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About ForgeRock
Industries
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
201-500
Company Stage
IPO
Total Funding
$227.1M
Headquarters
San Francisco, California
Founded
2010
Overview
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 aims to support a diverse range of clients, including large enterprises and government agencies, by enhancing their security measures and facilitating seamless access for authorized users.
Simplify's Take
What believers are saying
- 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.
What critics are saying
- 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.
What makes ForgeRock unique
- 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.
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Funding
Total Funding
$227.1M
Below
Industry Average
Funded Over
7 Rounds
AccelGrowth & Insights and Company News
6 month growth
↑ 1%1 year growth
↓ -1%2 year growth
↑ 8%The company’s Intelligent Identity offering has been further fortified through partner Ping Identity’s acquisition of ForgeRock.
Chatterjee joins DigiCert from ForgeRock, where he spent five years serving as CMO until the $2.3B acquisition by Thoma Bravo and subsequent merger with Ping Identity.
The cybersecurity IPO car has been parked in the lot since ForgeRock went public in September 2021, and nobody has any idea how well it'll handle following a hard economic reset that made profitability more important than growth and performance more important than potential.
ForgeRock will permanently lay off 109 employees at its Mission Street address in San Francisco, a Nov. 7 WARN notice sent to the California Department of Employment Development said.
ForgeRock Inc. take pride in its history of providing simple and safe access experiences for all identities across any environment and ForgeRock Inc. is thrilled to be recognized as a Leader in this space.
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About ForgeRock
Industries
Enterprise Software
Cybersecurity
AI & Machine Learning
Company Size
201-500
Company Stage
IPO
Total Funding
$227.1M
Headquarters
San Francisco, California
Founded
2010
There are no jobs for ForgeRock right now.
Find jobs on Simplify and start your career today