Wednesday, October 11, 2006

Ping Identity Raises $13M

Denver, Colorado-based Ping Identity Corporation said today that it has raised $13M in a Series C funding round, led by Appian Ventures. The firm said that prior investors Draper Fisher Jurvetson, General Catalyst Parnters, Fidelity Ventures, SAP Ventures, and I-Vent also participated. Ping Identity develops identity technology used for securing business systems. More information »