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SAN FRANCISCO, CA and SINGAPORE -- (Marketwired) -- 02/26/15 -- ForgeRock® Inc., the leading open platform provider of identity management solutions, today announced that it achieved a record year in sales in 2014, continuing the company's momentum and dramatic growth. To address the expanding market opportunity for identity management solutions that leverage the power of cloud, mobile and Internet of Things (IoT) adoption, ForgeRock is also expanding to Asia-Pacific Japan (APJ) and opening new regional headquarters in Singapore.
The continued high demand for the ForgeRock Identity Platform has been driven by organizations increasingly looking to better manage their digital interactions with every customer, prospect and citizen to deliver more personalized, secure experiences. Enabling digital transformation for enterprises through enhanced customer insight and interaction is the hallmark of ForgeRock's identity platform. In the second half of 2014 alone, ForgeRock successfully closed transactions with industry leaders such as Morningstar, Pearson Shared Services Ltd., NCR Corporation, University of York, Computec, the Research Council of Norway and many others.
Strategic Global Expansion
ForgeRock's official market entry into APJ, where the company is already serving customers such as Telecom New Zealand, Vodafone New Zealand, Singapore Press Holdings, the New Zealand Government and Perpetual Limited (Australia), will be spearheaded by newly appointed leadership.
Sumal Karunanayake joins as senior vice president of APJ, based out of ForgeRock's new Singapore office. Sumal has worked in enterprise software since the mid-1990s and joins ForgeRock from CA Technologies, where he originally led the market entry for Nimsoft (post-CA acquisition). Prior to CA, he was one of the first founding members of NetSuite Europe, starting NetSuite's international business operations and running EMEA sales through the company's IPO.
The company has also appointed Simon Jeacock to senior vice president of global innovation and business development. Simon, who will report directly to ForgeRock president and CEO, Mike Ellis, will be responsible for global business development and the growth of ForgeRock's partner community. Based out of ForgeRock's San Francisco headquarters, Simon will also drive sales in emerging areas, such as IoT, Industrial IoT, semiconductor (embedded processing) systems and the cloud. He joins ForgeRock with more than 25 years in the technology sector, covering markets in the U.S., EMEA and APJ for both public and privately held software companies. Most recently, he was responsible for all sales, marketing and alliances at SaaS human resource provider PeopleAnswers, taking them to a successful strategic exit in 2014.
"CEOs and the C-suite across the globe increasingly see digital identities at the center of everything when driving company growth, which in turn drives the adoption of new identity solutions that scale, are secure and provide insightful customer interactions for the enterprise," said Mike Ellis, CEO, ForgeRock. "ForgeRock helps these organizations transform their customers' experience across devices and people to drive deeper engagement, all while keeping individual privacy at the forefront."
New Milestones Cap Strong 2014
In addition to its record sales year and the close of multiple global customer transactions, ForgeRock accomplished significant platform milestones in the second half of 2014:
Key Industry Recognition
ForgeRock continued its growing industry recognition with company awards that included:
Supporting Resources
ForgeRock Blog (http://forgerock.com/blog/)
ForgeRock Customers (http://forgerock.com/customers/)
ForgeRock Identity Platform (http://www.forgerock.com/platform/)
ForgeRock on Twitter (https://twitter.com/ForgeRock)
ForgeRock on Facebook (https://www.facebook.com/pages/ForgeRock/101648653214231)
UMA Working Group (http://kantarainitiative.org/confluence/display/uma/Home)
About ForgeRock
ForgeRock®, one of the fastest growing identity vendors in the world, provides the leading open identity platform for ensuring your customers are at the center of everything digital -- whether it be through a laptop, mobile phone, tablet, connected car, healthcare wearable, connected home device or the next great connected innovation. The ForgeRock Identity Platform powers solutions for many of the world's largest companies and government organizations. Founded in 2010, ForgeRock's leadership team brings decades of experience in the software industry and includes open source icons and innovators, with investors from some of the leading global venture capital firms including Accel Partners, Foundation Capital and Meritech Capital. For more information and free downloads, visit http://www.forgerock.com or follow ForgeRock on Twitter at http://www.twitter.com/forgerock.
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