funding

Crossing the Atlantic: Thoughts on our Series D Funding

Last week, Okta proudly announced a $27 million series D round of funding, which will be used for growing our company internationally. This funding marks a very strong vote of confidence from our investors for Okta and for cloud-based identity management as an industry, but I’m personally most excited about what it means for our future and wanted…

Fuel for the Okta Fire: Thoughts on our Series C Funding, Welcoming Sequoia and the Next Big Step

Earlier today, we announced the close of a $25 million round in series C financing led by Sequoia Capital. We’re very lucky to add the Sequoia team to our list of amazing investors – which already includes Andreessen Horowitz, Khosla Ventures, Greylock Partners, and FLOODGATE. The details are highlighted in the press release, but I’d like to share…

Thoughts on Okta’s Series B Funding – Why Our Investors Participated and How We Pitched Them (Part 2)

Yesterday, I posted about how we pitched our investors for this latest round of funding on our disruption of the IT industry and why our solution is necessary for cloud to work in the enterprise. Today, I’d like to talk more about the larger market opportunity we see and our plans for the new funding. A Fundamental Shift – In Need of a Foundation…

Thoughts on Okta’s Series B Funding – Why Our Investors Participated and How We Pitched Them (Part 1)

As I’m sure you’ve seen, we announced today that we’ve closed our series B financing. Khosla and Greylock, David and Aneel all bring invaluable experience as investors and operators to our team. Needless to say, we are excited. This investment gives us the capital we need to make our current customers more successful, broaden our product and…

Powder in the keg

Back in February of this year, we closed our Series A round of financing. We haven't announced it until now - we've been too focused on building our product, our team and making our customers successful. Now that enough people are asking we wanted to communicate more broadly about the investment, our backers and how we're putting those funds to…

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