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ForgeRock has raised $30 million to expand its IRM platform

By Brian Molidor1 min readGoogle News

Mike Ellis’ ForgeRock enterprise identification management and access software outfit took in $30 million in venture cash this week. IAM is crucial for big enterprise systems to function smoothly. IT managers use it to figure out who you are when you log in. It safely manages passwords, fingerprint readers, and access cards. Typically, this is the software that powers the interfaces that greet you when you forgot your password, prompting you for details like your mother’s maiden name. The acute, enthusiastic Ellis wasted little time trumpeting the considerable capital investment that brings the company’s total capital raised to $52 million. Ellis launched the company in 2010, and now leads a 200 member team. Late stage specialists Meritech Capital Partners led the round, ForgeRock’s third. ForgeRock was originally born in Olso, Norway, but its headquarters is now in San Francisco.

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