{"id":8306,"date":"2013-07-19T13:27:00","date_gmt":"2013-07-19T13:27:00","guid":{"rendered":"http:\/\/cloudcomputing.sys-con.com\/node\/2742767"},"modified":"2013-07-19T13:27:00","modified_gmt":"2013-07-19T13:27:00","slug":"ipo-eying-ping-raises-44-million-f-round","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/ipo-eying-ping-raises-44-million-f-round\/","title":{"rendered":"IPO-Eying Ping Raises $44 Million F Round"},"content":{"rendered":"<p>Ping Identity, the 11-year-old Denver company that provides secure cloud-ified single sign-on to half of the Fortune 100 and reportedly has its eye on going public next year, has raised a $44 million F round led by private equity house W Capital Partners, brought in to help with the IPO through its new board seat, and DFJ Growth, a Draper Fisher Jurvetson fund.<br \/>\nThe money, which is more than Ping\u2019s estimated $43 million in sales last year, is also coming from existing backers General Catalyst Partners, Draper Fisher Jurvetson, Avista Partners, Triangle Peak Partners, SAP Ventures and Appian Ventures. Besides the $29 million in equity financing there\u2019s $15 million in debt financing complements of Silicon Valley Bank. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2742767\" >read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ping Identity, the 11-year-old Denver company that provides secure cloud-ified single sign-on to half of the Fortune 100 and reportedly has its eye on going public next year, has raised a $44 million F round led by private equity house W Capital Partners, brought in to help with the IPO through its new board seat, and DFJ Growth, a Draper Fisher Jurvetson fund.<br \/>\nThe money, which is more than Ping&rsquo;s estimated $43 million in sales last year, is also coming from existing backers General Catalyst Partners, Draper Fisher Jurvetson, Avista Partners, Triangle Peak Partners, SAP Ventures and Appian Ventures. Besides the $29 million in equity financing there&rsquo;s $15 million in debt financing complements of Silicon Valley Bank. <\/p>\n<p><a href=\"http:\/\/cloudcomputing.sys-con.com\/node\/2742767\" target=\"_blank\">read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8306","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=8306"}],"version-history":[{"count":0,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/8306\/revisions"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=8306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=8306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=8306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}