Andre Durand, Ping Idenity’s CEO and founder
Noted: Denver security firm on Thursday in 2015 as it preps for a this year.
Subscriptions to its suite of identity software products helped boost revenues 40 percent in 2015 from the prior year. The company also mentions it is on track to hit $100 million in annual recurring revenues this year.
That translates to at least $8.3 million in monthly subscription fees.
Ping, which is private, is not required to report actual income or revenues. But it shared some growth numbers from last year, including that 20 percent of its bookings came from international customers and it added 135 employees. More details are available in .
Growth came especially from multi-factor authentication products, which require more than just a password for people to access accounts and files. Such products could require a fingerprint scan, an approved smartphone or a one-time code.
The company also plans to expand its Denver headquarters this year.
