Renaissance Capital logo

Ping Identity Holding Priced, NYSE: PING

Provides an enterprise security platform focused on identity access management.

Industry: Technology

First Day Return: +34.1%

Industry: Technology

Ping enables secure access to any service, application or API from any device. Our Intelligent Identity Platform can leverage artificial intelligence and machine learning to analyze device, network, application and user behavior data to make real-time authentication and security control decisions, enhancing the user experience. Our platform is designed to detect anomalies and automatically insert additional security measures, such as multi-factor authentication, only when necessary. We built our platform to meet the requirements of the most demanding enterprises. Our platform can be deployed across cloud, hybrid and on-premise infrastructures, offers a comprehensive suite of turnkey integrations and is able to scale to millions of identities and thousands of cloud and on-premise applications in a single deployment. As of June 30, 2019, our platform secures over two billion identities globally across our customer base. Enterprises are undergoing digital transformation as they seek to create new revenue streams, transition business models and increase customer engagement. Concurrently, enterprises are becoming more distributed as the adoption of cloud, mobile and the Internet of Things moves data, applications and access requirements beyond the traditional network perimeter.
more less
IPO Data
IPO File Date 08/23/2019
Offer Price $15.00
Price Range $14.00 - $16.00
Offer Shares (mm) 12.5
Deal Size ($mm) $188
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/18/2019
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $188
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Denver, CO, United States
Founded 2001
Employees at IPO 897
Website www.pingidentity.com

Ping Identity Holding (PING) Performance