New Customers, Company Growth Validates Market Need for On-Demand Identity Management to Securely Scale Cloud Adoption in The Enterprise
San Francisco, CA – February 1, 2012 — Today, Okta, the leading on-demand identity and access management service, announced significant company and customer base expansions and the addition of two key executives, closing out an impressive year since it launched in January 2011. This swift growth is proof that businesses are increasingly looking to the cloud to run leaner and smarter, and in turn are finding the need for Okta’s cloud-native identity and access management to secure and manage the adoption of web-based applications, both in the cloud and behind the firewall.
In the second half of 2011, Okta tripled its customer base and grew user count on their service by a factor of six by onboarding new customers across multiple industries. New customers include: Nestlé Purina, SRS Real Estate Partners, ShoreTel, Jazz Pharmaceuticals, Informatica, LegalZoom, First American Equipment Finance, California Charter Schools Association, School of Rock, Point B Solutions Group, Ruckus Wireless, Pabst Brewing Company and Weil, Gotshal & Manges, among others. Across the board, Okta’s customers reported improved security, increased employee productivity, lower IT costs, enhanced compliance and better ability to manage the ROI of their SaaS investments.
In response to this tremendous customer traction and to further accelerate their ability to capitalize on this huge