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TechCrunch Okta soars 5% after first earnings report
Okta soars 5% after first earnings report
social.techcrunch.com
Okta reported its first quarterly results since going public in April. The company managed to surpass investors expectations and went up 5% in initial after-hours trading. Okta, which provides identity management software for businesses, brought in $ Read more ... 53 million in revenue, a 67% increase from the sam...
105 months ago
Inc. Magazine Okta’s rivals are surprisingly upbeat.
Okta's $187 Million Tech IPO Isn't Scaring Off Rivals
inc.com
If you're in the identity-management business, you might be happy that Okta just raised a bunch of money.
107 months ago
TechCrunch Okta is latest success story
Okta pops as Wall Street continues to takes a shine to the enterprise
social.techcrunch.com
Okta came out of the gate strong today in its Wall Street debut, attracting the type of institutional investors CEO Todd McKinnon says should be around for..
107 months ago
Techmeme "Okta helps companies manage how their employees securely sign into various cloud-based services. Its revenue grew to $160.3 million in the last fiscal year, up from $85.9 million the year before, according to regulatory filings. But net losses also Read more ... grew to $83.5 million, wider than the $76.3 million net loss the prior year."
Okta shares open up 35%+ on first day of trading after raising $187M in its IPO
Anita Balakrishnan / CNBC
Okta shares popped more than 35% percent on Friday morning in their debut on the public market, trading around $23. — Shares of the stock started trading on the Nasdaq with the symbol OKTA.
107 months ago
Techmeme "The San Francisco-based company plans to trade on the NASDAQ under ticker symbol OKTA, with Goldman Sachs listed as left lead underwriter. Financials: Okta is not profitable yet. It reported net losses of $59.1M and $76.3M in fiscal 2015 and 2016, r Read more ... espectively, and $54.9M and $65.3M for the nine months ended October 31, 2015 and 2016. Okta brought in $41.0M in revenue during the fiscal year of 2015, and $85.9M in fiscal 2016."
Okta files for IPO, looking to raise $100M, and discloses fiscal 2016 loss of $76.3M, up from $59.1M in 2015 (Kia Kokalitcheva / Axios) http://techme.me/NI0F
108 months ago
Techmeme "In the deal, Google gets a cloud-native identity-as-a-service provider that it can use to entice enterprises to adopt its productivity suite and cloud platform. Okta gets access to massive customers that are looking to modernize their technology sta Read more ... ck. That's especially important for Okta as it goes up against a slew of competitors, including Microsoft, OneLogin, and others. "
Google to use Okta as its preferred identity provider for Google Apps enterprise customers
Blair Hanley Frank / PCWorld
Google Apps will use Okta as its preferred identity provider for enterprise customers — Identity management vendor Okta and Google have announced …
115 months ago
TechCrunch API access needs management.
Okta extends identity management to APIs
social.techcrunch.com
Okta announced it was bringing identity management to APIs today at its Oktane customer conference in Las Vegas. For a long time, Okta was about connecting..
115 months ago
Techmeme "The deal valued Okta at nearly $1.2 billion, including the value of the newly purchased shares, said Okta CEO and co-founder Todd McKinnon. That is an increase from the $675 million valuation in Okta’s stock sale announced in June 2014."
Okta rai Read more ... ses $75M round led by Andreessen Horowitz, Greylock Partners, and Sequoia Capital, at a valuation of nearly $1.2B (Shira Ovide / Wall Street Journal) http://on.wsj.com/1JPEPoI http://techme.me/K1kD
127 months ago
TechCrunch Okta enters Unicorn status with $75M round
Okta Joins Unicorns With $75M Round And Looks Towards IPO
tcrn.ch
Okta, the cloud identity management company, announced a $75 million round. Okta was valued at $1.2 billion in this deal, meaning it has entered the..
127 months ago
TechCrunch Okta report finds Office 365 most used app.
Okta Customer Research Finds Office 365 Most Used Cloud Service
tcrn.ch
As a cloud identity management service, Okta collects tons of data about how its customers use other cloud products. Today it released its first Okta..
127 months ago