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Okta Launches $50M Venture Fund, Debuts With A Blockchain Startup

by financemagnates.com posted 1month ago 12 views
The firm will invest in startups working in identity solution domain. : The identity management solution provider has launched $50 million venture fund to support early-stage startups working on artificial intelligence, machine learning, and blockchain technology. In the press release published on April 3rd, the company unveiled that it has already made its first investment on a blockchain company called Trusted Key. The company, however, did not provide any figures involved. Dubbed as Okta Ventures, the fund will focus its reach to the companies developing next-generation identity, security, and privacy solutions.

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