Okta, which provides on-demand identity and access management for enterprises, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The San Francisco, CA-based company was founded in 2009 and booked $139 million in sales for the 12 months ended October 31, 2016. It plans to list on the Nasdaq under the symbol OKTA. Okta filed confidentially on December 20, 2016. Goldman Sachs, J.P. Morgan and Allen & Company are the joint bookrunners on the deal. No pricing terms were disclosed.
