Okta Ventures intends to write checks sized between $250,000 and $2 million into eight to ten early-stage businesses per year. . Okta Ventures' first investment is Trusted Key, a blockchain-based digital identity platform that previously raised $3 million from Founders Co-Op. The firm was founded in San Jose, California, United States.
Otka Ventures has interest in investing during angel, corporate, seed, and Series A through B rounds. The firm is interested in companies such as Iterative Scopes and Fast Forward.
Okta announces $50million corporate venture capital firm
Okta Ventures intends to invest capital in existing Okta partners, as well as other companies in the identity management ecosystem.