On April 21, 2020, ForgeRock, a leading provider in digital identity, announced that it has completed a $93.5 million Series E round of fundraising. This latest round was led by Riverwood Capital. Existing investors, including Accel, Meritech Capital, Foundation Capital, and KKR Growth, also participated. ForgeRock has now raised more than $230 million in growth capital since its founding. Wilson Sonsini Goodrich & Rosati represented ForgeRock in the transaction.
Using the new funding, ForgeRock will invest in research and development, cloud, global sales, and market awareness so it can accelerate growth and continue to enable its customers to create exceptional digital identity experiences for their workforces, consumers and things. The company will continue to invest in ForgeRock Identity Cloud, aimed at making it easier for enterprises to scale by offering a full range of cloud deployment options.
The Wilson Sonsini team that represented ForgeRock in the transaction includes Rezwan Pavri, Lang Liu, and Lester Ang.
For more information, please see ForgeRock's press release.