Company Overview
Founded in 2009, Okta pioneered the product category now known as Identity Management as a Service (IDaaS). With this innovative cloud service Okta dramatically improved the end-user experience, while giving enterprises the control to manage and secure all their web applications, on-prem or in the cloud. The service begins with Single Sign-On, eliminating the nightmare of managing dozens of passwords for cloud and web applications. Okta then adds Application Provisioning, Directory Services, Strong Authentication, Advanced Reporting and Analytics, and a Universal Directory to create the industry’s most feature-rich and most widely-deployed IDaaS product.
Okta has further innovated with a fresh approach to mobile security. Okta Mobility Management takes the right parts of enterprise mobility management, makes them simple, and combines them with the core Okta IDaaS service to create solutions that were not possible before. A Bring Your Own Device policy can now be both secure and efficient with Okta Mobility Management.
Okta’s identity platform connects organizations to their partners, to their suppliers, and to their customers. As a cloud based identity service, Okta offers modern APIs to let companies focus on their product or application, while giving them secure and reliable identity services that are incredibly easy to embed.
Okta’s innovative approach has been validated not only by the marketplace, but by leading investors with the most recent round of funding closed in June 2014. Okta has seen roughly 100% YOY growth for the past five years and continues to see tremendous market momentum.
3FORTY3 Executive Search Summary
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