Ping Identity launched a series of enhancements to its Identity-as-a-Service (IDaaS) technology to improve security and ease-of-use for end users. Ping Identity founder and CEO Andre Durand said the upgrades would “(ensure) that enterprises can create trusted mobile experiences with very little friction, while also supporting IT’s need to move quickly without compromising quality.”
On the security side, key upgrades to the platform include secure, privileged access and support for Windows Remote Desktop, including multifactor-authentication support. To improve usability, Ping Identity has built a consistent UX across mobile devices and improved the UI both for PingOne and the PingOne cloud. FIs and other organizations will benefit from opportunities to co-brand or white-label Ping’s mobile multifactor authentication as well.
“Mobility, combined with unrelenting phishing attacks, have caused multifactor authentication to evolve from a ‘nice-to-have’ to a ‘must-have,'” Durand said. “But it can’t come at the cost of the seamless experience people have come to expect.”
Founded in 2003 and headquartered in Denver, Colorado, Ping Identity demonstrated its PingFederate, Cloud Identity Connectors, and integrations with third-party solutions at FinovateEurope 2012. This February, Ping Identity announced a series of new features to its Ping Federate solution, including elastic scalability, which enables IT to dynamically change the size of AWS and OpenStack environments, and contextual multifactor authentication, that gives IT the ability to change system access requirements under various circumstances.
Ping Identity was acquired by private equity firm, Vista Equity Partners, in June for an undisclosed sum. The company had raised more than $128 million in funding prior to being purchased.
The company counts 1.5 million active users each month, 60% of whom are under the age of 44.
