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ForgeRock Raises $30M for Open-Source Identity-Relationship Tech

Open-source identity-relationship management (IRM) vendor ForgeRock today announced that it has raised $30 million in a new round of funding, bringing total funding to date up to $52 million.

The goal of the new $30 million funding round is to help the company expand globally and drive the adoption of IRM technology—technology developed by Sun Microsystems but left behind by Oracle, ForgeRock CEO Mike Ellis said. “Today, we’re providing identity solutions for large enterprises and governments and have well over a half a billion identities that are managed using the ForgeRock platform,” he told eWEEK. –