ForgeRock nabs $93.5M for its ID management platform, gears up next for an IPO [TechCrunch Blog]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: TechCrunch Blog
For better or worse, digital identity management services — the process of identifying and authenticating users on networks to access services — has become a ubiquitous part of interacting on the internet, all the more so in the recent weeks as we have been asked to carry out increasingly more of our lives online.Used correctly, they help ensure that it’s really you logging into your online banking service; used badly, you feel like you can’t innocently watch something silly on YouTube without being watched yourself. Altogether, they are a huge business: worth $16 billion today according to Gartner but growing at upwards of 30% and potentially as big as$30.5 billion by 2024Now, a company calledForgeRockThe company is today announcing that it has raised $93.5 million in funding, a Series E it will use to continue expanding its product and take it to its next step as a business, specifically investing in R&D, cloud services and itsThe round is being led by Riverwood Capital, and Accentu
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