Cloud-based identity security company moves towards 2014 IPO with latest funding round led by W Capital Partners and DFJ Growth, with participation from existing investors including SAP Ventures.
Ping Identity, a US-based IT company which provides an identity security and access management platform, has raised $44m in a series F fundraising round, led by private equity firm W Capital Partners and DFJ Growth, the later stage investing practice of venture capital firm DFJ. The round included participation from existing investors – SAP Ventures, the growth stage investment firm affiliated with Germany-based software company SAP, and venture capital firms General Catalyst Partners, Draper Fisher Jurvetson, Volition Capital, Triangle Peak…
