Ping Identity Receives Investment from SAP Ventures

Ping Identity Receives Investment from SAP Ventures - Ping Identity Corporation

"SAP is deeply committed to technologies which support tighter business-to-business integration," said Lisa Reeves, senior vice president, SAP Ventures. "We believe federated identity is a cornerstone technology to enable secure communications and frictionless commerce between trading partners. Enterprises are now realizing not only the strategic benefits of the federated approach, but also the tactical benefits as they utilize federation to solve immediate user, application and partner integration problems. SAP Ventures believes that Ping Identity has fast become a suitable solution of choice."