Money and deals
4 movesFunding, acquisitions, deals and filings.
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Okta Ventures, along with SE Ventures and Crosspoint Capital, invested $10 million in Command Zero.
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Okta has acquired Permiso, which is aimed at strengthening its AI security capabilities. Okta's annual revenue view has also been lifted.
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Okta lifted its annual revenue view and reported double-digit growth, as indicated in multiple articles. Additionally, Okta closed the acquisition of Permiso, further contributing to its positive outlook.
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Okta reported a revenue projection of $2.3 billion ARR for 2024 and disclosed that it raised $454.3 million.
People
3 movesLeadership appointments and departures.
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Carolina Andrade has been appointed as Global VP of Revenue Strategy & Operations at Okta.
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Helen Riley has been appointed to Okta's Board of Directors, as reported by multiple sources.
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Okta appointed Scott Morgan, a former executive from Splunk, as their Chief Legal Officer.
In the news
10 movesCoverage in the press.
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TrueFoundry has joined Okta’s Cross App Access Ecosystem, which extends workforce identity policies to AI agents.
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A report detailed a critical flaw in Okta's Access Gateway that enables attackers with administrative access to execute system commands.
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Okta has advanced its Agent Identity Framework as the market builds around pre-GA standards, as reported by Forkast News.
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Notable articles included discussions on Okta's stock being at new three-year highs and analysts' views on the company's valuation.
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Okta unveiled the Blueprint Alliance aimed at enhancing security for AI agents, as reported by GovTech.
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Okta has redesigned its partner program to place greater emphasis on service delivery, as reported by ChannelE2E. Additionally, Okta announced the addition of an AI agent runtime gateway and formed the Blueprint Alliance with AWS and CrowdStrike, according to SiliconANGLE.
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Okta announced the launch of Auth0 tools designed for AI agents and B2B logins, as reported by IT Brief Australia.
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Okta's stock has doubled in value in 2026, with analysts discussing the potential impact of AI agents on future growth.
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Okta announced the launch of Agent SSO, a new product aimed at standardizing digital labor identity.
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Okta announced the launch of Agent SSO, a solution designed for governing access to enterprise AI agents, with coverage from TNGlobal and SecurityBrief Australia.
OpsControl is not affiliated with Okta. Summaries of public sources, linked where available.