1

Okta

#1156

Rank

$16.18B

Marketcap

US United States

Country

Okta
Leadership team

Mr. Brett Tighe (Chief Financial Officer)

Mr. Jacques Frederic Kerrest (Co-Founder, Exec. Vice Chairperson & COO (Leave of Absence))

Products/ Services
CRM, Enterprise Software, Identity Management, Management Information Systems, Software
Number of Employees
1,000 - 20,000
Headquarters
San Francisco, California, United States
Established
2009
Company Registration
SEC CIK number: 0001660134
Revenue
Above - 1B
Traded as
OKTA
Social Media
Overview
Location
Summary

Okta, Inc. provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The company offers Okta Identity Cloud, a platform that offers a suite of products and services, such as Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Single Sign-On that enables users to access applications in the cloud or on-premise from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, Web applications, and data; Lifecycle Management that enables IT organizations or developers to manage a user's identity throughout its lifecycle; API Access Management that enables organizations to secure APIs; Access Gateway that enables organizations to extend the Okta Identity Cloud from the cloud to their existing on-premise applications; and Advanced Server Access to secure cloud infrastructure. It also provides Auth0 products, including Universal Login that allows customers to provide login experience across different applications and devices; Attack Protection, a suite of security capabilities that protect from malicious traffics; Adaptive Multi-Factor Authentication that minimizes friction to end users; Passwordless authentication enables users to login without a password and supports in various login methods; Machine to Machine provides standards-based authentication and authorization; private Cloud that allows customers to run a dedicated cloud instance of Auth0; and Organizations that enables customers to independent configurations, login experiences, and security options. It offers customer support, training, and professional services. It sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

History

 

Okta was co-founded in 2009 by Todd McKinnon and Frederic Kerrest, who previously worked together at Salesforce.In 2015, the company raised US$75 million in venture capital from Andreessen Horowitz, Greylock Partners, and Sequoia Capital, at a total initial valuation of US$1.2 billion.In 2017, Okta's initial public offering priced at $17.00 per share, trading up on its first day, to raise an additional US$187 million. At the time of its IPO, Sequoia Capital was the biggest shareholder, with a 21.2 percent stake.In January 2019, Okta's CEO announced that the company has over 100 million registered users.In August 2020, Okta announced that it plans to let most of its employees work remotely on a permanent basis as a result of the COVID-19 pandemic.In March 2021, Okta signed a definitive agreement to acquire Auth0 for $6.5 billion. The deal closed in May 2021.

Mission

Our People Commitment: You will know the Direction and Vision for our Company. You will know where the Company stands. You will know how your job is critical to this and how what you do matters. We will build a culture of strong people management. We will invest in this and make it great. We will surround you with people as talented and committed as you. We will invest in your growth and success. We will push you. We will have the hard conversation and make adjustments quickly.

Key Team

Mr. Jonathan T. Runyan (Gen. Counsel & Sec.)

Mr. William E. Losch (Advisor)

Mr. Michael R. Kourey (Advisor)

Ms. Susan St. Ledger (Pres of Worldwide Field Operations)

Mr. Shibu Ninan (Chief Accounting Officer)

Mr. Sagnik Nandy (Pres of Technology & CTO)

Ms. Alvina Y. Antar (Sr. VP & Chief Information Officer)

References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Okta
Leadership team

Mr. Brett Tighe (Chief Financial Officer)

Mr. Jacques Frederic Kerrest (Co-Founder, Exec. Vice Chairperson & COO (Leave of Absence))

Products/ Services
CRM, Enterprise Software, Identity Management, Management Information Systems, Software
Number of Employees
1,000 - 20,000
Headquarters
San Francisco, California, United States
Established
2009
Company Registration
SEC CIK number: 0001660134
Revenue
Above - 1B
Traded as
OKTA
Social Media