Is Okta owned by Google?

No, Okta is not owned by Google. It operates as an independent, publicly traded company listed on the NASDAQ stock exchange under the ticker symbol OKTA.

Ownership Structure

Okta's ownership is primarily composed of institutional investors, insiders, and retail investors:

• Institutional Investors: Approximately 79.82% of Okta's shares are held by institutional investors, including firms like Greylock XIII GP LLC, which owns about 2.00% of the company.

• Insiders: Company insiders hold around 4.39% of the shares.

• Retail Investors: The remaining 15.79% is owned by individual retail investors.

Partnership with Google

While Okta is not owned by Google, the two companies have established a strategic partnership to enhance identity and access management solutions:

• Integration with Google Workspace: Okta integrates with Google Workspace to provide seamless single sign-on (SSO) and user provisioning, enabling users to access multiple applications with a single set of credentials.

• Collaboration on Enterprise Security: The partnership aims to improve enterprise security by combining Okta's identity management capabilities with Google's cloud services, offering organizations robust tools for secure collaboration.

In summary, Okta remains an independent entity with a diverse ownership structure and collaborates with companies like Google to enhance its service offerings.