Finnish identity software startup sets up in Bristol

June 13, 2012 by
Filed under: News 

Finnish open source software startup ForgeRock is opening its UK headquarters in Bristol next week for the development of software around identity management.

The company recently raised $7 million in its first round of funding from global venture capital firm Accel Partners which also backed the developer of the Angry Birds app. “We were looking for investors with a track record of backing companies which subsequently come to define their category.” said Lasse Andresen, ForgeRock Founder and CEO. “In Accel, we believe we have found the right partner to help ForgeRock define the Identity technology category globally. We will use the funds to build further on the market traction and dramatic global growth we have demonstrated over the past 2 years”.

ForgeRock offers a unique, open platform approach to Identity software with its I³ Open Platform. This provides a unified approach for identity management from Authentication, Access Management, and User Entitlements, to Identity lifecycle management and provisioning. The open source approach can be use on in-house, private or public cloud infrastructure.

“We think identity management is a crucial issue for most businesses as they struggle to deliver appropriate information and application support to employees, partners, and customers via a combination of datacentres, the cloud, PCs, and mobile devices. Customers and channel partners repeatedly referred to the exceptional breadth, scalability and reliability of ForgeRock’s products as well as the expertise and responsiveness of the management team. We believe ForgeRock is well positioned to deliver the easiest to deploy and highest performance identity management software suite in the market and is unique in being able to address the needs of the largest global businesses, as well as small to mid-size companies,” said Bruce Golden, Partner, at Accel Partners.

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