Ping Identity vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Enterprise identity platform merged with ForgeRock under Vista Equity; SSO, adaptive MFA, and CIAM for large enterprises requiring complex federation and hybrid deployments.
About
Ping Identity is an enterprise identity security platform providing workforce and customer identity solutions including SSO, adaptive MFA, directory services, and API security across hybrid and multi-cloud environments. Founded in 2002 and headquartered in Denver, Colorado, Ping Identity was taken private by Vista Equity Partners in 2022 after operating as a public company, and subsequently merged with ForgeRock (also a Vista portfolio company) to create a comprehensive enterprise identity platform.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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