Ping Identity Raises $44 Million for Next-Gen Identity Management

W Capital Partners and DFJ Growth Lead Round as Company Surpasses 1,000 CustomersLondon, UK – 16th July, 2013 — Ping Identity®, The Identity Security Company™, today announced that it has closed a $44 million investment round led by W Capital Partners and DFJ Growth with participation from existing investors—General Catalyst Partners, Draper Fisher Jurvetson, Volition Capital Partners, Triangle Peak Partners, SAP Ventures, and Appian Ventures, with debt provided by Silicon Valley Bank. W Capital Partners also joins the Ping Identity board of directors.

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