Advanced SearchNewsfeedFollowed Companies

Okta's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Okta provides an integrated service across single sign-on, authentication, provisioning, mobility management and reporti... Read more

Based on data from Okta's latest SEC filings

Annual Revenue

Based on data from Okta's latest SEC filings

Employees

Todd McKinnon's photo - Co-Founder & CEO of Okta

Co-Founder & CEO

Todd McKinnon

CEO Approval Rating

74/100

OVERVIEW

Founded:

2009

Headquarters:

San Francisco, California
San Francisco Bay Area

Status:

PublicNASDAQOKTA

Industry Sector:

Application Software

SIC Code:

7372NAICS listing »

Top Competitors or Alternatives

Missing a competitor? Contribute!

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Symantec a competitor of Okta?

I don't know

Trending News for Okta and Okta's Competitors

May 26, 2020

Zacks

Okta (OKTA) to Report Q1 Earnings: What's in the Cards?

Okta's (OKTA) first-quarter fiscal 2021 results are expected to reflect higher adoption of Identity s... See more »

May 26, 2020

Windows Phone Central

HP, IBM to cut jobs, reduce salaries due to coronavirus

The current health crisis caused IBM and HPE to cut salaries and jobs. What you need to know HPE and ... See more »

May 26, 2020

destinationCRM

NICE InContact Integrates CXone with Microsoft Teams and Microsoft Dynamics 365

Integrations provide increased collaboration, voice connectivity, and embedded agent controls. (Featu... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Duo is the top competitor of Okta. Duo was founded in 2010, and its headquarters is in Ann Arbor, Michigan. Like Okta, Duo also operates in the Application Software field. Duo has 5,300 fewer employees than Okta.

IBM is seen as one of Okta's top competitors. IBM was founded in Armonk, New York} in 1911. IBM is in the IT Services field. Compared to Okta, IBM generates $75.9B more revenue.

Microsoft is Okta's #3 rival. Microsoft's headquarters is in Redmond, Washington, and was founded in 1975. Microsoft operates in the Internet Software industry. Microsoft generates 23,666% of Okta's revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Todd McKinnon

Co-Founder & CEO

- -
6,100
$466.3M
$586.1M
1

William Welch

President

70/100
800
$119M
$109M
2

Arvind Krishna

CEO

- -
350,600
- -
$76.5B
3

Satya Nadella

CEO

81/100
144,000
$61M
$138.7B
4

Safra A. Catz

CEO

65/100
136,000
$31.5M
$39.8B
5

Mark McClain

Co-Founder & CEO

82/100
1,003
$266.1M
$303.4M
6

Andy Jassy

CEO

81/100
25,000
- -
$35B
7

Christian Klein

CEO

83/100
84,183
- -
$31.2B
8

Tom Leighton

Co-Founder & CEO

67/100
7,519
$277.4M
$3B
9

Rakesh Soni

Co-Founder & CEO

71/100
150
$18.5M
$4.4M
The top 10 competitors in Okta's competitive set are Duo, IBM, Microsoft, Oracle, SailPoint, Symantec, AWS, SAP, Akamai and LoginRadius. Together they have raised over 1.3B between their estimated 792.1K employees. Okta has 6,100 employees and is ranked 8th among it's top 10 competitors. The top 10 competitors average 69,750.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$586.1M

Okta's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 30B. Over the last four quarters, Okta's revenue has grown by 33.6%. Specifically, in Q1 2020's revenue was $167.3M; in Q4 2019, it was $153M; in Q3 2019, it was $140.5M; in Q2 2019, Okta's revenue was $125.2M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Azuqua, Inc.

Mar 2019

Source »
$52.5M
Azuqua is a cloud based platform that allows organizations to automate their business-critical processes without code.
ScaleFT, Inc.

Jul 2018

Source »
undisclosed
ScaleFT is an enterprise software company that offers cloud-native zero trust security solutions.

These are all the companies that Okta has acquired. Okta has acquired 2 companies and its latest acquisition was Azuqua, Inc. in Mar 2019. Azuqua is a cloud based platform that allows organizations to automate their business-critical processes without code.

Okta Funding History

Since Okta was founded in 2009, it has participated in 9 rounds of funding. In total Okta has raised $466.2M. Okta's last funding round was on Apr 2019 for a total of $50.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Investment Fund
Apr 2019
$50M
-
IPO
Apr 2017
$187M
-
Series F
Sep 2015
$75M
Series E
Jun 2014
$75M
Series D
Sep 2013
$27M

Total Funding: $466.3M

Since Okta was founded in 2009, it has participated in 9 rounds of funding. In total Okta has raised $466.2M. Okta's last funding round was on Apr 2019 for a total of $50.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Ockam designs, develops and distributes software tools that enables secure connectivity and credential management solutions for IoT developers.
$1.7M
Nov 30, 2019
Seed
-
Productiv develops a SaaS-based platform that provides application engagement analytics for enterprises.
$20M
Nov 05, 2019
Series B
-
Fast Forward is a non-profit organization that invests in healthcare, education, and human technology nonprofit businesses.
$5M
Jul 01, 2019
Unattributed
-
Ockam designs, develops and distributes software tools that enables secure connectivity and credential management solutions for IoT developers.
$3.2M
May 05, 2019
Seed
-

These are all the companies that Okta has invested in. Okta has invested 2 companies and its latest investment was Azuqua, Inc. in Mar 2019. Azuqua is a cloud based platform that allows organizations to automate their business-critical processes without code.

Okta News

May 18, 2020Zolmax News

Okta Inc (NASDAQ:OKTA) Expected to Post Quarterly Sales of $172.10 Million

Equities analysts predict that Okta Inc (NASDAQ:OKTA) will report $172.10 million in sales for the cu... See more »
May 14, 2020Zolmax News

Okta (NASDAQ:OKTA) Raised to Strong-Buy at BidaskClub

Okta (NASDAQ:OKTA) was upgraded by equities research analysts at BidaskClub from a "buy" rating to a ... See more »
May 13, 2020Seeking Alpha

The Risk-Reward Is More Favorable Than You Think

See more »
May 11, 2020Help Net Security

Hexnode integrates with Okta to add new features to the identity and access management solution

Hexnode the emerging global leader in the UEM market has recently announced incorporating new integra... See more »
May 8, 2020Seeking Alpha

Okta Is Benefiting From The New Economy

See more »
May 7, 2020SiliconANGLE

Okta's focus on secure identity management gains special importance during COVID-19

In the meteorological world, cloud cover is measured by oktas. One okta is a small amount of cloud co... See more »
May 4, 2020Seeking Alpha

Strong Growth And Abundant Potential

See more »

Okta Blogs

October 27, 2015OKTA BLOG

Carlisle Construction Materials on #Oktane15: Jeff Janovich, Mobility and Vegas Sightseeing

Ahead of Oktane15, our annual customer conference, we sat down with speaker Jeff Janovich, software a... See more »
October 26, 2015OKTA BLOG

#Oktane15 Insider's Guide - Mobility Edition

As Oktane15 quickly approaches, we're highlighting must-see sessions and activities categorized by th... See more »
October 23, 2015OKTA BLOG

Forest City on #Oktane15: The Perfect Place to Connect and Learn

Next up on our Oktane15 customer series, Kim Fuhrer, IT security analyst at real estate management an... See more »
October 22, 2015OKTA BLOG

Okta Community AMA Recap: Arturo Hinojosa, Sr. Product Marketing Manager of Mobile

Last week we held the Okta Community's first-ever Ask Me Anything with Okta Senior Product Marketing ... See more »
October 20, 2015OKTA BLOG

School of Rock on #Oktane15: If You're Like Me, There's Plenty to Look Forward to at Oktane15

In this installment of our Oktane15 customer blog series, Sam Dresser, senior director of information... See more »
October 14, 2015OKTA BLOG

Join Okta's Sr. Product Marketing Manager of Mobile for our First-Ever: Ask Me Anything

Last month, we unveiled the new Okta Community, a central location for our customers to engage in pee... See more »
October 13, 2015OKTA BLOG

How Okta Helps Create a Community of Expertise Within Alzheimer's Society

Dementia describes a set of symptoms that may include memory loss and difficulties with thinking, pro... See more »

Okta Press Releases

March 6, 2020StreetInsider

Rafael Holdings Reports Second Quarter Fiscal Year 2020 Results

NEWARK, N.J., March 5, 2020 /PRNewswire/ --Â Rafael Holdings, Inc., (NYSE: RFL), reported revenue of ... See more »
December 5, 2019Business Wire

Okta Announces Strong Third Quarter Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ: OKTA), the leading independent provider of identi... See more »
June 3, 2019WebProNews

Identity Is the Central Platform For Companies To Embrace Cloud

"They're going from a world where they were thinking about cloud computing, firewalls, and VPNs, and ... See more »
May 1, 2019GlobalNewswire

Preempt and Okta Partner to Deliver Modern Approach to Authentication with Secure Conditional Access Anywhere

Enterprises can now protect any corporate asset both on-premises or in the cloud with an adaptive and... See more »
April 1, 2019PR Newswire

Highfive Partners With Okta to Bring Free Desktop and Web Video Conferencing Services to the Enterprise

SAN FRANCISCO, April 1, 2019 /PRNewswire/ -- Highfive and Okta, Inc., the leading independent provide... See more »
April 1, 2019Business Wire

Arkose Labs Partners with Okta to Eliminate Online Fraud and Abuse

SAN FRANCISCO--(BUSINESS WIRE)--Arkose Labs, the leading provider of advanced fraud prevention techno... See more »
April 1, 2019PRWeb

SecZetta to Sponsor Oktane 19 and Host a Private Demo Suite in San Francisco

Establishing an Effective Non-Employee Identity Risk and Lifecycle Process to Streamline Okta Identit... See more »

Okta Videos

May 18, 2020Okta Youtube Channel

"Here at Okta | Diversity, Inclusion & Belonging" on YOUTUBE

See more »
May 11, 2020Okta Youtube Channel

"How Okta + Security Partners Stop Identity Attacks" on YOUTUBE

See more »
May 11, 2020Okta Youtube Channel

"Okta | Diversity, Inclusion, and Belonging" on YOUTUBE

See more »
April 15, 2020Okta Youtube Channel

"Privacy and Consent Management in the Era of Personalization" on YOUTUBE

See more »
April 15, 2020Okta Youtube Channel

"Workflows for Lifecycle Management" on YOUTUBE

See more »
April 9, 2020Okta Youtube Channel

"Oktane20: Best of Customer Speakers" on YOUTUBE

See more »
April 8, 2020Okta Youtube Channel

"Oktane20: Virtual Conference Bloopers with Todd McKinnon" on YOUTUBE

See more »

Social Statistics

Headquarters

100 First Street 6th Floor

San Francisco, California94105

1-800-588-1656

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Okta, Inc. provides an integrated service across single sign-on, authentication, provisioning, mobility management and reporting solutions. Founded in 2009 and headquartered in San Francisco, California with around 500 employees, it is the foundation ...

CEO

Okta's Co-Founder & CEO, Todd McKinnon, currently has an approval rating of 74%. Okta's primary competitors are Duo, IBM & Microsoft.

Website

okta.com

Frequently Asked Questions about Okta

  1. When was Okta founded?

    Okta was founded in 2009

  2. Who is Okta's CEO?

    Okta's CEO is Todd McKinnon

  3. How much revenue does Okta generate?

    Okta generates $586.1M in revenue

  4. How much funding does Okta have?

    Okta has historically raised $466.3M in funding

  5. Where is Okta's headquarters?

    Okta's headquarters is in San Francisco California, USA

  1. How many employees does Okta have?

    Okta has 6,100 employees

  2. What sector does Okta operate in?

    Okta is in Application Software

  3. Who are Okta's competitors?

    Okta's top competitors are Duo, IBM, Microsoft

  4. Who has Okta invested in?

    Okta's has invested in companies such as Ockam, Productiv, Fast Forward
Stay up-to-date with the latest news on Okta