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Venture Capital News: Okta Lands $75M Funding Round

2014-06-09
SAN FRANCISCO, CA, Enterprise-grade identity management service has raised $75M in Series E funding.
According to published reports, Okta, builder of an enterprise-grade identity management service, has raised $75M in Series E funding. Led by Sequoia Capital, additional investors include Andreessen Horowitz, Greylock Partners and Khosla Ventures, Janus Capital Group and Altimeter Capital.

Okta is an enterprise-grade identity management service, built from the ground up in the cloud and designed to address the challenges of a cloud, mobile and interconnected business world. Okta integrates with existing directories and identity systems, as well as thousands of on-premises, cloud-based and mobile applications, to enable IT to securely manage access anywhere, anytime and from any device.
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