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Okta Announces SaaS Startup Competition to Build New Identity Security Applications

Okta Announces SaaS Startup Competition to Build New Identity Security Applications

Okta, a leading identity and access management company, announced an inaugural Okta SaaS Startup Competition. The competition invites early stage startups, incorporated in the US, that are building applications using identity, privacy, and security enabled workflows to showcase their innovations.

“We look forward to seeing what new innovations are presented to us as we collectively work to build a world where everyone can safely use any technology.”

Startups in the Okta SaaS Startup Competition will be evaluated on business potential, innovation, and the utilization of identity enabled workflows in their product. Three finalists will pitch to a live audience at Oktane24 which takes place from October 15-17, 2024 in Las Vegas. The winner of the competition may receive up to a $500,000 investment from Okta and access to a global network of identity management experts and venture capitalists.

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“Okta’s platform helps startups develop identity-enabled applications. Startups can capitalize on Okta’s robust tools to free up time so they can focus on building new products and applications without the complexities of managing identity infrastructure. At Okta we never stop innovating – this is a core value of the company that allows us to push boundaries every day. This is an incredible opportunity for startups to showcase their creativity while building for the future,” Austin Arensberg, Senior Director, Okta Ventures said. “We look forward to seeing what new innovations are presented to us as we collectively work to build a world where everyone can safely use any technology.”

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SaaS startups and enterprises are already innovating in the Okta Identity Cloud, leveraging its global network where thousands of organizations are securely managing identity with ease, flexibility, and reliability while helping their customers establish seamless user experiences, enhance cybersecurity measures, integrate authentication mechanisms, and more.

Okta’s platform provides many capabilities for startups–including secure identity management, flexible authentication, adaptive access policies, and seamless integration with a variety of applications–to help build differentiated applications, faster. Additionally, startups can leverage integrations with a broad range of technology partners in the Okta ecosystem.

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[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

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