Okta (NASDAQ: OKTA) is a publicly traded Identity & Access (IAM/PAM) company founded in 2009 and based in San Francisco, United States.
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
Okta reported Q1 FY2027 revenue of $765 million, growing 11% year-over-year, with subscription revenue (98% of total) reaching $750 million, also +11% YoY. GAAP operating income improved to $56 million (7% margin) from $39 million (6% margin) YoY. GAAP net income was $74 million, or $0.42 diluted EPS, versus $62 million and $0.35 EPS in the prior year. Current remaining performance obligations (cRPO) grew 12% YoY to $2.499 billion, signaling near-term bookings strength. Free cash flow was $271 million (35% margin), up from $238 million YoY. The company guided Q2 revenue of $790–794 million (9% growth) and raised FY2027 full-year revenue guidance to $3.185–3.205 billion (9–10% growth), though this includes a ~1 percentage point headwind from shifting professional services to partners. Management highlighted gains from go-to-market specialization, large-enterprise traction, and success of Okta Identity Governance in their unified identity platform.
FY2027 total revenue $3.185–3.205B (9–10% growth); Q2 revenue $790–794M (9% growth)

OpenSSL's HollowByte flaw lets 11-byte TLS requests freeze server memory; Okta's Red Team reported the bug and the fix shipped quietly in June.

Okta tracks a threat actor using voice phishing to trick Microsoft 365 users into enrolling a rogue Entra passkey for data extortion.

Cybersecurity stocks rally as analyst upgrades push CrowdStrike up 5%, Palo Alto Networks and Okta up 4%.

Prophet Security publishes a step-by-step guide on investigating Okta security alerts and reducing false positives.
Workforce Identity Cloud secures how employees, contractors, and partners access the applications and resources they need. It provides single sign-on, adaptive multi-factor authentication, lifecycle management, and identity governance so organizations can centralize access control, enforce least privilege, and reduce credential-based risk. Built on a large catalog of pre-integrated applications, it lets IT and security teams onboard and offboard users quickly, apply consistent policies across cloud and on-premises systems, and detect and respond to suspicious access across the workforce.
Customer Identity Cloud, powered by Auth0, lets businesses add secure authentication and authorization to their own applications and digital products. It gives developers flexible, standards-based login, social and passwordless sign-in, multi-factor authentication, and fraud and bot defenses, so companies can grow consumer user bases without building identity infrastructure themselves. Used across web and mobile apps, it helps product and engineering teams deliver smooth sign-up and login experiences while protecting customer accounts and meeting privacy and compliance requirements.
45 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
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