Okta Launches $50M Security-Focused Fund
After a decade in the security space, Okta, a San Francisco cloud-based security company, has launched a $50 million fund to invest in startups that care about the same things they do: identity, security, and privacy.
Okta plans to invest in startups that are already raising an early-stage round with an existing lead investor. It’s focused on companies that have the “potential to deliver unique value to Okta’s deep network of pre-built integrations,” per it’s website.
In addition to capital, Okta will offer its investments a range of services, like help with marketing and access to in-house technology and software. Startups can use Okta’s customer and workforce identity products for up to a year, it said.
Okta Ventures has already invested in one startup: Trusted Key, a block-chain company founded by former executives at Microsoft, Oracle, and Symantec. Trusted Key, like Okta, focuses on proofing user identities.
These investments will also strategically benefit Okta.
“Beyond investing in industry-wide innovation, we also recognize how valuable these advancements can be for our customers,” said Frederic Kerrest, Okta’s chief operating officer and co-founder. He added that they expect the companies to “extend” to their platform.
The company, which went public two years ago, is the latest in a series of corporations looking to invest in their younger competition: startups. This month alone, we wrote about several companies investing millions in startups, from Intel Capital, to Chevron, to Starbucks. It’s a trend that we started noticing last year, and it doesn’t seem to be going away anytime soon, so expect a roundup from us.
Industry: Cyber Security News
- SailPoint File Access Manager Consultant/ Architect
- discussed on applications
SailPoint File Access Manager (SailPoint FAM) Consultant/ Architect is required for an up coming projects, Ideally looking for someone with experience in Designing and deploying SailPoint FAM , this is a new Deployment, you will work with customer in the initial workshop phase, to understand requirements and to get the initial design, you will then be responsible for deploying the solution. This is a home based role, with some onsite visits required during the length of the project. We are looking for someone who has previous experience in Deploying SailPoint FAM (ideally done design work) Need to have experience with SharePoint and ideally Azure and Share file
- Outside IR35 Contract- SC / DV - Cloud / VMware Solution Architect
- Outside IR35
Solution Architect Contract - with active Security Clearance needed for Outside IR35 Contract London. SC / DV (must be willing to undergo DV) 6 month rolling Immediate Experience delivering technical Security Architecture design / assurance of security design. Specific experience with Cloud and VMWARE technologies Cross domain experience desirable HLD / LLD Current SC Clearance a must. London 3 days a week Immediately interviewing.
- Contract Night Shift Senior SOC Analyst | Microsoft Defender | Outside IR35
- United Kingdom
- Outside IR35
Contract Night Shift Senior SOC Analyst | Microsoft Defender / Sentinel | Outside IR35 Looking for an experienced SOC analyst to cover a night shift SOC operation. Level 2 technical Analyst. You must have current hands on technical experience with Microsoft defender / Sentinel within a customer facing SOC environment. This is a UK based position.
- DV Cleared CyberArk Consultant- Contract
- City of London
- Upto £700 per day
CyberArk Consultant is needed to be responsible for leading the deployment of CyberArk solutions for this Secure government site You will work with customer, helping to create CyberArk Strategic Roadmaps, on-boarding accounts, product and process integration into the CyberArk Solution and Proviso of Installation and technical Documentation. We are looking for this individual to have experience in: In CyberArk deployment, and ideally leady the deployment both strategically and also technically for this project we need the consultant to hold current DV cleared status For the right individual this could be a long term project.