[ TRANSACTION RECORD ]

TX-284

VERIFIED VECTOR ID: 002188 · tx-284
M SOURCE NODE — FUNDER
— No Funder Linked —
$250,000,000
EQUITY
28/02/2024
Q DESTINATION NODE — RECIPIENT
SPV United States
Amount (USD)
$250.0M
Flow Type
EQUITY
Transaction Date
28/02/2024
Primary Source
Funder Profile [ M ]
Entity
AUM
HQ Location
Sector
Recipient Profile [ Q ]
Entity Type SPV
Jurisdiction United States
Intelligence Note

Okta Inc. reported a 250 million dollar strategic investment in its identity management platform to enhance its cloud security and access control services for global enterprises. This transaction involves the development of new AI-driven identity protection tools to secure digital access. The deal reflects the growing institutional demand for secure and seamless user access in the digital economy.