When was Okta founded?

Okta was founded in 2009 Learn more about Okta

Okta's CEO is Todd McKinnon View the CEO's ratings

How much revenue does Okta generate?

Okta generates $835.4M in revenue View quarterly and annual revenue performance

How much funding does Okta have?

Okta has historically raised $466.3M in funding More about funding for Okta

Where is Okta's headquarters?

Okta's headquarters is in San Francisco California, USA See the address and contact information for Okta

How many employees does Okta have?

Okta has 6,100 employees Learn more about Okta

What sector does Okta operate in?

Okta is in Identity Management, Internet Software Learn more about Okta competitors in Identity Management

Who are Okta's competitors?

Okta's top competitors are Duo, IBM, Microsoft View the full list of Okta competitors

Who has Okta invested in?

Okta's has invested in companies such as DataGrail, Pipe, Modern Health More about Okta investments

Overview Competitors Acquisitions Funding News & Insights

Okta

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

5,390 Followers on Owler

Okta

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

Co-Founder & CEO

Todd McKinnon

CEO Approval Rating

72/100

Founded:

2009

Status:

PublicIndependent CompanyNASDAQOKTA

SIC Code:

7372 NAICS listing »

Website:

https://www.okta.com/

Annual Revenue

Employees

Sector

Headquarters

San Francisco Bay Area

OKTA TOP COMPETITORS OR ALTERNATIVES

Missing a competitor? Contribute!

Okta's top 4 competitors are Duo, IBM, Microsoft and Oracle. Together they have raised over 2.7B between their estimated 650.0K employees. Okta has 6,100 employees and is ranked 4th among it's top 10 competitors. The top 10 competitors average 127,500.

Duo is the top competitor of Okta. Duo was founded in 2009, and its headquarters is in Ann Arbor, Michigan. Like Okta, Duo also operates in the Identity Management 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. Like Okta, IBM also works within the Internet Software field. Compared to Okta, IBM generates $72.9B more revenue.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Apple a competitor of Okta?

I don't know

Okta Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$835.4M

Okta's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 53.5B. Over the last four quarters, Okta's revenue has grown by 28.4%. Specifically, in Q1 2021's revenue was $234.7M; in Q4 2020, it was $217.4M; in Q3 2020, it was $200.4M; in Q2 2020, Okta's revenue was $182.9M.

Okta Acquisitions

COMPANY ACQUIRED

ACQUISITION DATE

AMOUNT

DESCRIPTION

Auth0, Inc.

Mar 2021

Source »

$6.5B

Auth0 develops an identity authentication platform that offers user management and enterprise integration solutions for finance and media industries.

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 3 companies and its latest acquisition was Auth0, Inc. in Mar 2021. Auth0 develops an identity authentication platform that offers user management and enterprise integration solutions for finance and media industries.

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

Investment Fund

Apr 2019

$50M

IPO

Apr 2017

$187M

Series F

Sep 2015

$75M

Series E

Jun 2014

$75M

Series D

Sep 2013

$27M

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

Okta Investments

DataGrail develops a privacy regulation platform that allows enterprises to manage data privacy requests.

$30M

Mar 09, 2021

Series B

Pipe is a subscription-based financial platform that provides monthly and annual recurring revenue management solutions for businesses.

$50M

Mar 08, 2021

Growth

Modern Health is a California-based mental health and wellness platform that provides behavioural health management programs for corporate employees.

$51M

Dec 14, 2020

Series C

Hunters develops a cybersecurity platform that offers autonomous threat detection and endpoint security solutions to businesses.

$15M

Jun 29, 2020

Series A

Ockam designs, develops and distributes software tools that enables secure connectivity and credential management solutions for IoT developers.

$1.7M

Nov 30, 2019

Seed

These are all the companies that Okta has invested in. Okta has invested 3 companies and its latest investment was Auth0, Inc. in Mar 2021. Auth0 develops an identity authentication platform that offers user management and enterprise integration solutions for finance and media industries.

Okta News

See all articles »

May 3, 2021VentureBeat

Okta completes $6.5B Auth0 acquisition

Okta has announced that its $6.5 billion Auth0 acquisition is now complete, with Auth0 now operating ... See more »

May 3, 2021IT Wire

Okta buys Auth0 at US$6.5 billion

Okta has successfully sealed the deal with Auth0, acquiring the identity platform at US$6.5 billion, ... See more »

April 30, 2021The Business Journals: San Francisco Business Times

Fast-growing Okta is the latest company to advertise space short-term

Okta began piloting a "dynamic work" framework in 2019- prior to the pandemic - and says that this fl... See more »

April 27, 2021FinSMEs

Kandji Raises $60M in Series B Funding

Kandji, a San Diego, CA-based an Apple device management (MDM) company, raised $60m in Series B fundi... See more »

April 26, 2021Mobile ID World

Okta Releases Improved End User Dashboard

Okta has moved forward with a major redesign of its Okta End User Dashboard. The updated Dashboard is... See more »

April 22, 20219to5Mac

Apple's enterprise growth remains strong as Kandji announces $60 million Series B funding round

Kandji is one of the newcomers in the Apple enterprise market, but they've made a name for themselves... See more »

April 22, 2021Seeking Alpha

Okta gets bullish start at Raymond James on Salesforce-esque 'pivot point'

Okta Blogs

See all articles »

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

See all articles »

April 13, 2021ePRNews

Tech Impact's Francis Johnson Named Fellow by the Okta for Good Nonprofit Technology Initiative

Tech Impact, a 501(c)(3) that empowers communities and nonprofits to use technology to better serve o... See more »

April 6, 2021Business Wire

Code42 and Okta Partner to Accelerate the Right Response During Insider Risk Investigations

MINNEAPOLIS--(BUSINESS WIRE)-- #insiderrisk--Code42 has integrated its Incydr data risk detection and... See more »

March 4, 2021Business Wire

Okta Announces Strong Fourth Quarter and Fiscal Year 2021 Results

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider,... See more »

March 3, 2021Business Wire

Crate and Barrel and NTT DATA Transform their Identity Strategies with Okta

SAN FRANCISCO--(BUSINESS WIRE)--Okta, Inc. (NASDAQ:OKTA), the leading independent identity provider, ... See more »

February 2, 2021PR Newswire

Cleanshelf Combines SaaS Visibility and Access Management Into a Single Platform with Okta Integration

CHICAGO, Feb. 2, 2021 /PRNewswire/ -- Paragon Biosciences, a life science innovator that creates, inv... See more »

December 13, 2020PRWeb

Labor Law Attorneys, Blumenthal Nordrehaug Bhowmik De Blouw LLP, File Lawsuit Against Okta, Inc. for Allegedly Failing to Accurately Pay Employees' Wages

The lawsuit alleges Okta, Inc. violated the California Labor Code by failing to compensate their empl... See more »

December 3, 2020News n Releases

Okta and Amazon Web Services Bring the Okta Identity Cloud to AWS Mark

Further helps enterprises accelerate adoption of secure cloud infrastructure, broad identity solution... See more »