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Okta

Technologycloud platformsconnectivityenterprise softwareidentity managementsecurity
Okta is a provider of identity for enterprises. The Okta Identity Cloud connects and protects employees of many of the world's largest enterprises. It also securely connects enterprises to their partners, suppliers and customers. The Company's platform provides universal directory, single sign-on, automatic authentication, provisioning, centralized control of people and groups, adaptive multi-factor authentication, policy framework, mobility management, Okta application network, reporting and policy engine solutions. 
Revenue(FY, 2016)
$85.9 M
Market capitalization(2017-10-19)
$2.7 B
Customers(Oct, 2016)
2.9 K
Company Growth (employees)
Type
Public
HQ
San Francisco, US
Founded
2009
Size (employees)
1,102 (est)+7%
Website
okta.com
Okta was founded in 2009 and is headquartered in San Francisco, US

Key People/Management at Okta

Todd McKinnon

Todd McKinnon

CEO & Co-Founder
Bill Losch

Bill Losch

Chief Financial Officer
Eric Berg

Eric Berg

Chief Product Officer
Hector Aguilar

Hector Aguilar

Chief Technology Officer & Executive Vice President of Engineering
Yassir Abousselham

Yassir Abousselham

Chief Security Officer

Okta Office Locations

Okta has offices in San Francisco, Bellevue, Amsterdam, London and in 14 other locations
San Francisco, US (HQ)
301 Brannan Street, Suite 300
North Sydney, AU
100 Walker St
London, GB
503 201 Borough High St
Amsterdam, NL
Benelux Barbara Strozzilaan 201
Bellevue, US
Key Center, 601 108th Avenue Northeast 19th Floor, Suite 1934
Show all (18)

Okta Financials and Metrics

Okta Financials

Okta's revenue was reported to be $85.9 m in FY, 2016 which is a 109% increase from the previous period.
USD

Revenue (FY, 2016)

85.9 m

Revenue growth (FY, 2015 - FY, 2016), %

109%

Gross profit (FY, 2016)

49.9 m

Gross profit margin (FY, 2016), %

58%

Net income (FY, 2016)

(76.3 m)

EBIT (FY, 2016)

(76 m)

Market capitalization (19-Oct-2017)

2.7 b

Closing share price (19-Oct-2017)

27.7

Cash (31-Dec-2016)

54.4 m
Okta's current market capitalization is $2.7 b.
USDFY, 2015FY, 2016

Revenue

41 m85.9 m

Revenue growth, %

109%

Cost of goods sold

18.7 m36 m

Gross profit

22.3 m49.9 m
show all
USDFY, 2015FY, 2016

Cash

18.2 m54.4 m

Accounts Receivable

13.1 m23 m

Current Assets

82.5 m125.7 m

PP&E

1.5 m5.2 m
show all
USDFY, 2015FY, 2016

Net Income

(59.1 m)(76.3 m)

Depreciation and Amortization

1.9 m2.9 m

Accounts Receivable

(7.2 m)(10.7 m)

Accounts Payable

2.8 m962 k
show all
USDY, 2016

P/E Ratio

(6.5)

Revenue/Employee

105.6 k

Financial Leverage

-0.8 x
Show all financial metrics

Okta Operating Metrics

Okta's Users was reported to be 40 m in Oct, 2016. Okta's Customers was reported to be 2.9 k in Oct, 2016
FY, 2015FY, 2016Oct, 2016

Calculated Billings

68.1 m118.02 m

Customers

1.32 k2.23 k2.9 k

Users

40 m
Show all operating metrics

Okta Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
StormpathMarch 06, 2017

Okta Market Value History

Okta Revenue Breakdown

Okta Median Salaries

Source: 117 public H-1B filings from Okta

Market Position of Okta

Competitors

Identiv
Technology - Public
SailPoint Technologies
Technology - Private
Envoy
Technology - Private
Ping Identity
Technology - Subsidiary
Compare competitors

Traffic Overview of Okta

Okta Online and Social Media Presence

Okta News and Updates

October 18, 2017

Identity Management Makes Modernization Possible

A user-focused modernization project not only ensures that new technologies meet stakeholder needs; it also illuminates a new tactic for increasing security. By using the identity of individual users – whether employees, citizens or other agencies – organizations can adopt new technologies that tran…
October 18, 2017

Identity Management Makes Modernization Possible

A user-focused modernization project not only ensures that new technologies meet stakeholder needs; it also illuminates a new tactic for increasing security. By using the identity of individual users – whether employees, citizens or other agencies – organizations can adopt new technologies that tran…
September 18, 2017

Put Your Money Where Your Mouth Is When It Comes to Social Responsibility

Focusing on corporate responsibility doesn't just benefit the community, it also helps the company succeed.
August 31, 2017

Okta announces secure APIs, 2FA and new developer announcements

It's been a busy week for the enterprise identity provider.
August 30, 2017

Okta Integrates with Palo Alto Networks Next-Generation Security Platform

PRESS RELEASE: Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced integrations with the Palo Alto Networks® Next-Generation Security Platform to provide security across cloud, on-premises...
August 30, 2017

Okta Introduces Okta for Good Fund

PRESS RELEASE: Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today introduced the Okta for Good Fund. Okta also announced NetHope, a global consortium of the world's leading nonprofits, as the first ...
Show more

Okta Company Life and Culture

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