ForgeRock authorized enough shares for a $96 million raise at a valuation of $705 million, if all shares authorized are issued. The software security company is previously backed by Accel, Meritech Capital and Foundation Capital to name a few. The most recent round, Series E, follows $88 million raised for Series D, valuing the company at $569 million. The terms surrounding the Series E include a pari passu liquidation preference with all other preferred, and conventional convertible meaning they will not participate with common stock if there are remaining proceeds. The most recent price per share is $9.6453, an up round from Series D at $9.275.
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