ForgeRock

Digital identity and access management solutions

San Francisco, California, United States

About ForgeRock

ForgeRock provides digital identity and access management (IAM) solutions that enable secure access for consumers, employees, and connected devices. Their services help organizations manage and protect digital identities through features like dynamic access controls, identity governance, and API management, which can be utilized in cloud or hybrid environments. Unlike many competitors, ForgeRock operates on a subscription-based model, offering its IAM platform as a Software-as-a-Service (SaaS), which ensures a steady revenue stream and long-term financial stability. The company's goal is to support organizations in enhancing their security measures and facilitating seamless access for authorized users, addressing the growing concerns around cybersecurity and digital transformation.

San Francisco, CaliforniaHeadquarters
2010Year Founded
$227.1MTotal Funding
IPOCompany Stage
Enterprise Software, Cybersecurity, AI & Machine LearningIndustries
201-500Employees

Risks

Integration challenges from merger with Ping Identity may affect operations.
Layoffs in San Francisco could disrupt ForgeRock's operational efficiency.
Departure of key executives may lead to strategic decision-making challenges.

Differentiation

ForgeRock offers a comprehensive IAM platform with advanced AI capabilities.
The company provides robust solutions for both enterprises and government agencies.
ForgeRock's platform supports seamless integration with IoT devices and hybrid environments.

Upsides

Growing demand for zero-trust security frameworks boosts ForgeRock's market potential.
Rising adoption of passwordless authentication enhances ForgeRock's competitive edge.
Expansion of IoT devices increases need for ForgeRock's identity management solutions.

Funding

Total raised$227.13 M
Latest valuation$2.30 B
StageIPO
BUYOUT
9/30/2022
$2.3 K
$2.30 B
IPO
8/31/2021
$275
$2.00 B
SERIES E
3/31/2020
$94
$467.50 M
SERIES D
8/31/2017
$88
$440.00 M
SERIES C
5/31/2014
$30
$150.00 M
SERIES B
3/31/2013
$15
$75.00 M
SERIES A
2/29/2012
$7
$35.00 M