Continued product innovation, expansion of executive team, and Series B funding leads to record market adoption for company’s open source identity and access management solution.
SAN FRANCISCO – September 10, 2013 – Demand for flexible and cost-effective next generation identity and access management (IAM) solutions has exploded due to the growth of the modern Web including public cloud, private cloud, hybrid cloud, and enterprise and mobile environments. ForgeRock Inc., the leading open platform provider of identity and access management (IAM) solutions, has capitalized on this market opportunity, announcing record revenue growth in both its North American and European markets.
“Through the course of this year, we have seen IAM security initiatives continuing to accelerate, with many companies looking for new consumer-facing identity and access management solutions that directly impact revenue,” said Mike Ellis, CEO of ForgeRock. “This evolution is making organizations take a fresh look at existing IAM options, which is leading many companies to ForgeRock’s highly scalable and agile open source platform. These customer wins have further expanded our enterprise client base, proving that our solution is enabling a broad set of use cases. It’s been a great year, and we believe our success is just the beginning of a new era for the company.”
ForgeRock is redefining identity and access management for the modern web including public cloud, private cloud, hybrid cloud, and enterprise and mobile environments. ForgeRock products support mission-critical operations with a fully open source platform. ForgeRock’s Open Identity Stack powers solutions for many of the world’s largest companies and government organizations. For more information and free downloads, visit www.forgerock.com.
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