Okta secures $10M in Round A funding

Like Symplified (see cloudcomputing.info coverage), Okta is a cloud computing security vendor focused on identity access management (IAM).

The company was founded in early 2009 by Todd McKinnon and Frederic Kerrest.
McKinnon (CEO) comes from Salesforce, where he has been the Senior Vice President of Development from 2003 to 2009. Before that he has worked as Software Developer in Peoplesoft for 8 years.
Kerrest (President) comes from Salesforce too, where he was in the Sales & Business Development team from 2002 to 2007.
With them there are Eric Berg (Vice President of Products), a former Director of Product Management at Microsoft and former Vice President of Product Management at Apptio, and Roger Goulart (Vice President of Sales & Business Development), a former Vice President of Alliances at Salesforce.

The US startup offers a Single Sign-On (SSO) product that integrates with Microsoft Active Directory, that supports multi-factor authentication and that integrates with the most popular Software-as-a-Service (SaaS) public clouds to normalize the user access control inside those corporations that adopts products like Google Apps, Zoho, Salesforce, DropBox, and endless others.

In February Okta secured $10M in its first round of funding, led by Andreessen Horowitz.