Introduction
Okta is a cloud-based identity management service that allows you to connect your users, apps and data. Okta’s platform provides single sign-on (SSO) for web applications and mobile devices, user provisioning, password reset/retrieval and other identity services such as LDAP/AD integration.
Okta has been around since 2010 when it was founded by Todd McKinnon, Frederic Kerrest and Toby Rushton as a way to help developers build secure apps in a faster way than traditional methods allowed them too. The company has since grown exponentially with over 1 million customers including big names like Netflix, Spotify and Salesforce!
Company History
Okta was founded in 2009, and the company has since grown to over 2,500 employees. The founders of Okta are Todd McKinnon and Frederic Kerrest. Both co-founders previously worked together at Salesforce where they helped build its cloud computing platform.
In 2012, Okta raised $10 million in Series A funding led by Andreessen Horowitz (a16z). This was followed by another round of funding worth $25 million in 2014 led by Institutional Venture Partners (IVP). In 2015, the company announced that it had raised $50 million from TPG Capital at a valuation of $1 billion; this brought its total amount raised up to $125 million.[1]
Company Profile
Okta is a cloud-based technology company that provides identity and access management (IAM) solutions for businesses. The company was founded in 2009, and it has since grown to become one of the leading IAM providers in the world.
In 2018, Okta generated $560 million in revenue, up from $543 million in 2017. It currently has over 3,000 employees globally with offices located throughout North America and Europe. Its stock ticker symbol on NASDAQ is OKTA
Products and Services
Okta is a cloud-based identity management platform that helps secure your applications and data.
The company offers a suite of products and services, including:
- Okta Cloud – A platform that enables companies to manage their users’ access to apps, websites, and other resources.
- Okta Mobile – A software development kit (SDK) for building native apps with single sign-on capabilities.
- Okta Verify – An API that lets developers verify user identities using social media accounts or phone numbers without requiring them to create new passwords or user accounts in order to use an application or website
Conclusion
History of Okta
Okta was founded in 2009 by Todd McKinnon and Frederic Kerrest. The two were former Salesforce employees who saw an opportunity to provide identity management solutions for businesses. The company has grown rapidly since its inception, and it now has more than 3,000 employees worldwide.
In 2017 Okta received $225 million from investors including Microsoft Ventures and Salesforce Ventures. This funding round valued the company at more than $2 billion dollars–a huge milestone for any startup!
Stock Information
- Stock Symbol: OKTA
- Exchange: Nasdaq
- Price: $85.93 (as of March 2019)
Website & Revenue
Official Website
Okta’s official website is https://www.okta.com/. The website has a clean and simple design, which makes it easy for people to navigate through the different sections of the site and find what they need quickly. It also has an online store where you can purchase branded merchandise such as t-shirts, hats and mugs with various designs printed on them that represent different aspects of Okta’s culture such as its values or mission statement (see below). Revenue Over Years
Employees & Products
The company has over 1,000 employees and is headquartered in San Francisco, California. The company’s products include:
- Okta Verify – a cloud-based identity solution that helps companies verify the identities of their employees and customers before allowing them access to sensitive data or applications.
- Okta Identity Cloud – an enterprise single sign-on (SSO) platform that provides secure access to web applications through a single portal.
- Okta SSO – an enterprise SSO solution for mobile apps that enables organizations to manage user authentication across multiple platforms such as Salesforce1 Mobile SDK, Facebook Login and more.
Credibility
One of the best ways to measure credibility is by looking at the sources of information. If you’re reading a blog post from someone who has no experience in the field, it’s probably not a good idea to trust them as an authority on that topic.
Another way to check for accuracy is by looking at how often they update their content or if they have any updates coming up soon. If something seems outdated or hasn’t been updated in awhile, then it might be worth taking with a grain of salt until more research has been done on that topic
Company Address & Contact Information
Okta is located at:
Okta, Inc.
1011 4th Street, Suite 300
San Francisco, CA 94103
Phone: +1 415-835-5500 (U.S.) or 1-800-689-2928 (Canada)
Email: [email protected]
Conclusion
Okta is a cloud-based identity management platform that helps companies manage employees, partners and customers. The company was founded in 2009 by Todd McKinnon and Frederic Kerrest, who still serve as CEO and CTO respectively.
In 2016 Okta raised $100 million in funding from CapitalG (Google’s growth equity arm) at a valuation of $1 billion — making it one of the biggest venture-backed companies in San Francisco at the time. It currently has over 830 employees worldwide with offices in San Francisco; Dublin; London; Sydney; Singapore; Tokyo; New York City (and more).
References
For more information on the Okta brand, check out these links:
- https://www.okta.com/blog/2019/01/13/everything-you-need-to-know-about-the-okta-brand.html – The original post that this one was based on!
- https://www.slideshare.net/Okta_Inc – A presentation from Okta’s CEO Todd McKinnon at Dreamforce 2019 about how they’re building their brand and what makes them different from other companies in their space
FAQs
- What is Okta?
Okta is a cloud-based identity and access management (IAM) company that helps companies manage their users, devices, and applications. The company also offers an API for developers to integrate with their applications. - What does Okta do?
Okta provides identity as a service (IDaaS) solutions for enterprises. It offers products such as Okta Identity Cloud, which allows IT teams to manage user accounts across multiple apps; Okta Verify for two-factor authentication; and OpenID Connect integration with SAML 2.0 standards compliant web browsers like Google Chrome or Firefox
Further Reading
If you’re interested in learning more about the Okta brand, here are some articles and books that we recommend:
Source : Google
Editor by : Softwarehubs
