Company type | Private |
---|---|
NYSE: FORG (2021–2023) | |
Industry | Enterprise software |
Founded | February 2010 in Norway |
Founders |
|
Headquarters | Providian Financial Building, San Francisco, California , United States |
Area served | Worldwide |
Key people |
|
Products | ForgeRock Identity Platform |
Revenue | US$218 million (2022) |
US$−67 million (2022) | |
US$−66 million (2022) | |
Total assets | US$494 million (2022) |
Total equity | US$316 million (2022) |
Owner | Thoma Bravo |
Number of employees | 923 (December 2022) |
Website | forgerock |
Footnotes /references [1] [2] [3] [4] |
ForgeRock, Inc. is an identity and access management software company headquartered in San Francisco. On August 23, 2023, Thoma Bravo announced that it had completed the acquisition of the company for approximately $2.3 billion. Additionally, it has been reported that ForgeRock integrated into its portfolio the company Ping Identity. [5]
ForgeRock was founded in Norway in February 2010 by a group of former Sun Microsystems employees, after Sun was acquired by Oracle Corporation. After the acquisition, the software was scheduled for phase-out in favor of Oracle’s in-house product, [6] [7] so the founders "started their own company to fork the code and continue developing Sun’s software." [7] [8] [9] In 2019 Christophe Badot was elected Vice President of ForgeRock, in charge of Southern Europe and Benelux. [10]
In April 2020, ForgeRock announced that it has raised $93.5 million in funding, a Series E it will use to continue expanding, which "brings the total raised by the company to $230 million." [11] The company went public in September 2021. It is listed on the New York Stock Exchange under the ticker symbol FORG. [12] On October 11, 2022, private equity firm, Thoma Bravo, agreed to purchase ForgeRock for $2.3 billion in an all-cash deal. [13] After the acquisition was completed in August 2023, the new owner reported that ForgeRock would be integrated into its company portfolio Ping Identity. [5]
The ForgeRock Identity Platform includes Access Management (based on the OpenAM open source project), Identity Management (based on the OpenIDM open source project), Directory Services (based on the OpenDJ open source project), and Identity Gateway (based on the OpenIG open source project). [14] ForgeRock Access Management provides access management, ForgeRock Directory Services is an LDAP directory service, ForgeRock Identity Management is used for identity management, and ForgeRock Identity Gateway provides an identity gateway for web traffic and application programming interfaces (APIs). [15] [16]
Originally based on open source software owned by Sun Microsystems (now Oracle Corporation), the enterprise version of the ForgeRock Identity Platform can only be accessed by purchasing a commercial license. [17] The source code of the community version is publicly available under the terms of the Common Development and Distribution License. [17]
MySQL is an open-source relational database management system (RDBMS). Its name is a combination of "My", the name of co-founder Michael Widenius's daughter My, and "SQL", the acronym for Structured Query Language. A relational database organizes data into one or more data tables in which data may be related to each other; these relations help structure the data. SQL is a language that programmers use to create, modify and extract data from the relational database, as well as control user access to the database. In addition to relational databases and SQL, an RDBMS like MySQL works with an operating system to implement a relational database in a computer's storage system, manages users, allows for network access and facilitates testing database integrity and creation of backups.
Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. In 2023, the company’s seat in Forbes Global 2000 was 80. The company sells database software and cloud computing. Oracle's core application software is a suite of enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software, enterprise performance management (EPM) software, Customer Experience Commerce and supply chain management (SCM) software.
Sun Microsystems, Inc. was an American technology company that sold computers, computer components, software, and information technology services and created the Java programming language, the Solaris operating system, ZFS, the Network File System (NFS), and SPARC microprocessors. Sun contributed significantly to the evolution of several key computing technologies, among them Unix, RISC processors, thin client computing, and virtualized computing. Notable Sun acquisitions include Cray Business Systems Division, Storagetek, and Innotek GmbH, creators of VirtualBox. Sun was founded on February 24, 1982. At its height, the Sun headquarters were in Santa Clara, California, on the former west campus of the Agnews Developmental Center.
Solaris is a proprietary Unix operating system originally developed by Sun Microsystems. After the Sun acquisition by Oracle in 2010, it was renamed Oracle Solaris.
In computing, a directory service or name service maps the names of network resources to their respective network addresses. It is a shared information infrastructure for locating, managing, administering and organizing everyday items and network resources, which can include volumes, folders, files, printers, users, groups, devices, telephone numbers and other objects. A directory service is a critical component of a network operating system. A directory server or name server is a server which provides such a service. Each resource on the network is considered an object by the directory server. Information about a particular resource is stored as a collection of attributes associated with that resource or object.
BEA Systems, Inc. was a company that specialized in enterprise infrastructure software products, which was wholly acquired by Oracle Corporation on April 29, 2008.
Oracle Grid Engine, previously known as Sun Grid Engine (SGE), CODINE or GRD, was a grid computing computer cluster software system, acquired as part of a purchase of Gridware, then improved and supported by Sun Microsystems and later Oracle. There have been open source versions and multiple commercial versions of this technology, initially from Sun, later from Oracle and then from Univa Corporation.
OpenSolaris is a discontinued open-source computer operating system based on Solaris and created by Sun Microsystems. It was also, perhaps confusingly, the name of a project initiated by Sun to build a developer and user community around the eponymous operating system software.
Oracle Identity Management, a software suite marketed by Oracle Corporation, provides identity and access management (IAM) technologies.
Entrust Corp., formerly Entrust Datacard, provides software and hardware used to issue financial cards, e-passport production, user authentication for those looking to access secure networks or conduct financial transactions, trust certificated for websites, mobile credentials, and connected devices. The privately-held company is based in Shakopee, Minnesota and employs more than 2,500 people globally.
Thoma Bravo, LP, is an American private equity and growth capital firm based in Chicago. It is known for being particularly active in acquiring enterprise software companies and has over $130 billion in assets under management as of 2023.
Flexera is an American computer software company based in Itasca, Illinois. It is a business-focused organization which works in software asset management and cloud management.
The acquisition of Sun Microsystems by Oracle Corporation was completed on January 27, 2010. After the acquisition was completed, Oracle, only a software vendor prior to the merger, owned Sun's hardware product lines, such as SPARC Enterprise, as well as Sun's software product lines, including the Java programming language.
OpenAM is an open-source access management, entitlements and federation server platform. Now it is supported by Open Identity Platform Community.
Instructure, Inc. is an educational technology company based in Salt Lake City, Utah, United States. It is the developer and publisher of Canvas, a web-based learning management system (LMS), and Mastery Connect, an assessment management system. Prior to its IPO in 2021, the company was owned by private-equity firm Thoma Bravo.
OpenDJ is a directory server which implements a wide range of Lightweight Directory Access Protocol and related standards, including full compliance with LDAPv3 but also support for Directory Service Markup Language (DSMLv2). Written in Java, OpenDJ offers multi-master replication, access control, and many extensions.
Security Assertion Markup Language (SAML) is a set of specifications that encompasses the XML-format for security tokens containing assertions to pass information about a user and protocols and profiles to implement authentication and authorization scenarios. This article has a focus on software and services in the category of identity management infrastructure, which enable building Web-SSO solutions using the SAML protocol in an interoperable fashion. Software and services that are only SAML-enabled do not go here.
Coupa Software is an American technology platform for Business Spend Management (BSM). The company is headquartered in San Mateo, California with offices throughout Europe, Latin America, and Asia Pacific. Coupa helps companies gain visibility into and control over how they spend money, optimize supply chains, and manage liquidity.
OpenIDM is an open-source identity management system written in the Java programming language. The OpenIDM source code is available under the Common Development and Distribution License (CDDL). OpenIDM is designed with flexibility in mind, leverages JavaScript as default scripting language to define business rules during provisioning. All capabilities of OpenIDM expose RESTful interfaces. As an integration layer, OpenIDM leverages the Identity Connectors and has a set of default connectors.
Ping Identity Corporation is an American software company established in 2002 by Andre Durand and Bryan Field-Elliot. It is headquartered in Denver, Colorado, United States with development offices in Vancouver, British Columbia, Tel Aviv, Israel, Austin, Texas, Denver, Colorado, Boston, Massachusetts and Edinburgh, Scotland. Ping also has European operations with offices in London, Paris, and Switzerland as well as offices in Bangalore, Melbourne, and Tokyo, serving Asia-pacific. It was a publicly traded company until getting acquired by Thoma Bravo and taken private in October 2022.