Business Cloud News

Okta raises $75m in funding as cloud identity management leader is valued as $1.2 bn

identity access management

Cloud security vendor Okta has raised $75 million from existing shareholders, taking its market valuation at $1.2 billion.

As BG Group embraces cloud a balance between security and efficiency must be found

BG Group is transforming how its employees and partners collaborate on projects

UK oil and gas firm BG Group plans to put much of its data in the cloud over the coming months and is currently trialling Box’s cloud-based storage and collaboration platform, which it plans to extend across its global network of employees and partners. But it still needs to address data classification issues, and educate employees, in order to strike the right balance between security and efficiency according to Judy Porter, BG Group’s global IT strategy.

Cloud vendors failing verticals on industry-specific services, CIOs claim

Enterprise IT decision makers speaking at the Okta European Cloud Summit in London

While many enterprises are starting to shift a good portion of their application landscapes into the cloud it’s clear that many niche applications have yet to be moved, in large part because cloud-based alternatives simply don’t exist, according to IT heads in the private and public sector.

Okta appoints former CA Tech exec as CMO

Andrew Wittman, CMO at Okta

Identity and access management provider Okta has appointed former CA Technologies marketing head Andrew Wittman to the role of chief marketing officer.

Okta raises $27m to fuel global expansion

Okta scored slightly more than it did during last year's round, when it bagged $25 m

Cloud-based identity management service provider Okta announced Tuesday that it has secured $27m in series D financing that will go towards helping the company takes its identity management as a service global.