Thursday, September 10, 2015

Okta Raises $75M For Identity Management

San Francisco-based Okta, a provider of identity management software, said Wednesday that it has raised $75M in a funding round, bringing its total raised to $230M. The round reportedly values the company at $1.2 billion. The funding came from Andreessen Horowitz, Greylock Partners and Sequoia Capital, along with Khosla Ventures, Altimeter Capital, Glynn Capital and others. Okta is led by Todd McKinnon.