VC-backed Okta debuts IPO
Okta, a provider of identity solutions for businesses, has raised $187 million for its IPO after pricing its 11 million shares at $17 per share. Okta began trading April 7, 2017 on the NASDAQ under the ticker symbol “OKTA.” Goldman Sachs, J.P. Morgan Securities LLC and Allen & Company LLC are serving as the lead underwriters. Okta is backed by Andreesseen Horowitz, Greylock Partners and Sequoia Capital.
7 April 2017•2 mins read
