Happy to see that Ping got some more funding. They're head-first in the federated identity space that I mentioned in yesterday's blog entry. The eco-system is growing but is it fast enough?
DENVER, CO – Oct. 11, 2006—Ping Identity Corporation, a provider of Internet-scale identity technology for enabling secure business collaboration, having just completed a record quarter in sales and new customer wins, today announced the completion of a $13 million Series C financing. Appian Ventures of Denver, Colorado led the round, with full participation from existing investors Draper Fisher Jurvetson, General Catalyst Partners, Fidelity Ventures, SAP Ventures and I-Vent.