dChan - Q Origins Project Archive

Ping Identity Holdings sold by Vista Equity Parnters: $176.10m-May 18

This is a secondary offering

Ping Identity Holding Corp. is a technology company, which offers intelligent identity platform. It is focused on enabling secure access to any service, application or application programming interface (API) from any device. Its intelligent identity platform leverages artificial intelligence and machine learning to analyze device, network, application and user behavior data to make real-time authentication and security control decisions. Its platform is designed to detect anomalies and automatically insert additional security measures, such as multi-factor authentication, only when necessary. It allows its platform to be deployed across cloud, hybrid and on-premise infrastructures. Its platform offers secure single sign-on (SSO), adaptive multi-factor authentication (MFA), security control for applications and APIs, personalized and unified profile directories, data governance to control access to identity data, and artificial intelligence and machine learning powered API security.

Number of employees : 953 people.

https://www.marketscreener.com/PING-IDENTITY-HOLDING-COR-65474324/company/

Vista Equity Partners (Vista) is an American private equity and venture capital firm focused on financing and forwarding software and technology-enabled startup businesses, as well as passive equity investments.

The firm was founded in 2000 by American businessman and investor Robert F. Smith and Brian Sheth. Vista Equity has offices in Austin, Texas; Chicago, Illinois; and San Francisco, California.[6] In 2018, Vista had over US$43 billion in cumulative capital commitments and owned over 50 software companies which combined, employed 65,000 people worldwide. In 2016, Vista operated with approximately $10 billion in their VI fund

Robert F. Smith-Founder, Chairman & CEO Vista Equity Partners, Austin

In 1994, he joined Goldman Sachs in tech investment banking, first in New York and then in Silicon Valley. As Co-Head of Enterprise Systems and Storage, he executed and advised on over $50 billion in merger and acquisition activity with companies such as Apple, Microsoft, Texas Instruments, eBay and Yahoo. He was the first person in San Francisco at Goldman to focus solely on tech mergers and acquisitions.

Mr. Smith’s business achievements and global philanthropic works have received recognition from numerous entities – including the Morehouse Candle Award in Business and Philanthropy, the Congressional Black Caucus Foundation Chair’s Award, the Reginald F. Lewis Achievement Award, the Humanitarian of the Year Award from the Robert Toigo Foundation, the Ripple of Hope Award from the Robert F. Kennedy Center for Justice and Human Rights, the Award of Excellence from the National Association of Investment Companies, the Pierre Toussaint Award from the Archdiocese of New York, the Columbia University BBSA Distinguished Alumni Award and the Ron Brown Scholar Program American Journey Award.

Mr. Smith is the founding director and President of the Fund II Foundation, which is dedicated to preserving the African American experience, safeguarding human rights, providing music education, preserving the environment while promoting the benefits of the outdoors, and sustaining critical American values. In January 2016, Cornell University honored Mr. Smith’s leadership by naming the Robert Frederick Smith School of Chemical and Biomolecular Engineering.

Mr. Smith is the Chairman of Carnegie Hall and the Chair of the Robert F. Kennedy Center for Justice and Human Rights. He serves on the Board of Overseers of Columbia Business School, as a Member of the Cornell Engineering College Council, and a Trustee of the Boys and Girls Clubs of San Francisco.

In 2017, Smith signed on to The Giving Pledge, the only African American to do so. His gift of $20 million was the largest by an individual donor to the National Museum of African American History and Culture, among many other philanthropic activities.

https://www.vistaequitypartners.com/about/team/robert-f-smith/

https://www.vistaequitypartners.com/about/

https://www.vistaequitypartners.com/companies/portfolio/

https://www.finviz.com/insidertrading.ashx?oc=1216495&tc=7&b=2