June 19, 2013 3:53 AM ET

Internet Software and Services

Company Overview of Okta, Inc.

Company Overview

Okta, Inc. provides cloud application management service. Its service allows companies to transform their various cloud applications into Cloud Area Network to get control of their users, applications, and data in the cloud and behind the firewall. The company serves customers ranging from small businesses to large enterprises. Okta, Inc. was formerly known as SaaSure Inc. Okta, Inc. was founded in 2008 and is based in San Francisco, California.

400 2nd Street

Suite 350

San Francisco, CA 94107

United States

Founded in 2008

Phone:

415-494-8029

www.okta.com

Key Executives for Okta, Inc.

Co-Founder
Chief Security Officer
Vice President of Products
Vice President of Engineering
Compensation as of Fiscal Year 2012.

Okta, Inc. Key Developments

Okta Delivers New Functionality to Address Rapidly Growing Market for Customer and Partner Identity Management

Okta announced new service functionality to address the challenges enterprises face in managing the identities of their partners and customers and providing them with secure access to business critical services. As part of its service, Okta has introduced a number of new features to support external identity management scenarios, including: Comprehensive Set of RESTFUL APIs: Okta's APIs span account creation, automated provisioning, access control and session management, each of which are critical in enabling customers to integrate Okta's identity service into any kind of external-facing portal, Rich, In-Product Customization Options: For companies that want to deliver a branded user experience without investing significant development resources, Okta offers customization options to make delivery of an Okta-powered customer or partner portal a simple configuration exercise, Seamless Federated Access Into B2B Portals: Okta enables enterprises to offer partners seamless federated access to B2B portals from existing on-premises directories or identity management systems. With just a few clicks, customers can provide single sign-on, as well as provisioning and deprovisioning capabilities, to external portals just as they do internally.

Okta, Inc. Announces a Broad Set of New Functionality for Cloud, Mobile and On-Premises Environments

Okta, Inc. announced a broad set of new functionality for cloud, mobile and on-premises environments to allow enterprises to manage seamless, secure access across any person, application or device. Okta's newest features deliver flexible and highly secure access to both, cloud, mobile and on-premises applications, as well as extend its core identity platform. Features include: Microsoft Office 365 Support: The industry's most comprehensive, Microsoft-certified support for single sign-on and user management for this critical cloud application; Okta Mobile Application: A native Okta iOS application for iPads and iPhones; Expanded Directory and Custom Application Integration: LDAP Integration for vendors such as Sun/Oracle, Open LDAP and Open DJ, as well as authoring tools and authentication plug-ins for web application platforms; Expanded MFA Capability: New SMS-based, two-factor authentication through Okta's native multi-factor authentication (MFA) solution and support for Verisign VIP; Flexible Policy Framework: A simple, yet powerful framework to manage access policies to applications by factors such as time of day or location; Robust Set of Platform APIs: Access to a new collection of REST APIs across a broad range of authentication, password, user and group management functionality.

Okta, Inc. Partners with Workday, Inc. to Deliver Cloud-Native, HR-Driven Identity Management Solution for the Enterprise

Okta, Inc. announced a partnership with Workday, Inc. that spans joint product development and go-to-market activities. Together, Okta and Workday are harnessing the power of the cloud to provide enterprises with an accelerated path to greater integrated value with dramatically lower upfront and ongoing costs than previously possible in the on-premises world. The first result of this collaboration is a cloud-native, HR-driven identity lifecycle management solution that leverages workforce data in Workday to provide seamless, secure employee access to their business applications and gives IT the ability to centrally secure and control their cloud infrastructures Okta's Identity Lifecycle Management Solution integrated with Workday leverages the power of the cloud to deliver increased functionality at dramatically lower costs for large enterprises. It also makes it possible for mid-sized businesses everywhere to gain access to enterprise-level HR and identity management functionality that was previously unattainable. As a result of Okta's integration with Workday, joint customers can more deeply leverage their investment in each solution, to the benefit of IT, HR and employees alike. Features of the Identity Lifecycle Management Solution. The partnership between Okta and Workday is generating a rapidly growing list of enterprise customers that includes Gilt Groupe, Helmerich & Payne, Inc., Informatica, Point B, ServiceSource, T.D. Williamson and Weil, Gotshal & Manges LLP. In addition, Workday is also using the Okta solution internally for their identity management needs. Workday and Okta have also enabled the community of Workday implementation partners, including Appirio, Collaborative Solutions, DayNine Consulting, Meteorix, OmniPoint and OneSource Virtual to deliver this joint solution.

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