Okta - M&A Summary and Business Overview

Information TechnologyCompany

Okta M&A Summary

Okta has acquired 6 companies, including 3 in the last 5 years.

Okta’s largest acquisition to date was in 2021, when it acquired Auth0 for $6.5B. Okta has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include internet software and services (50%) and manufacturing (17%).

Okta Business Overview

Where is Okta headquartered?

Okta is headquartered in San Francisco, California.

What is Okta’s revenue?

Okta disclosed revenue of 586M USD for 2020 and 399M USD for 2019.

How many employees does Okta have?

Okta has 3,056 employees.

What sector is Okta in?

Okta is an information technology company.

When was Okta founded?

Okta was founded in 2009.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity6
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

Okta

Okta, Inc.

100 First Street,
San Francisco, California 94105
United States,
(888) 722-7871
www.okta.com

Okta is an independent provider of identity for the enterprise. The Company's Identity Cloud is its category defining platform that enables customers to securely connect people to technology, anywhere, anytime and from any device. Okta was formed in 2009 and is based in San Francisco, California.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 4 - 1 - 1 - 6
vol $53M $6.5B $6.6B
Sell (0.0/yr) # - - - - - - 0
  6

Most Recent M&A

Company Date Value Type
Spera Cybersecurity, Inc. 2023-12-19 - Add-on Acquisition
Tel Aviv, Israel · www.spera.security
Auth0, Inc. 2021-03-03 6.5B USD Add-on Acquisition
Bellevue, Washington · www.auth0.com
Azuqua, Inc. 2019-03-07 53M USD Add-on Acquisition
Seattle, Washington · www.azuqua.com
Laminate Works Dallas LLC 2018-07-18 - Divestiture
Dallas, Texas
ScaleFT, Inc. 2018-07-18 - Add-on Acquisition
San Francisco, California · www.scaleft.com
Stormpath, Inc. 2017-03-06 - Add-on Acquisition
San Mateo, California · www.stormpath.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 3 (50%) 6.6B (100%) - -
Information Technology 1 (17%) - - -
Manufacturing 1 (17%) - - -
Software 1 (17%) - - -
Total 6 $6.6B - -

By Geo

State/Country Buy Value Sell Value
United States 5 6.6B - -
  Washington 2 6.6B - -
  California 2 - - -
  Texas 1 - - -
Israel 1 - - -
Domestic 5 (83%) 6.6B (100%) - -
Cross-border 1 (17%) - - -
Total 6 $6.6B - -

Top M&A Advisors

Financial Deals
Morgan Stanley
 1
Legal Deals
Latham & Watkins
 1

Deal Values

buy # Total
> $1B 1 $6.5B
< $100M 1 $53M
TOTAL $6.6B
Largest Auth0, Inc.
$6.5B (2021-03-03)

M&A Connections

Deals
Acquired from
Strategic(s)
17%
1 (17%)

Company Summary

SECTOR

Information Technology

Revenue

586   47% 2020
399   54% 2019
260   63% 2018
160   87% 2017
86   110% 2016
41   2015
(millions of USD) Show More Show Less

Employees

3,056

Established

2009

Public

NASDAQ: OKTA

Former Name

SaaSure, Inc.

 Subscribe to unlock this and 202,135
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 193K M&A Transactions
  • 198K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Okta

California Companies , Information Technology Companies , United States Companies , California Information Technology Companies , California Information Technology with Acquisitions , California Information Technology with Divestitures

Related Lists for California Companies

Largest California Companies , Acquisitive California Companies , Recently Acquired California Companies , Recently Sold California Companies , Private California Companies , Public California Companies , Acquired California Companies , PE Backed California Companies

Related Lists for Information Technology Companies

Largest Information Technology Companies , Acquisitive Information Technology Companies , Recently Acquired Information Technology Companies , Recently Sold Information Technology Companies , Private Information Technology Companies , Public Information Technology Companies , Acquired Information Technology Companies , PE Backed Information Technology Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal