Blue Owl Financing of Ping Identity
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Ping Identity (PIDG), the leading provider of single sign-on (SSO) and identity management solutions, recently announced a partnership with Blue Owl Financing (Blue Owl), a specialty finance company that helps companies with complex debt and equity needs. The two companies plan to leverage PIDG’s identity-based authentication platform, which enables secure authentication for millions of users and provides identity verification for access control. According to a Blue Owl release, the partnership will enable the finance company to help
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Blue Owl Financing (BOF) was founded in 2010 by a group of entrepreneurs who recognized a growing demand for finance solutions that helped their clients make the transition to the cloud. The company offers a range of financial products and services specifically designed for small and medium-sized businesses looking to migrate to the cloud. BOF’s unique approach to financing includes leveraging their vast financial network of lenders to provide funding for businesses seeking to transition. This case study is part of a series of case studies on B
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Blue Owl Financing of Ping Identity is an Indian private lender that recently acquired a 5% equity stake in the company for $110 million. Blue Owl, a subsidiary of Ping Identity, a provider of identity security and cloud access solutions for online businesses, had acquired a 20% stake in Ping Identity’s parent company. why not find out more The reason behind the acquisition is that Ping Identity, which provides enterprise identity management solutions, is aiming to provide identity management solutions to its large business customers.
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Blue Owl Financing is one of the most prominent private lenders in the finance industry. The company’s investment arm has invested in Ping Identity (NYSE: PING), a leading identity management solution provider. According to a recent report by Market Research Future (MRFR), the global identity and access management market size was valued at US$ 30.85 billion in 2019 and is expected to grow at a CAGR of 10.1% during the forecast period, 20
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Blue Owl Financing, the world’s leading independent provider of SBA loans and other business loans, recently closed on $2.5 million in financing for Ping Identity, a leading provider of secure access and identity governance solutions. Ping Identity, a company headquartered in New York City, is the leader in next-generation identity and access management. Blue Owl’s financing enables Ping to scale and accelerate the growth of its business, while also providing liquidity and a fresh infusion of capital to fuel further innovation
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Ping Identity, a global leader in single sign-on, today announced the completion of a $24 million equity round, led by Owl Peak, an early-stage VC fund. The investment was rounded out by a group of prominent angel investors, including Bill Bannister, co-founder and former president of Intuit, as well as a broad network of other well-known investors. “Blue Owl has been supporting Ping Identity since we started our journey as an independent startup,” said Alex Eaton, VP of
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