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Ping Identity provides an identity security platform for comprehensive access management across customer, workforce, and partner identities. It delivers secure, frictionless digital experiences through single sign-on, multi-factor authentication, API security, and intelligent access management, utilizing federated identity and attribute-based controls. The platform supports various deployment models to meet diverse enterprise needs.
Andre Durand and Bryan Field-Elliot co-founded Ping Identity in 2002, recognizing the critical need for advanced identity management. Their insight focused on developing federated identity and self-hosted access technologies, evolving web authentication beyond passwords for a secure, streamlined digital environment. This foundational vision guided the company's early development and strategic direction.
The company serves diverse enterprise clients, including those in financial services and healthcare, assisting with data protection and compliance requirements. Ping Identity’s mission is to secure every identity and power trusted digital experiences, adapting to dynamic challenges. It strives for robust security and seamless user interaction in the evolving landscape of digital access management.
Ping Identity has raised $127.0M across 6 funding rounds.
Key people at Ping Identity.
Ping Identity was founded in 2002 by Andre Durand (Founder & CEO) and Bryan Field-Elliot (co-founder).
Ping Identity has raised $127.0M in total across 6 funding rounds.
Ping Identity was founded in 2002 by Andre Durand (Founder & CEO) and Bryan Field-Elliot (co-founder).
Ping Identity has raised $127.0M in total across 6 funding rounds.
Ping Identity's investors include Accel, Andreessen Horowitz, CRV, Flex Capital, Foundation Capital, General Catalyst, Mango Capital, Sapphire Ventures, Ten Eleven Ventures.
# Ping Identity: A Leading Enterprise Identity Security Platform
Ping Identity is an enterprise identity and access management (IAM) software company that helps organizations secure, control, and monitor access to applications, services, and data across cloud, mobile, and on-premises environments[1][3]. The company provides a comprehensive platform enabling single sign-on (SSO), multi-factor authentication (MFA), federated identity management, and API security[2].
Ping Identity serves large enterprises across critical sectors including financial services, healthcare, aerospace, retail, and automotive[7]. The company manages over 3 billion identities and operates behind more than half of the Fortune 100, including 13 of the 15 largest U.S. banks and 7 of the 9 largest global healthcare companies[4][7]. Its core value proposition centers on enabling frictionless user access while maintaining enterprise-grade security and compliance at scale.
Ping Identity was founded in 2002 by Andre Durand and Bryan Field-Elliot in Denver, Colorado[1]. The company emerged during a period when enterprises faced growing complexity in managing authentication and access across heterogeneous IT environments—a challenge that traditional password-based systems could not adequately address[2].
The founders built Ping Identity around open standards such as SAML and OAuth, positioning the company as a standards-based alternative to proprietary identity solutions[1][3]. This architectural choice proved prescient, as it allowed enterprises to integrate Ping's solutions across diverse technology stacks without vendor lock-in. The company grew to become a publicly traded enterprise before being acquired by private equity firm Thoma Bravo in October 2022, transitioning to private ownership[1].
Ping Identity operates at the intersection of two powerful trends: digital transformation and the shift from password-based to identity-centric security. As enterprises accelerate cloud adoption, mobile-first strategies, and API-driven architectures, the complexity of managing access across disparate systems has become a critical business challenge[2][3].
The company competes within the "identity meta system"—an interoperable ecosystem that includes Okta, Microsoft Azure, Salesforce, and Google[1]. Rather than positioning itself as a monolithic replacement, Ping emphasizes standards-based integration, allowing enterprises to build heterogeneous identity stacks. This approach has made Ping particularly attractive to large, complex organizations with legacy systems and stringent compliance requirements.
The rise of AI-driven threats and the need for adaptive, context-aware authentication have further elevated Ping's relevance. The company's recent focus on Helix, a strategic initiative for AI-driven identity services, signals its commitment to addressing next-generation security challenges[6].
Ping Identity has established itself as the identity platform of choice for enterprises that cannot tolerate vendor lock-in or compromise on scale and security. Its private equity backing under Thoma Bravo provides capital for innovation while removing public market pressures, allowing the company to invest aggressively in emerging capabilities like AI-powered threat detection and privacy-preserving biometrics[6].
Looking ahead, Ping's trajectory will likely be shaped by three forces: the accelerating adoption of zero-trust security models, the integration of AI into identity workflows, and the growing regulatory focus on data privacy and identity verification. As enterprises grapple with AI-driven impersonation attacks and the need for verifiable digital credentials, Ping's investments in biometrics and AI-driven detection position it well to capture this expanding market[6].
The company's dominance among Fortune 100 firms and critical infrastructure sectors suggests that identity security will remain a strategic priority for enterprises—and Ping Identity will remain central to how they solve it.
Key people at Ping Identity.
Ping Identity has raised $127.0M across 6 funding rounds. Most recently, it raised $35.0M Series F in September 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 1, 2022 | Allthenticate | $3.0M Seed | Silverton Partners | Amplify.LA, Baird Capital, Norwest Venture Partners, Connor Sundberg |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2014 | $35.0M Series F | Accel, Andreessen Horowitz, CRV, Flex Capital, Foundation Capital, General Catalyst, Mango Capital, Sapphire Ventures, Ten Eleven Ventures | |
| Jul 1, 2013 | $44.0M Series E | Accel, Andreessen Horowitz, CRV, Flex Capital, Foundation Capital, General Catalyst, Mango Capital, Sapphire Ventures | |
| Jun 1, 2011 | $21.0M Series D | Accel, Andreessen Horowitz, CRV, Flex Capital, Foundation Capital, General Catalyst, Mango Capital, Sapphire Ventures | |
| Oct 1, 2006 | $13.0M Series C | Accel, Andreessen Horowitz, CRV, Flex Capital, Foundation Capital, General Catalyst, Mango Capital, Sapphire Ventures | |
| May 1, 2005 | $8.0M Series B | Accel, Andreessen Horowitz, CRV, Flex Capital, Foundation Capital, General Catalyst | |
| Apr 1, 2004 | $6.0M Series A | Accel, Andreessen Horowitz, CRV, Flex Capital, Foundation Capital, General Catalyst |
