Today is a great day! Early this morning, ForgeRock announced that Foundation Capital and Accel Partners invested $15M in the company. It’s our Series B financing and will be used to grow engineering, sales, and marketing. We have very ambitious product plans so a big chunk of investment will drive that too.
Between my last job @ Agari and my current job @ ForgeRock, I devoted all of 2012 to Series B Fundraising! Great learning experience, but also extremely challenging with many ups and downs. Being drilled by investors forces you to be really crisp around the value of your company and what drives success. Also forces you to become extremely familiar with all the coffee shops on Sandhill Rd. Recap of some of the coverage from todays announcement along with a link to the original press release.
ForgeRock Secures $15M in Financing (Press Release)
ForgeRock – Identity Management Solution Secures $15Million (SiliconANGLE)
Open Source IAM Solutions Maker ForgeRock Raises $15 Million (SecurityWeek)