Okta

Okta, Inc. (formerly SaaSure Inc.) is an American identity and access management company based in San Francisco. In 2009, Todd McKinnon and Frederic Kerrest co-founded Okta, and the Identity-as-a-Service (IDaaS) market was born. We’re the leading independent partner for Identity management.

Überblick

Typ: Identity and Access Management-Unternehmen
Gründung: 2009 von Todd McKinnon und Frederic Kerrest
Hauptsitz: San Francisco, Kalifornien, USA
Börsengang: 2017 an der NASDAQ unter dem Symbol OKTA
Bewertung: Aktuell mit 18 Milliarden US-Dollar bewertet
Mitarbeiter: Etwa 6.000 Angestellte
Internationale Präsenz: Büros in 15 Ländern weltweit
Website: okta.com

Produkte und Services

Workforce Identity Cloud (WIC)

It provides cloud software that helps companies manage and secure user authentication into applications, and for developers to build identity controls into applications, websites, web services, and devices.

Single Sign-On (SSO): Allows users to log into a variety of systems using a single centralized process
Multi-Factor Authentication (MFA): Provides a layer of security for cloud, mobile, web applications, and data
Universal Directory: A cloud-based system of record to store and secure user, application, and device profiles
Lifecycle Management: Enables IT organizations or developers to manage a user’s identity throughout its lifecycle
Identity Governance: Provides identity access management and identity governance solutions

Customer Identity Cloud (CIC)

The Okta Customer Identity Cloud (CIC) is the company’s solution for CIAM, designed to secure external users of consumer-facing applications. It is explicitly “powered by Auth0,”

Universal Login: Allows customers to provide login experience across different applications and devices
Adaptive Multi-Factor Authentication: Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility
Attack Protection: A suite of security capabilities that protects customers from different types of malicious traffic

Geschichte und Entwicklung

Frühe Jahre

Okta was co-founded in 2009 by Todd McKinnon and Frederic Kerrest, who previously worked together at Salesforce.

Finanzierungsrunden und IPO

In 2015, the company raised US $75 million in venture capital from Andreessen Horowitz, Greylock Partners, and Sequoia Capital, at a total initial valuation of US$1.2 billion.

In 2017, Okta held its initial public offering (IPO), opening on Nasdaq at $17.00 per share, trading up on its first day, to raise an additional US$187 million.

Strategische Akquisitionen

Jahr	Unternehmen	Preis	Zweck
2021	Auth0	6,5 Milliarden US-Dollar	Customer Identity Platform
2021	atSpoke	90 Millionen US-Dollar	IT Service Management
2023	Spera Security	100-130 Millionen US-Dollar	Identity Security Platform
2025	Axiom Security	Geschätzte 100 Millionen US-Dollar	Privileged Access Management

Meilensteine

2019: Over 100 million registered users
2022: Over 15,000 customers by the end of fiscal year 2022

Team und Führung

CEO und Mitgründer

Todd McKinnon is the CEO and co-founder of Okta, the leading independent identity provider, which he co-founded in 2009 with Frederic Kerrest.

Hintergrund Todd McKinnon:

Ausbildung: Bachelor’s degree in management and information systems from Brigham Young University and his master’s in computer science from Cal Poly San Luis Obispo
Berufserfahrung: Prior to Okta, he led engineering at Salesforce.com, where he grew the team from 15 people to more than 250. Todd started his career at PeopleSoft, where he held a number of engineering and leadership roles throughout his 8-year tenure.

Führungsteam

Okta’s CEO, Chairperson of the Board and Co-Founder is Todd McKinnon. Other executives include Jon Addison, Chief Revenue Officer; David Bradbury, Chief Security Officer and 20 others.

Investoren und Eigentümer

Venture Capital

In 2015, the company raised US $75 million in venture capital from Andreessen Horenz, Greylock Partners, and Sequoia Capital

Börseninvestoren

At the time of its IPO, Sequoia Capital was the biggest shareholder, with a 21.2 percent stake.

Corporate Venture

Okta Ventures provides capital, expertise, and special opportunities to startups that are creating cutting-edge technologies enabled by Identity, security, and privacy.

Konkurrenz

Hauptkonkurrenten

Microsoft Entra ID (Azure Active Directory)

When it comes to managing who has access to what in your systems, Okta vs Azure AD are two big names you’ll hear. In the web application single sign-on (SSO) landscape, admins are often comparing Azure Active Directory (Azure AD or AAD) and Okta.

Vergleich:

Microsoft-Vorteil: Azure AD is perfect if you’re already using a lot of Microsoft tools because it integrates seamlessly with things like Office 365 and Azure. With its robust integration with Microsoft applications like Teams and Office 365, Azure AD is the best option for companies to rely on these tools for daily operations.
Okta-Vorteil: But if you’re using a mix of cloud services, Okta is your go-to, offering tons of flexibility and strong security for all kinds of platforms. Okta supports SSO for over 7,000 apps

Weitere Alternativen

Azure AD, Auth0, and OneLogin each offer distinctive features and strengths that cater to different requirements.

Marktposition

Microsoft has a rating of 4.4 stars with 742 reviews. Okta has a rating of 4.6 stars with 1101 reviews.

Reviewers felt that Okta meets the needs of their business better than Microsoft Azure Active Directory.

Sicherheitsvorfälle

Historische Vorfälle

2021: Hacking collective “Advanced Persistent Threat 69420” breached an Okta office network through a security failure in the company’s Verkada camera setup
2022: The hacking group LAPSUS$ posted screenshots claiming to be from Okta internal systems
2023: In early October 2023, Okta was notified of a breach resulting in hackers stealing HTTP access tokens from Okta’s support platform by BeyondTrust. Customers impacted by the Okta breach included Caesars Entertainment, MGM Resorts International, 1Password and Cloudflare. On November 29th, 2023, it was known that the security incident affected all Okta customers.