Okta: 2010 top cloud computing startup


9. Okta


The cleverly named Okta (a unit of measure for cloud cover in the sky) doesn't brag about its customers very much, but it definitely has the right idea. It's in the "identity management in the cloud" space, targeting the intersection of Software as a Service (SaaS) and the enterprise and knitting them together so that users can get a single sign-on point of entry for many different SaaS applications.

The company's Cloud Area Network, considered by Okta to be the "evolution" of local area networks, consolidates, manages and protects your cloud apps. Operating in the SaaS realm, a less intimidating territory than full-on cloud services, may prove beneficial to the startup.

Okta founder Tom McKinnon ran's engineering division, so he has domain expertise. Okta has $10 million in funding from Andreessen Horowitz, Floodgate and a little bit from SV Angel and other individuals.


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This was first published in August 2010

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