Identity

Ping Identity is a Technology company based in Denver (United States) founded in 2002 by Andre Durand, and was acquired by Thoma Bravo in August 2022. Cloud-based identity management solutions are provided for enterprises. Ping Identity has raised $136.89 million across 17 funding rounds from investors including SVB, KKR and Hercules Capital. The company has 821 employees. Ping Identity has completed 6 acquisitions, including Accells, Elastic Beam and Keyless. Its chief executive, as recorded, is Andre Durand. Its website pingidentity.com draws about 2.7 million monthly visits. Its focus areas include Enterprise Infrastructure, Cybersecurity, IAM and Unified IAM. Its competitors include Okta, ForgeRock and Stytch; 3 of its 3 listed competitors have raised funding.

Company details

Ping Identity was founded in 2002 in Denver, United States, focusing on the identity management sector. Cloud-based solutions are delivered to enable federated access to applications through existing infrastructure. Single sign-on capabilities are supported, including sign-ins from social networking sites for security enhancement. Products encompass PingOne Neo, orchestration tools, threat protection, identity verification, the PingOne cloud platform, and customer-focused options.

  • Headquarters Denver, United States
  • Employees 821
  • Founders Andre Durand
  • Stage Acquired
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Computer Security
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website pingidentity.com/en.html
  • Social LinkedIn X Facebook
  • Acquired by Thoma Bravo (Aug 2022)
Key Metrics
  • Annual Revenue
    $36.94 M (USD)
    51
    as on Dec 31, 2022
  • Net Profit
    $2.5 M (USD)
    520
    as on Dec 31, 2022
  • Total Equity Funding
    $136.89M (USD)

    in 17 rounds

  • Latest Funding Round
    $182.4K (USD), Series E

    Nov 2014

  • Investors
    SVB

    & 15 more

  • Employee Count
    821
  • Investments & Acquisitions
    Accells

    & 5 more

  • Acquired by
    Thoma Bravo

    & 1 more

    (Aug 2022)

Funding Insights of Ping Identity

Ping Identity has successfully raised a total of $136.89M across 17 strategic funding rounds. The most recent funding activity was a Series E round of $182.4 thousand completed in November 2014. 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 $136.89M
  • Total Rounds 17
  • Last Round Series E β€” $182,400
  • First Round $60,520

    (Dec 2002)

  • Investors Count 14

Latest 10 of 17 funding rounds of Ping Identity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2014$182,400Series E––
–
Sep 2014$35MSeries E–KKR
Nov 2013$576,739Series E––
–
Aug 2013$336,000Series E––
–
Jul 2013$44MSeries E–DFJ Growth, W Capital Partners
Jul 2011$12,500Series E––
–
Jun 2011$21MSeries D–Triangle Peak Partners, SVB
Jan 2009$8MSeries C––
–
Jan 2009$45,000Debt – Conventional––
–
Oct 2006$13MSeries C––
Valuation history

16 investors in total: 16 institutional.

Investors in Ping Identity

Ping Identity has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, KKR and Hercules Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Multiple sectors are invested in by this private equity firm.
1976kkr.comNew York, United States
Early & growth stage centric tech-focused VC firm investing in cybersecurity startups
1011vc.comBoston, United States
US focused VC firm
dfj.comMenlo Park, United States
Investment management firm which invests in direct secondary market
2001wcapgroup.comNew York, United States
Venture capital investments are directed toward companies in multiple sectors.
volitioncapital.comBoston, United States
Private equity and VC-based investment firm
trianglepeakpartners.comPalo Alto, United States
Appian Ventures is engaged in venture capital investments.
appianvc.comLittleton, United States
Venture capital firm partnering with enterprise software companies and early-stage funds.
sapphireventures.com
Investment and transformation services for entrepreneurs in technology and finance sectors.
generalcatalyst.com
Investments are directed toward innovative technology startups by DFJ Growth.
dfjgrowth.comMenlo Park, United States
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Investor details for Ping Identity

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People of Ping Identity

600 people are tracked at Ping Identity (125 in leadership, 475 in team); the tracked headcount is 821.

NameRoleGroup
Andre Durand
Founder & CEOLeadership
Steve Gerrard
Director Sales Engineering - Uk&i, Northern Europe, And Emerging MarketsLeadership
Adam Preis
Director Product Solution MarketingLeadership
Kailashyar K
Regional Sales DirectorLeadership
Advait Deodhar
Vp, Americas Sales EngineeringLeadership
Dirk Decker
Regional Sales Director DACHLeadership
Kris Baritt
Vice PresidentLeadership
Jeff Oakes
Senior Director, Solutions ArchitectureLeadership
Mark Wilson
Director Of Product ManagementLeadership
Asaf Foox
Director Software QALeadership
Allison Jackson
Vp, FinanceLeadership
Monique Cadena
Senior Director, Knowledge, Digital Cx/ex, Community & EnablementLeadership
Michael Sanchez
Director, Demo Operations & EngineeringLeadership
Rodney Apura
Vp, Customer Success AmericasLeadership
Craig Solberg
Chief Customer OfficerLeadership
Rakesh Thaker
Chief Development OfficerLeadership
Jasie Fon
Regional Vice President AsiaLeadership
Rob Otto
Field Cto/senior Principal Sales EngineerLeadership
Ashwath Akirekadu
Director Of Software EngineeringLeadership
Ayelet Avni
Vice President Of Product ManagementLeadership

580 more people are available in the full profile.

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Investments & Acquisitions by Ping Identity

Ping Identity has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Accells, Elastic Beam and Keyless.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based biometric authentication and identity management solutions are provided.
keyless.ioLondon, United Kingdom2018Jan 2026β€’β€’β€’β€’
Multifactor authentication IAM solutions are provided for multiple devices.
singularkey.comCupertino, United States2019Sep 2021β€’β€’β€’β€’
Behavioral security and risk assessment for mobile apps are provided.
securedtouch.comRamat Gan, Israel2014Jun 2021β€’β€’β€’β€’
Digital identity verification is enabled through blockchain and cryptographic hashing.
shocard.comPalo Alto, United States2015Oct 2020β€’β€’β€’β€’
Software solution to optimize and secure API and microservices traffic
elasticbeam.comSan Francisco, United States2014Jun 2018β€’β€’β€’β€’
Provider of mobile ID based identity and access management solution
accells.comPetah Tikva, Israel2008Mar 2014β€’β€’β€’β€’
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Complete acquisition details for Ping Identity

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Timeline of Ping Identity

14 dated milestones of Ping Identity across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ping Identity is founded.
  2. Funding First funding round of $61K.
  3. Acquisition Acquires Accells.
  4. Funding Latest funding round, Series E, of $182K.
  5. Exit Acquired by Vista Equity Partners.
  6. Acquisition Acquires Ping Identity.
  7. Acquisition Acquires Elastic Beam.
  8. IPO Lists on the stock exchange (IPO).
  9. Acquisition Acquires Ping Identity.
  10. Acquisition Acquires Ping Identity.
  11. Acquisition Acquires SecuredTouch.
  12. Acquisition Acquires Singular Key.
  13. Exit Acquired by Thoma Bravo.
  14. Acquisition Acquires Keyless.

Competitors of Ping Identity

Ping Identity has 3 listed competitors in our database, 3 of them funded. They include Okta, ForgeRock and Stytch.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
okta.com2009San Francisco, United States$228.5M5,908
Cloud-based identity management and authentication are provided for enterprises.
forgerock.com2010San Francisco, United States$233.74M353
Cloud-based identity verification solutions are provided for customers.
stytch.com2020San Francisco, United States$146M28
User authentication solutions are provided for modern applications.
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Detailed competitors of Ping Identity

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Web traffic of Ping Identity

The website of Ping Identity (pingidentity.com) receives about 2.7M visits a month and ranks #27,292 among all websites worldwide, #3,455 in Computer Security.

  • Monthly visits
    2.7M

    ▼ 1% vs previous month

  • Unique visitors
    691.1K

    per month

  • Global rank
    #27,292

    among all websites

  • Category rank
    #3,455

    Computers Electronics and Technology · Computer Security

Similar websites

Websites whose visitors overlap most with Ping Identity. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
symplified.com
100%
View details
fischerinternational.com
fischerinternational.com
99%
–
openid.net
openid.net
96%
#254,372–
projectliberty.org
projectliberty.org
95%
#10,811,056–
saml.xml.org
saml.xml.org
94%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Ping Identity

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  • 40 similar websites
  • Audience overlap
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Top companies in PaaS & SaaS Platforms

3 companies that operate in the same segment as Ping Identity (PaaS & SaaS Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 311.32 MUSD 2.46 B8,070
Cloud-based software for continuous application development and deployment.
2013San Francisco, California, United StatesUSD 212 M205
Cloud based integrated application development platform
2011New York, New York, United StatesUSD 173.73 MUSD 901.43 M2,498
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Related news about Ping Identity

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Frequently Asked Questions about Ping Identity

Ping Identity was founded in 2002.

Ping Identity is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Andre Durand is the CEO of Ping Identity, as recorded in our data. They have also founded this company.

Ping Identity is a funded company, having raised a total of $136.89M across 17 funding rounds to date. The company's 1st funding round was a Series C of $13M, raised on Dec 2002.

Ping Identity has 821 employees.

Annual revenue of Ping Identity is $36.94M as on Dec 31, 2022.

Ping Identity was founded in 2002 in Denver, United States, focusing on the identity management sector. Cloud-based solutions are delivered to enable federated access to applications through existing infrastructure. Single sign-on capabilities are supported, including sign-ins from social networking sites for security enhancement. Products encompass PingOne Neo, orchestration tools, threat protection, identity verification, the PingOne cloud platform, and customer-focused options.

Ping Identity's top competitors include Okta, ForgeRock and Stytch.

Ping Identity has made 6 acquisitions, including Accells, Elastic Beam, and Keyless.

Ping Identity has 16 investors. Key investors include SVB, KKR, Hercules Capital, Thoma Bravo, and W Capital Partners.

Yes. Ping Identity was acquired by Thoma Bravo in August 2022.

The website of Ping Identity receives about 2.7 million visits a month and ranks #27,292 among all websites worldwide.

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