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Ping Identity Debuts $50M Venture Fund to Back IAM Startups

Ping Identity is rolling out a $50 million in-house venture fund to support identity and access management technology startups. The Denver-based identity vendor says Ping Ventures will back new businesses in fields such as online fraud and risk services, real-time identity verification, identity and data access governance, decentralized identity, machine identity, and dynamic authorization and entitlement. The company hopes to make between three and four investments each year and expects follow-up support to portfolio companies over the next couple of years.”]

Source: https://www.careersinfosecurity.com/ping-identity-debuts-50m-venture-fund-to-back-iam-startups-a-19444

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