Cloud-based identity security company Ping Identity has raised $35m in a late-stage round featuring SAP Ventures that will be used to meet customer demand.
US-based cloud security company Ping Identity raised $35m in funding on Thursday from investors including SAP Ventures, the corporate venturing unit of Germany-based software company SAP.
Investment firm KKR led the round, which also included venture capital firms Ten Eleven Ventures, Draper Fisher Jurvetson, General Catalyst Partners, W Capital Partners, Volition Capital, Triangle Peak Partners and Appian Ventures.
Ping Identity provides cloud-based identity management software for companies and government organisations. The funding will be used to support product innovation and…
