Ping Identity nearly doubles funding with $21m series D round from a consortium including SAP Ventures.
SAP Ventures, the corporate venturing unit of Germany-based software company SAP, has reinvested in the latest $21m round for US-based cloud identity security company Ping Identity.
The other investors were financial services firm Silicon Valley Bank and venture capital firms Triangle Peak Partners, Appian Ventures, Draper Fisher Jurvetson, General Catalyst Partners, and Volition Capital (formerly known as Fidelity Ventures).
Andre Durand, chief executive of Ping, said: "We’ve experienced significant growth without touching our last round of financing. Now it’s time…
