Tech Company Inital Public Offerings
Okta IPO
Okta, operating out of San Francisco, had an IPO event on 4/7/2017.
Transaction Overview
Company Name
Announced On
4/7/2017
Transaction Type
IPO
Amount
$187,000,000
Proceeds Purpose
The principal purposes of this offering are to increase our financial flexibility, create a public market for our Class A common stock and facilitate our future access to the public equity markets. We currently intend to use the net proceeds that we will receive from this offering for working capital, other general corporate purposes and to fund our growth strategies, including continued investments in our business, expanding our international footprint and growing demand for our external use case. We may also use a portion of the net proceeds that we receive to acquire or invest in complementary businesses, products, services, technologies or other assets.
Company Information
Company Status
Publicly-held
Industry
Enterprise IT
Mailing Address
100 1st St. 6th Floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Okta (Nasdaq: OKTA) develop products that enable people to access applications and other tools more smoothly and securely than ever before. Your cloud applications are no longer tactical point solutions, they are the backbone of your business.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Todd McKinnon
Chief Marketing Officer
Ryan Carlson
Chief Operating Officer
Frederic Kerrest
Chief Technical Officer
Hector Aguilar
VP - Operations
Charles Race
VP - Product Management
Diya Jolly
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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