Ping Identity

Ping Identity was founded in 2002 by Andre Durand, who remains chief executive, and is headquartered in Denver, Colorado. It sells the Ping Identity Platform, which runs in cloud, hybrid and on-premises environments and manages the identities of employees, customers, partners and AI agents through single sign-on, MFA and passwordless login, lifecycle management, access governance, identity verification and fraud detection. Thoma Bravo took Ping private in an all-cash deal of about $2.8 billion that closed on October 18, 2022, and on August 23, 2023 it combined ForgeRock, which it had bought for about $2.3 billion, into Ping. In November 2024 Ping reported annual recurring revenue approaching $800 million, 31% year-over-year SaaS ARR growth and nearly 2,000 employees. It closed its purchase of London biometrics company Keyless in January 2026 and made its Identity for AI products generally available in March 2026.