Okta announced a $50 million fund to invest in the next generation of identity startups using AI, machine learning and blockchain.
At its customer conference Oktane, cloud identity manager Okta announced a $50 million fund to invest in the next generation of identity and authentication startups.
The fund's first investment is in Trusted Key, a blockchain-based digital identity platform that had previously raised $3 million.unveiled Okta Ventures, a $50 million in-house venture fund focusing on early-stage identity and authentication startups that use artificial intelligence, machine learning, and blockchain technology.
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