ForgeRock Inc., a San Francisco, CA-based open platform provider of identity relationship management (IRM) solutions, received $30m in Series C round of funding.
The round, which brought the company’s total funding to $52m, was led by Meritech Capital Partners with existing investors Accel Partners and Foundation Capital. As part of the investment, Paul Madera, co-founder and managing director of Meritech, will be joining ForgeRock’s board of directors.
The company intends to use the funds to accelerate product development and innovation, and grow globally via expanded sales and marketing efforts.
Founded in 2010 and led by Mike Ellis, CEO, ForgeRock provides an open, unified identity relationship management platform to deliver customer-facing solutions to any device or “thing”, on-premises or in the cloud, enabling products and services like the connected car, eGovernment and healthcare wearables, among others.
The company has more than half a billion end users of its IRM solution in 30 countries and five continents.
Customer include Toyota, Thomson Reuters, GEICO, Yellow Pages Canada and McKesson.
FinSMEs
19/06/2014