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ForgeRock, Inc. was an identity and access management software company headquartered in
San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
. On August 23, 2023,
Thoma Bravo Thoma Bravo, LP is an American private equity and growth capital firm based in Chicago, Illinois. It is known for being particularly active in acquiring enterprise software companies and has over $130billion in assets under management . It ...
announced that it had completed the acquisition of the company for approximately $2.3 billion. On acquisition completion, ForgeRock merged into Ping Identity, and both product portfolios continue being developed.


Overview

ForgeRock was founded in Norway in February 2010 by a group of former
Sun Microsystems Sun Microsystems, Inc., often known as Sun for short, was an American technology company that existed from 1982 to 2010 which developed and sold computers, computer components, software, and information technology services. Sun contributed sig ...
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, so the founders "started their own company to fork the code and continue developing Sun’s software." 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." The company went public in September 2021. It is listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
under the ticker symbol FORG. On October 11, 2022, private equity firm, Thoma Bravo, agreed to purchase ForgeRock for $2.3 billion in an all-cash deal. After the acquisition was completed in August 2023, the new owner reported that ForgeRock would be integrated into its company portfolio Ping Identity.


Products

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). ForgeRock Access Management provides access management, ForgeRock Directory Services is an LDAP
directory service 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 ...
, ForgeRock Identity Management is used for identity management, and ForgeRock Identity Gateway provides an identity gateway for
web traffic Web traffic is the data sent and received by visitors to a website. Since the mid-1990s, web traffic has been the largest portion of Internet traffic. Sites monitor the incoming and outgoing traffic to see which parts or pages of their site are ...
and
application programming interface An application programming interface (API) is a connection between computers or between computer programs. It is a type of software Interface (computing), interface, offering a service to other pieces of software. A document or standard that des ...
s (APIs). Originally based on
open source Open source is source code that is made freely available for possible modification and redistribution. Products include permission to use and view the source code, design documents, or content of the product. The open source model is a decentrali ...
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. The source code of the community version is publicly available under the terms of the Common Development and Distribution License.


See also

* Customer identity access management


References


External links

* {{official website, http://www.forgerock.com Identity management Identity management systems Companies based in San Francisco American companies established in 2010 2010 establishments in California Companies formerly listed on the New York Stock Exchange Software companies established in 2010 Software companies of the United States 2021 initial public offerings 2023 mergers and acquisitions Thoma Bravo companies