Durand: Ping Identity raised $80M just to survive its SaaS transition
Andre Durand · 963 How Ping Identity Moved $75m One Time Revenue to $100m+ Recurring and Sold for $600m in 2016 · Mar 14, 2018 · at 8:11
Ping Identity founder and CEO Andre Durand discusses the capital required to navigate the company's business model transition between 2013 and 2016.
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“So between 20 13 and 20 16, we needed to raise about eighty million of the 110 To fund the cash flow deficit during the transition.”
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