Ping Identity Invests In Sales As Revenue Growth Remains Uncertain

Ping Identity (PING) went public in September, 2019, selling 12.5 million shares of its common stock at $15.00 per share.

Denver, Colorado-based Ping was founded in 2002 and has developed an Intelligent Identity Platform that analyzes device, network, application and user behavior data to make real-time authentication and security control decisions.

Management is headed by Founder, CEO and Director Andre Durand, who previously founded Jabber (CSCO).

The firm’s Intelligent Identity Platform is designed to detect anomalies and automatically apply additional security measures only when necessary, such as two-factor authentication, can secure all primary use cases, including customer, employee, partner and IoT, while supporting operations across cloud, hybrid and on-premise infrastructures.

Below is a brief video of the CEO talking about a ‘new security paradigm’:

Source: CNBC Television

The platforms’ feature is comprised of six solutions, namely secure single sign-on [SSO], adaptive multi-factor authentication [MFA], security control for applications and APIs

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Google Invests $4.5 Billion With Mukesh Ambani’s Jio

On Monday, Google announced that it will invest $10 billion in India over the next few years. Two days later, the company revealed a key detail: Nearly half of the money will go to a top telecom operator owned by Asia’s richest man.

The internet giant will invest $4.5 billion into Jio Platforms as part of a plan to provide “increase access for the hundreds of millions in India who don’t own a smartphone,” Google CEO Sundar Pichai tweeted Wednesday. Mukesh Ambani, Jio’s owner, has a net worth of more than $70 billion.

Google first unveiled the $10 billion Digitization Fund for India on Monday at an online event featuring key Google executives, including Pichai, and members of the Indian government. The company said that the money would go towards providing Indians with inexpensive internet access, digitizing the country’s small and medium businesses, and using artificial intelligence in areas like

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Natalia Vodianova invests in 20 tech firms

Natalia Vodianova has invested in 20 tech companies.

Natalia Vodianova et al. looking at a cell phone

© Bang Showbiz
Natalia Vodianova

The 38-year-old model – who married Antoine Arnault last month – and her business partner Timon Afinsky used their France-based company Supernova to pour money into various start-up firms including AI-drien yoga assistant Zenia, sleep app Loona, AR-driven shopping app Wannaby and simplified legal contract app, E-gree, over the last few years.


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Natalia and Timon’s tech investment began with their app Elbi, which turned the idea of social media likes into charitable donations.

The Russian beauty told WWD: “We suddenly opened ourselves up to this world of tech, just by diving into it and investing in Elbi and building it.

“We made so many mistakes, hired so many wrong people. In that sense there was a real learning curve. But some things we did really well.”

The pair were inundated with requests for helps by

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