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Okta prices IPO at $17, the high end of the revised range

April 6, 2017
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Okta, which provides on-demand identity and access management for enterprises, raised $187 million by offering 11 million shares at $17, the high end of the revised range of $15 to $17. The company had originally set the range at $13-$15 before raising the range earlier this week. Okta plans to list on the Nasdaq under the symbol OKTA. Goldman Sachs, J.P. Morgan and Allen & Company acted as lead managers on the deal.