In my last post, I shared our excitement for the next phase of Ping Identity as part of the Vista Equity Partners family of companies. Core to my message was our ability to accelerate the Ping Identity Platform and with that in mind, I am my pleased to announce the acquisition of UnboundID, a market leading provider of Customer Identity and Access Management solutions.
UnboundID has one of the best user and profile directory servers in the market along with a truly passionate and experienced team. They have been building high performance and mission critical systems for storing, managing and maintaining user profiles more than 20 years.
If you are familiar with UnboundID, you can easily appreciate why I'm so excited. Here's a brief overview: The company was founded in 2007 out of Austin, Texas by Steve Shoaff and David Ely, two really smart guys who understand directory technology. UnboundID has an impressive list of big enterprise customers, some of which are Ping customers. As you can see from their website, UnboundID has great name brand customers like Chick-fil-A, Wells Fargo, Target, Boeing, Cisco and NBC - global brands who care about delivering an exceptional customer experience and often require world-class identity and profile user repositories (directories) to store and manage users, profiles, attributes, privacy and more.
For Ping, this acquisition accelerates our directory and user management capabilities by providing customer identity and access management across all channels and devices. For those companies focused on user experience, personalization and privacy management, or for companies looking to better manage partner identities (with device and IoT use cases coming soon), you are really going to appreciate the deep technology provided by UnboundID.
This is a new and exciting chapter for Ping, our customers and the market. All of us at Ping welcome the UnboundID employees to our team. We have an opportunity to build the world's best identity security company, and I believe we are well on our way.