ForgeRock Closes $15M Series B Financing

Funding Rounds

▤ Summary

ForgeRock Inc., a San Francisco, CA-based provider of open source identity and access management (IAM) solutions, closed a $15m Series B financing.The company intends to use the capital to develop its Open Identity Stack, grow sales, and continue its global expansion.In conjunction with the funding, Warren Weiss, General Partner with Foundation Capital, will join ForgeRock’s board of advisors.Led by CEO Mike Ellis, the company recently released the latest version of its unified, open source identity stack, which secures applications and services across private, hybrid, and public clouds, as well as SaaS, mobile, and enterprise systems.The new release of the platform includes the latest versions of OpenAM and OpenIDM, and the addition of a single, unified REST API across the entire stack for building common identity services across consumer, mobile, social, and enterprise applications.

$ Funding

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Amount $15.2M Total raised
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Date April 9, 2013 Announcement date
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Investors Accel, Foundation Capital Lead investors
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Company http://www.forgerock.com Funded company

▥ Classifications

industries
HealthTech
applications
Security

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▦ Linked Companies

ForgeRock
$250M to $500M