Ping Identity has plans for an IPO. The company filed a regulatory form with the SEC to make its plans official. It will be traded on the Nasdaq with “PING” as its ticker symbol. Ping Identity helps companies secure their sensitive information by providing solutions for identity authentication. Its valuation could reportedly be as high $3 billion, and its IPO could add another $100 million to its coffers. [Built In Colorado]
EverCommerce hit unicorn status with a $2 billion valuation. The valuation comes after a recent funding round and was confirmed by the company to Built In. EverCommerce revealed that it’s hiring more engineers and is potentially looking to add more companies to its list of 36 subsidiaries. [Built In Colorado]
Conga is opening a new global headquarters in Colorado. The new HQ will make room for company expansion, and it coincides with several other achievements: the company has passed $100 million in recurring revenue, signed over one million licenses and ranked in the Inc. 5000 Fastest Growing Companies list. [Press release]
BDS Analytics raised $7 million. The company is a cannabis market intelligence firm that gathers transactional data from dispensaries. It plans to use the funding to expand its platform, hire more employees and sign new partnerships. [Denver Business Journal]
Sphero acquired littleBits. Both companies specialize in making tech toys designed to teach STEAM skills to kids. The acquisition makes Sphero the largest player in the $150 billion education technology industry. Combined, the two companies have sold more than $500 million in products. [Press release]
