Private Equity Portfolio
Next generation identity and access management software for global enterprises.
Ping Identity Corporation (NYSE: PING) is a leading provider of next-generation identity and access management software to enterprises globally. The Company’s solutions are used by organizations to secure the identities of their employees, partners, and customers, and enable secure access to any application from any device. Ping Identity’s breadth of functionality has allowed the Company to become a market-leading player in one of the most rapidly growing subsectors within enterprise security, securing over 1 billion identities, and protecting critical assets for some of the world’s largest enterprises. Ping Identity was founded in 2002 and serves over 1,500 customers.
Ping Identity is headquartered in Denver, CO with operations across the United States, Canada, Europe, Asia, and Israel.
Vista Equity Partners Fund VI completed a buyout of Ping Identity in June 2016. Ping Identity listed on the NYSE on September 19, 2019.
Elastic Beam provides AI-powered cyberattack protection to an organization’s API infrastructure. The Company utilizes a combination of real-time and AI-powered security solutions that detect, report, and stop cyberattacks on exposed data and applications through APIs and an unsupervised machine learning algorithm. Elastic Beam’s core product, API Behavioral Security (ABS), understands API transactions and can differentiate between normal activity and what is potentially an attack as well as deliver complete tracking of all API activity for forensic and compliance reporting.
Ping Identity acquired Elastic Beam in April 2018.
UnboundID, based in Austin, TX, provides market-leading customer identity and access management software that enables enterprises to drive greater customer engagement and real-time personalization for end customers across channels and devices. UnboundID provides functionality to store, synchronize and broker access to customer identity and profile data, and also provides a metrics engine to monitor real-time operational performance and identity data usage. UnboundID has over 75 global customers and has deployed over 1.6 billion identities to date.
Ping Identity acquired UnboundID in August 2016.